Russia’s Rostec launches ruble-backed stablecoin RUBx on Tron blockchain

Russia’s Rostec launches ruble-backed stablecoin RUBx on Tron blockchain

Russia’s tech conglomerate is launching its own stablecoin on the Tron network along with a stablecoin payment platform. Countries across the globe are entering the stablecoin race. On Friday, July 4, Russia’s state-owned tech conglomerate Rostec announced plans to launch its own stablecoin this year, along with RT-Pay, a dedicated platform for stablecoin-based payments. The … Read more

Russia’s Secret Service Just Seized a Russian Crypto Exchange: Hyperbitcoinization Race is On?

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Garantex, the Russian crypto exchange with alleged ties to shady banks and criminal networks, is gone—its website yanked offline by the Russian Secret Service in coordination with global enforcement. This takedown, years in the making, wasn’t subtle. US and European regulators have been circling for ages, using Garantex as a poster child for what happens … Read more