Tag: russia

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Russia and Iran Are Building a New Gold-Backed Cryptocurrency

Iran and Russia are reportedly working together to establish a new gold-backed digital currency that will help each nation avoid sanctions imposed by the...

Does Edward Snowden Have a Big BTC Stash?

Edward Snowden – the U.S. intelligence leaker now living in Moscow – hinted he has quite a few bitcoins to his name, and that...

Justice Department Set to Prosecute American That Sent Crypto to Sanctioned Country

The United States Justice Department has announced it is proceeding with a criminal prosecution case against an American citizen who sent more than $10...

Russia Gets Ready to Accept Crypto Payments

Russia is set to legalize bitcoin and other forms of crypto as methods of payment soon according to the country’s Industry and Trade Minister...

The Blockchain Group Lobbies Against Legislation Designed to Prevent Russians from Using Crypto

The Blockchain Group is working to prevent members of Congress from passing legislation that would place sanctions on oligarchs or individuals in Russia for...

US Issues New Sanctions Against Crypto Miners in Russia

The United States is imposing more sanctions on Russia for its alleged involvement in the Ukraine invasion. The country is now saying it will...

Russia Is Looking to Issue Its Own Cryptocurrency

Following its recent invasion of Ukraine, Russia has been cut out of many of the world’s dealings and financial platforms. The nation has decided...

Bitcoin Almost Reaches $50K

The price of bitcoin has jumped to its highest point this year and is currently trading for more than $47,000 per unit. The currency...

Russia Is Now Willing to Trade Oil for Bitcoin

The economy in Russia isn’t doing too well. Not long ago, the ruble – the national currency of Russia – experienced a massive drop...

Russia Supposedly Isn’t Turning to Crypto After All

For the past month or so, many regulators and members of the U.S. government have expressed concern that Vladimir Putin and Russia may be...

Ukraine Declares Bitcoin and Crypto Fully Legal

Volodymyr Zelenskyy – the president of Ukraine – has legalized cryptocurrency use in his native country. The move stems after Ukraine received countless crypto...

Christopher Wray: Russia Will Have Difficulty Using Crypto to Avoid Sanctions

Christopher Wray – the director of the Federal Bureau of Investigation (FBI) – says that Russia overestimated its abilities to use crypto to fight...