Russian companies are already conducting cross-border settlements using cryptocurrencies, although the regulation of such transactions has not yet started, Ivan Chebeskov, director of the Financial Policy Department of the Ministry of Finance, told Izvestia. The Chamber of Commerce and Industry (CCI) explained that digital currencies are mainly used for transactions with unfriendly countries, primarily for…
Category: Cryptocurrency news
Top management of Celsius Network withdrew tens of millions of dollars before bankruptcy
The heads of the crypto-credit company Celsius Network withdrew tens of millions of dollars before bankruptcy Former CEO of Celsius Network Alex Mashinsky, as well as top management withdrew tens of millions of dollars from the firm before its bankruptcy. This is stated in the financial report, which was prepared as part of the proceedings….