Mining
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Chainalysis warned that Russia could leverage local exchanges like Garantex for tax evasion efforts.
Oluwapelumi Adejumo 2 min read
Russia News
Regulatory debates, mining, sanctions dynamics, and Russia’s complex crypto environment.
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Exchanges
Russia to launch crypto exchanges for global trade in Moscow and St Petersburg
Russia continues its moves toward crypto amid the biting economic sanctions.
Crypto
Russian central bank governor says CBDCs will be part of everyday life by 2031
Nabiullina said the digital rouble's advantages, such as free transfers for individuals and lower transaction fees for businesses, will drive its adoption.
Latest Russia Crypto News & Analysis
Macro
El Salvador proposes crypto trade with Russia amid sanctions pushback
The proposed use of Bitcoin and crypto aims to address the impact of sanctions and logistical challenges on conventional trade channels.
Adoption
Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade
The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation.
Mining
Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC
Russian president Vladimir Putin's warning come amid the country's plans to regulate the mining sector.
Regulation
Russia proposes allowing traditional exchanges to handle crypto trading
A government draft response outlines the possibility alongside related issues.
Adoption
Russia contemplating permanently legalizing stablecoins for cross-border payments
Russia is considering regulating the entire transaction chain, from transferring these assets into the country to accumulating and utilizing them for cross-border payments.
Culture
Buterin argues for blockchain as defense against ‘efficiency’ of Authoritarian regimes
Countering the efficiency narrative, Buterin and Smith examine blockchain's potential to enhance democratic resilience through secure, anonymous communication and verifiable voting.
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CBDCs
Russian official says international CBDC payments will be the norm within 5 years
Regulation
Lawmakers urge Biden administration to address ‘rogue nations’ evading sanctions via crypto
Legal
United States OFAC places new sanctions on crypto firms with ties to Russia
Legal