Tag: Exved

Sergey Mendeleev, a prominent figure in Russia's cryptocurrency scene, has played a central role in the establishment and operation of two key platforms—Garantex and Exved. These platforms have been instrumental in facilitating cross-border payments and crypto transactions, potentially serving as important tools for Russia’s sanctions evasion strategy. Mendeleev's growing influence in this space, coupled with Russia's evolving regulatory framework, positions him as a key player in Russia.

Russian tech entrepreneur Sergey Mendeleev, known for his involvement in various crypto ventures, has embarked on a new project called Exved. Announced on December 7, 2023, Exved is a Russian firm set to facilitate exchanges between Tether (USDT), rubles, and the dollar, potentially impacting the landscape of digital currency exchanges. Mendeleev is also the co-founder of the sanctioned crypto exchange Garantex.