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(Bloomberg) -- Russian commodities firms struggling to execute financial transactions with Chinese counterparts have started tapping a new method for settling deals — stablecoins.Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaUS Futures Rise on Apple Shipment Surge in Chi

Mudrex, a global crypto investment platform, supports over 200+ tokens and offers free crypto transfers from Binance. This move follows the Financial Intelligence Unit's notice to Binance and other exchanges for non-compliance with anti-money laundering standards in India. Mudrex aims to empower users with flexibility and choice. The platform also introduces expert support for users handling larger amounts or those uncomfortable with crypto transfers.

Quicker and cheaper than its larger rival Bitcoin, Tron has overtaken its rival as a platform for crypto transfers associated with groups designated as terror organizations by Israel, the United States and other countries, according to interviews with seven financial crime experts and blockchain investigations specialists.

Binance plans to airdrop $100 worth of BNB tokens to Libyan users who completed Proof of Address verification.

MARKET WRAPS Stocks: European stocks extended their losses on Friday on lingering worries about the health of the Chinese economy. News that ailing Chinese property developer Evergrande... -Today at 05:58 am- MarketScreener