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Elon Musk Xin Cryptocurrency
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Elon Musk's X is expanding into financial services, planning to launch trading, payments, and investment features by 2025, including Dogecoin trading. Users will soon trade, tip, and spend seamlessly within the app, signaling a major shift toward an all-in-one platform.

Russia’s crypto exchange Garantex moves millions despite stablecoin ban, blockchain data shows

Crypto NewsFriday, June 20, 2025 at 11:50:00 AM
Russia’s crypto exchange Garantex moves millions despite stablecoin ban, blockchain data shows
Despite being hit with sanctions and losing $26 million in frozen Tether, Russia's Garantex is still moving—or at least holding onto—another $15 million in crypto, according to blockchain data. The exchange, which the U.S. targeted for alleged illicit activity, seems to be finding ways to keep funds flowing, even as regulators try to clamp down.
Editor’s Note: This isn’t just about one shady exchange—it’s a test case for how effective crypto sanctions really are. If Garantex can still operate under the radar, it raises big questions about enforcement and whether bad actors can always find loopholes in the system. For regulators and the crypto industry, that’s a problem that won’t go away quietly.
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