The Bank of Russia is set to re-examine its longstanding opposition to stablecoins, conducting a feasibility test later this year. It follows stablecoin pushes by the US following the GENIUS…
Browsing: Russia
Russia is moving ahead with its crypto mining initiatives and is working simultaneously to work on illegal operations. Authorities are preparing to regulate crypto trading on major stock exchanges by…
The Bank of Russia says Bitcoin mining may help support the ruble. Impact is acknowledged but difficult to measure because much activity remains in a gray area. The Russian Central…
Polish President Nawrocki defended his veto, arguing the crypto bill was overly restrictive and granted excessive powers to regulators. The dispute deepens political tensions, with Tusk warning the veto leaves…
VTB Bank plans to introduce spot crypto trading for qualified investors in 2026. VTB joins a small group of global banks providing direct crypto trading. VTB Bank is preparing to…
Maxim Oreshkin says mined Bitcoin is like an export, and should be included in Russia’s trade statistics. Officials say there is a lot of mining output and increased revenues in…
Russia launches a national registry to track crypto mining equipment, targeting energy abuse and illegal mining operations.
Russia wants to expand its criminal code with terms related to cryptocurrencies so that law enforcement agencies can confiscate crypto during criminal probes. A new bill will state that crypto…
Former U.S SEC Chair Gary Gensler has expressed his confidence regarding the long-term potential of Bitcoin in comparison to altcoins. While in office, Gensler was a tough regulator of the…
The deputy head of the Financial Policy Department has confirmed that Russian officials are considering creating a national stablecoin similar to USDT. This comes after Tether froze more than $30…
A recent report by VanEck has disclosed that China and Russia are settling energy trade with Bitcoin and other cryptos. Multiple countries have also been reported to explore ways to…
Russian bailiffs have recently been granted the authority to convert confiscated Bitcoin from criminal activities into state revenue. The Russian government has seized millions in cryptocurrency from illicit activities, but…
Russia is using cryptocurrencies like Bitcoin, Ethereum, and Tether in its oil trade with China and India to bypass Western sanctions. Some Russian oil companies convert yuan and rupees into…
Russia is reportedly using cryptocurrencies for oil trade with China and India, according to four anonymous sources who declined to be identified due to the issue’s sensitivity. This move comes…
Russia is moving forward with a gold digital asset pilot to find advanced payment solutions for the BRICS bloc. BRICS member states risk tariff hikes from the US amid a…
Tether froze over $28M in Garantex wallets, forcing the Russian exchange to halt withdrawals amid growing regulatory scrutiny.
Russia’s Finance Ministry confirms it won’t add crypto to the National Welfare Fund, keeping its focus on yuan and gold for stability.
Russia and India now conduct nearly 90% of direct transactions in national currencies, strengthening financial ties and reducing reliance on the U.S. dollar. India-Russia trade surged 8.6% to $64.5 billion…
Russia’s Investigative Committee has proposed amendments with the aim of regulating the seizure and freezing of cryptocurrencies in criminal cases, addressing gaps in existing legislation. Legal experts in Russia are…
Rosseti, Russia’s state-owned electricity giant, intends to convert surplus energy into profit by utilizing idle power for Bitcoin mining, effectively repurposing excess electricity for the country’s grid. Rosseti aims to…