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Survey: 14% of Russians Think Cryptocurrencies Will Oust Fiat in 10 Years
27.4.2021
A new survey revealed the different stances of Russians toward cryptocurrencies and fiat currency. Specifically, some of the respondents believe digital assets will replace fiat in ten years. Residents in Moscow Believe Cryptos Will Replace Fiat, While Others Are Skeptical According to Nord News...
OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread
18.4.2021
Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some...
Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining Power
13.4.2021
On April 12, the international provider of colocation services for low-carbon cryptocurrency mining Bitriver announced it is launching a pre-sale of tokens backed by 100 megawatts (MW) of mining power in Siberia. The ERC20 tokens called “bitriver token (BTR)” will represent a single...
More Russians are disclosing their cryptocurrency incomes: report
8.4.2021
Consulting firms like PwC Russia said that Russians have been increasingly reporting their income from cryptocurrency operations
Russian lobby group launches new campaign against anti-crypto laws
6.4.2021
According to Russian crypto advocates, the existing laws “do not meet the needs” of the cryptocurrency market
Digital ruble is ‘highest form of money’, Russian Bitcoin critic says
30.3.2021
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted
Russia Wants to Use the Digital Ruble to Power its USD Purge
30.3.2021
The politician charged with putting together Russia’s crypto regulation legislation and forming the nation’s financial policy has spoken about the need to purge the United States dollar from the economic system – and has called the forthcoming digital ruble a “higher form of money.”
Speaking in...
Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says Official
28.3.2021
Herman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor cryptocurrency transactions that involve the conversion from crypto to fiat. Neglyad made this revelation during a recent meeting of the State Duma Committee on financial...
Russia’s Hermitage museum to host NFT art exhibition
26.3.2021
The NFT exhibition will be part of the “Hermitage 20/21” project
Russia's money laundering watchdog monitoring crypto to ruble transactions
24.3.2021
Rosfinmonitoring has informed the Russian parliament that it is paying close attention to transactions involving the conversion of crypto to rubles
Russia & China vs. USD, Fed's Chair on Bitcoin, FATF Aims at DeFi + More News
22.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Fiat news
During his visit to China, Russian Foreign Minister Sergei Lavrov called for Moscow and Beijing to reduce their dependence on the...
Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers
19.3.2021
The Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking measures to prevent illegal activities on cross-border transfers with cryptos. Putin Calls Other Offices to Join the Fight...
Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’
18.3.2021
The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a Unified Governmental...
Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets
17.3.2021
Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity
EAEU unlikely to find common ground on crypto regulation, official says
17.3.2021
The Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations
MP Claims that Russia’s Crypto Tax Threshold Is Subject to Change
16.3.2021
Russian parliamentarians could be set to alter the soon-to-be-imposed legal threshold for crypto tax declarations, a State Duma committee member has conceded.
As previously reported, lawmakers have previously voted in favor of a bill that would force crypto traders to declare total annual earnings...
The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
13.3.2021
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled...
Russian protest group Pussy Riot sells NFTs for latest single 'Panic Attack'
12.3.2021
The Russian protest group Pussy Riot is auctioning four non-fungible tokens tied to a new single in order to support a shelter for victims of domestic violence
Video Cards, Crypto Mining Facility Demand Soars in Russia
11.3.2021
The demand for video cards and ready-made bitcoin (BTC) and altcoin crypto mining centers is rising astronomically in Russia as more people in the nation flock to the fast-expanding sector.
Per a report from the media outlet Gazeta, data from the Russian e-commerce platform Avito revealed that last...
Bank of Russia to start digital ruble trials in 2022
11.3.2021
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021