Tag: russia

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Russia Eyes Crypto for Grain Export Settlements

Russia considers crypto payments to streamline grain trade and exports. Agricultural Bank explores blockchain as faster alternative to banking systems. Blockchain adoption in...

Bank of Russia Allows Crypto Derivatives for Qualified Investors

Bank of Russia allows crypto-linked derivatives for qualified investors only. New rule signals cautious shift in Russia’s crypto investment stance. Government plans exclusive...

Russia’s Sberbank to Become Market Maker for Regulated Crypto Platforms

Sberbank to provide liquidity on Russia’s regulated crypto trading platforms. Bank of Russia launches three-year experimental regime for qualified crypto investors. Sberbank plans...

Russia Tightens Grip on USDT, Permits Cross-Border Crypto Use

Russia's new rules exclude USDT from domestic use due to sanctions risks.  Cross-border crypto transactions, including USDT, remain legal for international trade. The Central...

SWIFT Tightens Crypto Oversight Amid Russia-China Moves

SWIFT enhances crypto monitoring to counter sanctions evasion.  U.S. Treasury sanctions entities for illicit crypto activities. The global financial messaging network SWIFT is stepping...

Russia Plans Crypto Exchange for ‘Super-Qualified’ Traders

Russia will launch an exclusive crypto exchange for 'super-qualified' investors only. Access requires ₽100M in deposits or ₽50M in annual income under new...

Russia Eyes Own Stablecoin Launch, Finance Official Confirms

Russia plans stablecoins to reduce reliance on foreign digital currencies amid Western sanctions. Tether's USDT wallet freeze on Garantex caused a $28M loss,...

Russia Secretly Uses Crypto for Oil Payments with China and India

Story Highlights Russia uses crypto for oil payments with China and India. Russia bypasses sanctions using Bitcoin, Ether, and USDT. Investigators track Russia’s crypto-based...

Cyber Gang Uses Malware to Target Crypto Users in Russia

The Russian gang "Crazy Evil" targets cryptocurrency users with phishing scams, stealing digital assets through malware and social engineering. A Russian-speaking cybercriminal group called “Crazy...

Russia Tightens Crypto Mining Rules with Mandatory Registration

Russia introduces mandatory crypto mining registration and an online reporting system, aiming for better oversight and tax compliance. Russia’s Ministry of Energy has announced plans...

Rosseti Introduces Bitcoin Mining to Boost Economy and Energy Efficiency

Rosseti integrates Bitcoin mining to utilize idle energy, boost revenue, enhance grid efficiency, support local economies, and promote innovation. Russia’s largest state-owned power grid company,...

Russian Citizen Jailed for Using Crypto to Fund Ukrainian Military

Russian citizen sentenced to seven years for using crypto to fund Ukrainian military; Russia tightens crypto regulations. In a significant development, a Russian citizen has...