Bitcoin News / Bitcoin.com - 5 hours ago
Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Fi...
Bitcoin News / Bitcoinist - 1 day ago
Russia has taken steps to limit cryptocurrency mining in specific regions to address potential energy shortages during the winter months.
The government commission overseeing the country’s energy management announced a seasonal ban on mining activiti...
Bitcoin News / Bitcoinist - 1 day ago
Russia is poised to implement a 15% tax on all crypto mining and trading activities. The move aims to foster a regulatory framework that supports the growing digital asset industry.
15% Tax On Crypto Trading And Mining Activities
According to Interfa...
Bitcoin News / Bitcoin.com - 2 days ago
Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yev...
Bitcoin News / Bitcoin.com - 5 days ago
The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to impose such a ban following the enactment of the recent national cryptocu...
Bitcoin News / Bitcoin.com - 6 days ago
Russia’s issuance of digital financial assets could reach 10 trillion rubles (approximately $101.36 billion) by 2026, according to Sberbank Deputy Chairman Anatoly Popov. Speaking in Moscow, Popov noted that the current market volume for digital fina...
Bitcoin News / Bitcoin.com - 1 week ago
Sberbank CEO Herman Gref announced that using cryptocurrencies as a payment method within Russia is currently prohibited by law and is unlikely to be allowed in the near future. Speaking at the “FI day. Blockchain: on the edge of a new financia...
Bitcoin News / Bitcoin.com - 1 week ago
China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the Chinese Academy of Social Sciences. Zhang emphasized that as permanent members of the UN Security Council, China...
Bitcoin News / Bitcoin.com - 1 week ago
The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis Manturov. Speaking at a Russian-Indian intergovernmental commission meeting, Manturov emphasized the i...
Bitcoin News / Bitcoin.com - 1 week ago
Russia’s central bank reported a record high of $207.7 billion in gold reserves for October. Gold’s share in Russia’s total international reserves rose from 31.5% in September to 32.9%, the highest level since November 1999, when it reached 34%. Hist...
Bitcoin News / Bitcoin.com - 1 week ago
Russia, India, and several African nations are accelerating dedollarization, embracing national currencies in trade to enhance economic independence and reduce reliance on the U.S. dollar. Global Trade Gets a Shake-Up as Powers Pivot from the US Doll...
Bitcoin News / Bitcoin.com - 2 weeks ago
Anton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case f...
Bitcoin News / Bitcoin.com - 2 weeks ago
Russia is reshaping global finance, pivoting from the dollar to local currencies as more nations rally for alternatives to U.S. dominance in global transactions. A New Currency Frontier? Russia’s Strategy Signals Global Shift Kremlin spokesman Dmitry...
Bitcoin News / Bitcoin.com - 2 weeks ago
The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov...
Cryptocoins News / Finance Magnates - 2 weeks ago
Russia took a significant step in legalizing
cryptocurrency mining in the region. The new law has strict limitations, allowing only specific groups to undertake the activity.A new law signed by President Vladimir Putin now
recognizes crypto mining as...
Bitcoin News / Bitcoin.com - 2 weeks ago
Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review. Week in Review Ripple’s CEO recently disclosed the closure of his 25-year-old bank acco...
Bitcoin News / Bitcoin.com - 2 weeks ago
The DOJ has indicted a Russian cryptocurrency CEO for allegedly orchestrating a vast wash trading scheme to inflate crypto market volumes, misleading investors and exchanges globally. An Empire of Fake Trades: DOJ Reveals Conspiracy Inside Crypto Mar...
Bitcoin News / Bitcoin.com - 2 weeks ago
Russia’s sweeping crypto mining regulations took effect Nov. 1, transforming the industry with strict energy caps, mandatory registration, and stringent oversight. Russia’s Crypto Law Takes Effect, Sparking Changes in Energy and Oversight On Nov. 1,...