Tag: russia
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…
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…
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…
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 Deputy…
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…
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…
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…
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…
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 which…
