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Crypto News

Russia To Legalise Cryptocurrency Payments For Foreign Trade, Says Finance Minister Anton Siluanov

On October 21, Anton Siluanov, the Finance Minister, made this announcement stating, The Central Bank of the Russian Federation and the Russian Ministry of...
Crypto Mining News

Russia Explores Launch Of A Crypto Bank To Address Rising Fraud And Support Local Crypto Miners

Russia is considering the potential for a cryptocurrency bank, which would serve two primary functions: as a means of reducing fraud and aiding the...
Crypto News

Kyrgyzstan-Based A7A5 Stablecoin Tops $40B In Transactions As Russia Seeks SWIFT Alternative

A rouble-backed stablecoin called A7A5 saw transaction volumes soar past $40 billion in July, data from blockchain analyst Elliptic shows, as reported by Reuters.  Launched...
Crypto News

Russia’s Largest Bank Sberbank Moves Into Crypto Custody Services

Russia’s biggest bank, Sberbank, announced on Thursday that it will start offering custody services for cryptocurrency assets. The move comes as the bank looks...
Crypto News

Russia Moves To Ban Crypto Mining At Power-Subsidised Data Centres

In a recent move, the Russian Government in Moscow is planning to it would block data centres from mining cryptocurrencies if they are found...
Crypto News

Russian Embassy Seeks Clarity From U.S On Detained WEX CEO Dmitry Vasiliev’s Location and Health Condition

The Russian Embassy in Washington, D.C. has formally requested information from the U.S. State Department regarding the status and wellbeing of Dmitry Vasiliev. Dmitry Vasiliev...
Crypto Mining News

Russia Builds Crypto Mining Equipment Register To Stop Illegal Power Use

The Ministry of Energy, the Federal Tax Service and the Ministry of Digital Development of Russia have jointly created a register of cryptocurrency mining...
Crypto News

Ukraine Imposes Sanctions on 60 Companies For Aiding the Transfer of Russian Crypto Amid Ukraine Russia War

In a major development linked to the financial front of the Ukraine-Russia war, Ukrainian President Volodymyr Zelensky has signed a decree. The decree imposes sweeping...
Crypto News

FTX Recovery Trust Cautions That Legal Barriers May Prevent Disbursement of Funds to Users In China and Russia

The FTX Recovery Trust has issued a formal motion to the court seeking approval to adopt new procedures. They aim at facilitating the distribution...
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...
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