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Russia Plans State-Backed Crypto Exchange for Investors
Russia has been under embargo for quite a while now. One way to evade this embargo was with crypto payments. Now the Russian government...
Russia Considers Launching Its Own Stablecoin
This move could give Russia greater control over its financial system. Western sanctions have made international payments more difficult.
A senior official from Russia’s Finance...
Russia Uses Bitcoin, USDT for Oil Deals with China, India
This marks a significant shift in how Russia navigates global financial restrictions. It is using digital assets to keep its oil flowing.
According to Reuters,...
Russia’s Central Bank to Permit Limited Crypto Buys
Russia is making a big move in crypto. The country's central bank has announced that it will allow some investors to buy digital assets—but...
Finance Minister: Russia Can Use Bitcoin in Trade
The Russian government has been actively discussing alternatives to the US dollar in foreign trade. A senior government official recently disclosed that the country...
Russia Bans Bitcoin Mining in 10 Regions for 6 Years
This decision comes as the Russian government cites concerns over excessive energy consumption.
This is a growing issue in regions already struggling with energy infrastructure....
Russian Deputy Proposes Strategic Bitcoin Reserve
Anton Tkachev, a member of Russia’s State Duma and part of the New People party, has suggested creating a strategic Bitcoin reserve. This reserve...
Binance Still Serves Russian Users Despite Exit
Binance has continued offering its services to Russian users despite announcing a departure in 2023.
An exchange representative told Cointelegraph: “We continue to serve...
Russia to Launch Crypto Exchanges in Moscow & St. Petersburg
According to a recent report, these exchanges are expected to operate under an experimental legal regime.
This framework is designed to explore and test...
Russia Legalizes Bitcoin and Crypto Mining
This landmark decision was announced on August 8th.
President Vladimir Putin signed a new law that paves the way for regulated crypto mining activities within...