Following the freezing of Russian-linked USDT holdings by Tether, a proposal to develop an internal stablecoin pegged to alternative currencies is gaining traction. Osman Kabaloev, Deputy Director of […]
Russia Seeks Control Over its Digital Finance with Proposal for National Crypto Stablecoin
Russia’s Finance Ministry has proposed a groundbreaking move: the creation of a national crypto stablecoin. This proposal aims to enhance domestic digital finance, reduce reliance on foreign crypto […]
Russia Considers Internal Stablecoin Solutions Following Tether Blockage
Following Tether’s recent blocking of Russian-linked digital wallets belonging to the crypto exchange Garantex, Russia’s finance ministry is considering developing its own fiat-backed stablecoins. Deputy Head of the […]
Russia Proposes National Crypto Stablecoin Amidst Sanctions
Russia’s Finance Ministry has proposed a national cryptocurrency stablecoin aimed at circumventing sanctions and reshaping international trade. This initiative, spearheaded by key figures like Osman Kabaloev and Alexei […]
Global Blockchain Forum to Ignite Moscow in 2025
Russia is set to become a leading hub for the cryptocurrency industry, with Moscow hosting the Global Blockchain Forum 2025 on April 23-24. This two-day event, featuring over […]
Russian Businesses Embrace Crypto for Cross-Border Payments as Sanctions Tighten
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. […]