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Bitcoin News

Russia Receives 150 Applications For Crypto Mining Registration As New Law Takes Effect

After the introduction of the new mining law on November 1, the Federal Tax Service (FTS) has received approximately 150 applications for registration in...
News

Russia Bans Crypto Mining In Occupied Ukraine Regions Amid Energy Crisis

As the war between Russia and Ukraine enters a new phase, Russian authorities on Tuesday, 19th November, launched a massive ban on crypto mining...
News

Russia Proposes 15% Tax On Crypto Earnings Amid Push To Regulate Crypto Mining

A new 15% cryptocurrency tax has been introduced in Russia following a draft amendment to the tax code. The Ministry of Finance announced this...
News

CEO Of Russia’s Largest State-Owned Bank CEO Says Domestic Crypto Transaction “Not Very Likely”

Herman Gref, the CEO of Sberbank, discussed ongoing cryptocurrency regulation in Russia during his speech at the “FI day. Blockchain: on the edge of...
Bitcoin News

Russia Mines 54K Bitcoins In 2023, Adds 50 Billion Rubles To State Revenue

According to a Russian local news report, Russia has emerged as a significant player in the global cryptocurrency mining industry, with 54,000 bitcoins mined...
Ethereum news

Russia To Set Up Two Cryptocurrency Exchanges To Support Foreign Economic Activity

Russia has planned to establish two new cryptocurrency exchanges, one in Moscow and another in St. Petersburg, to support foreign economic activity (FEA). These...
News

Russia Moves to Regulate Cryptocurrencies Amid Sanctions Pressure

Russia is moving to regulate the use of cryptocurrencies as companies face increasing difficulties in foreign payments due to US sanctions over the war...
Bitcoin News

Putin Passes Bill To Legalize BTC Mining & Trading In Russia

The State Duma has taken a major step towards legalising cryptocurrency mining in Russia by passing a bill in its first reading. The Duma...

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