Tag: russia

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CBDC

Russia Expands Digital Ruble Pilot with New Bank Participants

Russia expands its digital ruble pilot with Sberbank, TBank, and Tochka, as more banks join efforts for CBDC testing and security. Sberbank, TBank, and Tochka...
Bitcoin News

Russia Legalizes Bitcoin for International Payments to Counter Western Sanctions

Russia legalizes Bitcoin for international payments to counter sanctions, and expanding its use for trade. Russia's finance minister announced that the country has changed its...
Crypto Mining

Russia to Ban Crypto Mining in 10 Regions Starting January 2025

Russia will ban crypto mining in 10 regions from January 2025 to address energy shortages and balance electricity use. Russia has announced that it will...
Bitcoin News

Russian State Duma Eyes Strategic Bitcoin Reserve Initiative

Tkachev indicates a Bitcoin reserve to ensure Russia's financial stability. Russia's crypto policies are evolving, including tax breaks and mining authorization. Russian State Duma...
News

Russia Approves New Crypto Tax Rules to Balance Stakeholder Interests

Russia approves new crypto tax rules, balancing miners, businesses, and state interests to regulate and stabilize the growing crypto sector. The Russian government has approved...
Bitcoin Mining

Russian Energy Ministry Proposes Crypto Mining Ban in Certain Regions

The Russian Energy Ministry proposes a crypto mining ban in select regions from December 2024 to manage energy shortages and high demand. The Russian Energy...
News

Russia Expands Cryptocurrency Regulations with New Law

Russia's new law, signed by Putin, expands cryptocurrency regulations, enhancing oversight of mining activities and establishing regional restrictions starting November 1st. The Russian government released...
Crime

Russian Influencer Faces $22 Million Crypto Fraud Charges

Russian influencer Valeria “Bitmama” Fedyakina faces trial for $22 million crypto fraud, with charges shifted from treason to theft by deception. Valeria “Bitmama” Fedyakina, a...
News

Former Russian Investigator Jailed for $73 Million Bitcoin Bribe

A former Russian state investigator, Marat Tambiyev, has been sentenced to 16 years in prison for accepting bribes worth around $73 million, most of...
CBDC

Bank of Russia Confirms Digital Ruble Will Not Disrupt Monetary Policy

The Bank of Russia has indicated that introducing a digital ruble will not disrupt the existing monetary policy framework. Recently, the central bank released...
Exchange News

Russia Set to Launch Two Crypto Exchanges to Power Global Trade

Russia is set to launch crypto exchanges in Moscow and St. Petersburg, aimed at enhancing foreign trade. The new exchanges will initially target...
Altcoin News

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...
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