Bitcoin News / Bitcoin.com - 2 months ago
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institut...
by COINS NEWS - 2 months ago
The Bitcoin mining activities generated an additional 50 billion rubles, or $552 million, in tax revenue for the Russian government, according to Bezdelov. submitted by /u/hiorea [link] [comments]
Bitcoin News / Google News Bitcoin - 2 months ago
Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking all sources of transfers to and from Russia, and bank h...
Bitcoin News / Google News Bitcoin - 2 months ago
Russian Bitcoin Miners Mine Over $3,000,000,000 Worth of BTC in 2023, According to Industry Insiders: Report& & The Daily Hodl
Bitcoin News / Google News Bitcoin - 2 months ago
Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023 – Mining Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like...
Bitcoin News / Bitcoin.com - 2 months ago
The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision follows...
Bitcoin News / Bitcoin.com - 2 months ago
Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected by...
Bitcoin News / Google News Bitcoin - 2 months ago
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be supplied to legal a...
Cryptocoins News / Blockchain - 2 months ago
In response to Western sanctions, Russia has enacted legislation legalizing cryptocurrency mining and international payments, a strategic pivot aimed at mitigating economic pressures. (Read More)
Bitcoin News / Bitcoinist - 2 months ago
The cryptocurrency mining in Russia has reached an industrial boom, whereby the number of Bitcoins minted by industrial miners reportedly reached about 54,000 Bitcoins this year.
Translated, this is about $3 billion, showing how big the industry has...
Bitcoin News / Bitcoin.com - 2 months ago
Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for bilateral settlements between Russia and China. In a recent interview with Russian media, Aksakov stated that these instrum...
Bitcoin News / Bitcoin.com - 2 months ago
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts to...