Regulation
Congress wants to be notified of all crypto rewards payments by DOS
The U.S. wants to understand how crypto is impacting sanctions enforcement and take strong measures to prevent evasion.
Monika Ghosh 3 min read
Russia News
Regulatory debates, mining, sanctions dynamics, and Russia’s complex crypto environment.
Coverage footprint 0.8%
Top Russia Stories
Payments
Russia PM sets December deadline for international crypto payments rule
Prime minister Mikhail Mishustin noted that the country's financial system would have to adjust because of the economic sanctions imposed by western authorities.
Stablecoins
Russia to settle cross-border payments using stablecoins
Russia is developing a digital platform that will allow it settle cross-border transactions with more friendly countries using commodity-backed stablecoins.
Latest Russia Crypto News & Analysis
Regulation
Russia to reportedly consider crypto use for international payments
Russia has faced increased scrutiny and sanctions from western countries over its Ukraine invasion, forcing a rethink of its stance towards crypto.
NFTs
Hackers’ plan to sell stolen passport of Belarusian leader as NFT on OpenSea fails
Hacktivist group Belarusian Cyber Partisans listed NFTs of Belarusian President Lukashenko passport information for sale on OpenSea only for the collection to be promptly delisted.
Politics
Ukraine seizes $19,500 from crypto wallet dedicated to supporting Russian forces
The Security Service of Ukraine said it has arrested an individual who was raising funds via crypto to support Russian forces.
Regulation
Putin signs law banning crypto-based payments in Russia
The legislation comes after the central bank finally showed signs of support for crypto payments over the last few months.
Stablecoins
Russian’s Central Bank and Ministry of Finance clash over stablecoins
The Russian government agencies disagree on the viability of stablecoins, but perhaps a compromise can be reached in developing a ruble-backed stablecoin.
Taxes
Russia approves tax exemptions for issuers of cryptocurrency
Russia approved a draft bill to exempt cryptocurrency issuers from VAT as part of its ongoing pro-crypto legislation.
More Russia Crypto News Headlines
Regulation
Russia contemplates allowing crypto for international payments
Adoption
Russian minister says crypto to become means of payment ‘soon’
Exchanges
Coinbase to shut down some Russian accounts due to EU sanctions
Privacy
