Amidst the ongoing economic squeeze from sanctions imposed following the conflict in Ukraine, Russian businesses are turning to cryptocurrencies as a viable alternative for international transactions. The country’s […]
Russian Crypto Theft Losses Reach $150 Million in 2024
A new study by cybersecurity experts reveals that Russians have suffered significant financial losses due to crypto theft in the past year, totaling over $150 million. These losses […]
Russia Seeks Crypto Regulation for Cross-Border Payments
Facing limitations on traditional financial systems due to Western sanctions, Russian logistics giant ETE Group calls for a clear crypto regulation framework in Russia. They believe this framework […]
Russia’s Central Bank Invests in Crypto, Seeks Legal Framework for Payments
The head of Russia’s central bank has acknowledged growing interest from Russian businesses in crypto payments for international trade deals. The governor also revealed plans to expand trials […]
Trump’s Potential Call for Russia to Halt Ukraine War Sparks Controversy
Former U.S President Donald Trump is reportedly urging Russia to end the conflict in Ukraine, sparking significant debate and controversy. The call came amidst growing concerns over escalating […]
Russia Eyes Digital Assets Amid Trade Shifts, Seeking Alternative Payment Channels
Facing global trade shifts fueled by U.S. tariffs and sanctions, Russia’s central bank is exploring the potential of digital assets. Central Bank Governor Elvira Nabiullina highlighted this in […]
Russia Bans Cryptocurrency Mining in Irkutsk Oblast Until 2031
The Russian government has imposed a year-long ban on cryptocurrency mining in several districts of Irkutsk Oblast, known as the ‘mining capital’ of Russia due to its low […]
Moscow Launches Crypto Tax Calculator for Miners
Russia’s capital has unveiled a new tool designed to simplify tax compliance for cryptocurrency miners. The calculator, developed in collaboration with regional authorities and industry experts, aims to […]
Moscow Introduces Crypto Mining Tax Calculator for Russian Miners
To improve compliance and reporting accuracy for Russian miners, Moscow has launched a new tax calculator specifically designed for them. This tool aims to align mining activities with […]
Russian Investments Soar as Uncertainty Drives Crypto & Gold Demand
Since 2022, Russian citizens have significantly increased their investments in both cryptocurrencies and precious metals, according to a nationwide consumer finance survey by the Central Bank of Russia. […]
Russia Defends BRICS’ Dollar-Free Future as US Raises Tariff Concerns
In the face of U.S. tariff hikes and escalating tensions, Russia maintains its commitment to BRICS efforts to reform global finance while ensuring that their initiative is not […]
Russia and U.S. Set to Resume Rare Earth Metal Talks
Negotiations between Russia and the United States on rare earth metals projects are set to resume next week, according to Dmitriev, head of the Russian Direct Investment Fund. […]
Russia to Monetize Seized Cryptocurrency: Bitcoin Conversion Plan Unveiled
Russian authorities have been granted the authority to convert confiscated Bitcoin seized from criminal activities into state revenue. The move follows the Russian government’s seizure of millions in […]
Missing From Trump’s Tariffs: $22 Billion In Russian Imports Since 2022
Despite the imposition of tariffs on many countries, Russia managed to import nearly $22 billion worth of goods into the United States since 2022. This despite a decline […]
Digital Ruble Launch Postponed: Technical Hurdles Delay Russian CBDC Release
The anticipated launch of Russia’s Central Bank Digital Currency (CBDC), known as the Digital Ruble, has been pushed back to mid-2026. The delay comes amid ongoing technical challenges […]