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Jul 31, 20241 min read
Russia Legalizes Crypto Mining and Brings an Experimental Regime
Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based...
Jun 12, 20241 min read
Russian Crypto Mining Firm Intelion Makes $135 Million AI Investment
Russian crypto mining firms are continuing to spend big on new projects, with the Bitcoin mining player Intelion unveiling a $135 million...
May 20, 20241 min read
Russian Court Jails Finiko Crypto Scam Exec for Three Years
A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest...
Mar 18, 20241 min read
Russian Crypto Mining Industry Could Be Set for $4Bn Boost
The Russian crypto mining industry could be set for a $4 billion boost, representatives claimed at a media event in Irkutsk, Siberia.
Mar 13, 20241 min read
EU Parliament Approves New Sanctions Laws That Also Apply to Crypto
The European Parliament on Tuesday approved a new batch of rules to crack down on sanctions violations, including through crypto.
Mar 11, 20241 min read
BRICS Is Developing a Blockchain Payment System
Russia, a member of the BRICS alliance, announced the development of a new blockchain-based payment system to revolutionize trade
Mar 11, 20241 min read
Crypto Firm Copper Allegedly Sent $4.2M to Sanctioned Russian Arms Dealer’s Wallet
UK-based crypto firm Copper Technologies reportedly transferred digital assets totaling more than $4.2m to a wallet associated with a Russia
Jan 3, 20241 min read
Russia Will Begin Collecting Taxes in Digital Rubles from 2025
Russian tax authorities will start collecting taxes in digital rubles from 2025, with banks also handed powers to block
Dec 25, 20231 min read
Russian firm BitCluster to establish 120 MW bitcoin mining center in ethiopia
Russian Bitcoin mining solutions provider BitCluster has unveiled plans to establish a 120-megawatt (MW) data center in Ethiopia.
Dec 14, 20231 min read
Crypto Exchange CoinList Settles OFAC's Russian Sanctions Allegations for $1.2M
Crypto exchange CoinList paid $1.2 million to settle U.S. Office of Foreign Assets Control allegations it allowed users in Crimea
Nov 16, 20231 min read
Russian Banks ‘Fighting Back’ Against Digital Ruble
Russian banks are reportedly “fighting back” against the digital ruble amid claims a CBDC launch would cost them $684 million a year.
Oct 21, 20231 min read
Russia Gov’t Wants to Use Its CBDC for Tax Collection, Paying Benefits
Russia’s government intends to use the digital ruble to make welfare payments, and wants citizens to use the CBDC to pay their taxes.
Oct 16, 20231 min read
Russian Business Titan Sber to Join Digital Ruble Pilot
Russia’s Sber, the operator of Sberbank, says it will join the Central Bank’s digital ruble pilot, in a major coup for the nation’s CBDC.
Oct 4, 20231 min read
Russian Corporations Using Digital Ruble as CBDC Pilot Gathers Pace
Russian corporations are starting to make use of the digital ruble, the country’s central bank digital currency (CBDC).
Sep 27, 20231 min read
Binance Sells Russian Unit to Day-Old CommEX, Exits Country
Crypto exchange Binance has agreed to sell the entirety of its Russia business to CommEX as it looks to fully exit the market over
Sep 21, 20231 min read
India Ranks Second Globally in Crypto Transaction Volume
India has emerged as the world's second-largest crypto market in terms of raw transaction volume, surpassing the UK, Turkey, and Russia
Sep 19, 20231 min read
Russian Central Bank: Digital Ruble ‘Doesn’t Use Biometric Data’
The Russian Central Bank says that its CBDC, the digital ruble, “has nothing to do with” state efforts to collect biometric data.
Sep 6, 20231 min read
Russian Beauty Salon Becomes First to Process a CBDC Payment
A Russian beauty salon in Yekaterinburg has become one of the first businesses in the nation to accept a digital ruble payment
Aug 28, 20231 min read
OKX and Bybit remove sanctioned Russian banks from payments list
The two major crypto exchanges followed Binance by excluding Russian banks under international financial sanctions from their payment option
Aug 28, 20231 min read
Digital Ruble Scammers ‘Target Russians in Multiple Regions’
Digital ruble scammers have reportedly struck in multiple Russian regions, with fraudsters apparently hoping to dupe citizens
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