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 […]
Russia Develops Legal Framework to Monetize Seized Bitcoin
The Russian Federal Bailiff Service (FSSP), collaborating with relevant stakeholders, is implementing a legal framework to convert confiscated bitcoins into state revenue. This follows a precedent set in […]
Russia Postpones Digital Ruble Launch to 2026 Amid Technical and Regulatory Hurdles
Russia’s digital ruble rollout has been pushed back to mid-2026 as the Central Bank tackles technical and regulatory challenges. The initial target of July 1, 2025 has been […]
Russia Prepares Legal Framework for Seized Bitcoin Sales
While the United States explores a strategic Bitcoin reserve strategy, Russia is taking a different path towards cryptocurrency. The Russian Federal Bailiff Service (FSSP) is working on a […]
Russia Eyes Cryptocurrency Revenue From Seized Bitcoin
Facing a unique challenge of utilizing seized cryptocurrency for state revenue, Russia is exploring options following the recent precedent-setting case of former investigator Marat Tambiev. A record $90 […]
Russia Delays Digital Ruble Launch to Mid-2026 Due to Technical Migration Hurdles
The Bank of Russia is facing challenges transitioning banks towards the digital ruble launch, pushing back the timeline to mid-2026. The delay stems from difficulties integrating with foreign […]
Russia Converts Seized Bitcoin for State Revenue Amid Legal Changes
Russia is taking a significant step towards regulating its crypto industry by converting seized Bitcoin into state revenue. Dmitry Aristov, Head of the Federal Executive Service, has spearheaded […]