Search
Russian State Duma Deputy Chairman Calls out Tariff Bluff, Remarks on Digital Currencies’ Role in Freeing International Trade
16.12.2024
Alexander Babakov, Deputy Chairman of the Russian State Duma, called out President-elect Trump’s recent threats regarding the hypothetical implementation of a 100% tariff regime on the BRICS bloc, stating that such an application was unlikely. Russian State Duma Deputy Chairman: Trump...
EU Seizure of Russia’s Assets Could Erode Euro’s Reserve Status
13.12.2024
Seizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically, Euroclear Cautions EU Euroclear Ltd., the Belgian...
Russia Too! Russian State Duma Deputy Proposes Creating a Strategic Bitcoin Reserve
11.12.2024
Russian State Duma Deputy Anton Tkachev directed a letter to the Ministry of Finance to consider creating a strategic bitcoin reserve akin to the one that exists for traditional currencies. Tkachev highlighted that bitcoin could serve both as a store of value and as an opportunity to reap profits....
Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report
10.12.2024
Anton Tkachev proposed "assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies."
Is Russia Preparing to Create a Bitcoin Reserve Strategy?
10.12.2024
Russia has joined the ranks of the US and Poland with a Bitcoin plan, as it considers creating…
Bitget Mulls U.S. Entry While Awaiting Trump’s Pro-Crypto Administration
9.12.2024
In an interview, Bitget CEO Gracy Chen surveys the geopolitics of the crypto exchange landscape, including contested territories like Nigeria, Russia and India
Putin Confirms Digital Ruble Integration in Russia’s Federal Budget
6.12.2024
Russia is set to integrate its central bank digital currency (CBDC), the digital ruble, into its federal budget system starting next year, with nationwide adoption targeted by July 1, 2025, President Vladimir Putin announced at the 15th VTB Russia Calling! Investment Forum. Highlighting ongoing...
Russia sentences Hydra market founder to life in prison
4.12.2024
Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer
China Prepares for Western Sanctions With Russia’s Economic Blueprint
1.12.2024
China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign...
BRICS Alliance Expands: Russia Confirms No Partner Declines
1.12.2024
BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian officials confirm. BRICS Expansion Gains Momentum: No Declined Invitations Russia has confirmed that no countries have declined...
Dollar’s Role Shrinks as 80% of Russian Export Revenues Shift to Non-Toxic Currencies
30.11.2024
Russia’s central bank, the Bank of Russia, has revealed that over 80% of major Russian exporters’ revenues are now denominated in rubles and “friendly” currencies, marking a significant shift from Western currencies. Deputy Governor Philipp Gabuniya highlighted this...
Putin Signs Law Declaring Crypto as Property in Russia
30.11.2024
Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025. Crypto Officially Property in Russia After Putin Signs Landmark Law Russian President Vladimir Putin has signed a...
4 reasons why $100K is the next logical step for Bitcoin
28.11.2024
Bitcoin’s path to $100,000 is supported by strong institutional interest, macroeconomic trends, and miner confidence
Russian gov’t approves new crypto taxation framework
28.11.2024
The Russian Federation Council’s approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia’s national currency, the ruble
Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
28.11.2024
Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house...
Russia Cautious on Tokenizing Real-World Assets
25.11.2024
The Bank of Russia’s report highlights the potential benefits of tokenizing real-world assets but also emphasizes the need for a clear regulatory framework. Expanding the Value of Traditional Assets While tokenization has the potential to increase liquidity for real-world assets, among other...
Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets
22.11.2024
Russia has revealed that it will respond in kind to the actions of Western governments, which are preparing to make a $50 billion loan to Ukraine collateralized by frozen Russian assets, potentially escalating this conflict. Russia Preparing Retaliatory Move Involving Western Assets The government...
Russia’s Foreign Trade Defies Western Sanctions, Official Claims
22.11.2024
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 Finance Minister Anton Siluanov has claimed that...
Russia to restrict crypto mining in 13 regions to save electricity
20.11.2024
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk
13 Regions Face Crypto Mining Ban Under Russia’s New Energy Policies
20.11.2024
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 Yevgeny Grabchak confirmed the decision, which...