Tag: Russia

Russia finance ministry, in coordination with the central bank, has announced plans to launch a government-regulated crypto exchange.

As global sanctions continue to restrict Russia financial dealings, crypto has emerged as a crucial tool for facilitating international trade.

The government of Russia is planning to export cryptocurrencies like Bitcoin as natural gas in a new national monetization move

Russia is revitalizing its plans to issue a digital currency as its international isolation grows deeper over the past year

Despite its invasion of Ukraine, the government of Russia has continued to benefit from consistent crypto donations

Authorities in Russia appears to be mulling plans of abandoning their planned national crypto exchange platform

The government of Russia has announced a draft law to adopt crypto as payment for imports and exports to sustain international trade

A law introducing harsh penalties for crypto miners in Russia who default in the payment of tax has now been drafted

Dmitry Medvedev, a former President of Russia, predicted that the US dollar and Euro will collapse and crypto usage will dominate.

Russia's crypto mining bill, which would legalize cryptocurrency mining, is currently on hold and is anticipated to be adopted by January.

Ukraine has managed to benefit from the crypto industry. People can easily donate money, send or receive funds from relatives

President of Russia believes in the establishment of a worldwide payment system that is immune to external influence using blockchain tech.

The Russian central bank or the Bank of Russia is actively searching for a place for digital crypto assets in its financial system

Binance has left its services accessible to non-sanctioned Russian nationals despite European Union sanctions against the country

European Commission has imposed 8th sanctions package against Russia, a major step toward supporting Ukraine.

Cryptocurrency mining should only be permitted in specified locations, according to an agreement between the Bank of Russia and the Russian Federation’s Ministry of Finance (MiFin). In a recent report, RBC-Crypto stated that Russian officials are ready to legalize mining only in areas with abundant energy supplies and to outlaw it in areas with limited […]

With the intent of launching the Russian Central Bank Digital Currency (CBDC) or Digital Ruble in 2023, a senior lawmaker has revealed the country’s plans to use the CBDC for mutual settlement with China. Russia is taking this step in a bid to reduce the United States’ global financial hegemony with the dollar. The CBDC […]

Amid the ongoing war with Ukraine, Russia changed its mind about cryptocurrencies and is now trying to make provisions for trade in digital assets. The largest exchange in the nation, Moscow Exchange, plans to enable the trading of securities and digital financial assets (DFAs) using a set of bills that are now being created. According […]