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Russia Plans State-Backed Crypto Exchange for Investors

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

Russia Considers Launching Its Own Stablecoin

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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

Russia Uses Bitcoin, USDT for Oil Deals with China, India

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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’s Central Bank to Permit Limited Crypto Buys

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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...
Russia Can Use Bitcoin in Trade, Says Finance Minister

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

Russia Bans Bitcoin Mining in 10 Regions for 6 Years

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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

Russian Deputy Proposes Strategic Bitcoin Reserve

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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 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

Russia to Launch Crypto Exchanges in Moscow & St. Petersburg

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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

Russia Legalizes Bitcoin and Crypto Mining

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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...