Tag: Russia

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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...

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...

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...

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...

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...