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EU’s Russian Crypto Ban Confirmed as Bloc Tightens Sanctions
6.10.2022
All crypto payments from Russians to European wallet providers will be forbidden under the measures
Russia Allows International Trade in Cryptocurrency for Any Industry
5.10.2022
The Finance Ministry of Russia is looking to facilitate a more accommodating cryptocurrency policy, as it plans to permit the use of digital assets for international settlements in any industry without restrictions.
The Russian Ministry of Finance acknowledges the growing significance...
Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals
4.10.2022
Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training....
Blockchain Intelligence Reveals Pro-Russian Groups Raising Funds Through Cryptocurrencies
4.10.2022
Pro-Russian paramilitary groups are raising bitcoin (BTC) and other cryptoassets to fund their operations and evade sanctions as the invasion of Ukraine continues, reported CNBC, citing a research report published Monday by TRM Labs, a digital asset compliance and risk management company.
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Kim Kardashian Charged by SEC for Promoting EthereumMax, Pro-Russian Paramilitary Raised Crypto Worth $400K, Crypto Exposure by Banks 0.14% + More News
3.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Kim Kardashian Charged by SEC for Promoting EthereumMax, Pro-Russian Paramilitary Raised Crypto Worth $400K, Crypto...
Bank of Russia Adds Digital Assets to Banking Chart of Accounts
3.10.2022
Central Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published draft of the new banking chart of accounts. In the future, financial institutions will be able to provide data about operations with these assets. Russian Banks...
Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners
1.10.2022
Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly from the Russian power generation and distribution giant Inter RAO. Miners...
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
1.10.2022
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services...
Russia Said to Allow Crypto Mining in Regions With Hydroelectric and Nuclear Power
29.9.2022
Cryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto industry has recently marked the regions where Moscow is likely to authorize mining and the ones...
Settlements With China — Russia Plans Next Step for Digital Ruble
28.9.2022
Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine...
EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda
28.9.2022
Russians could be restricted from making any payments to EU crypto wallets following the imposition of limits in April
Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals
27.9.2022
The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working...
Pro-centralization Russian president grants citizenship to Edward Snowden: Report
26.9.2022
The views of the NSA whistleblower, who has been in Russia since 2013, seemingly clash with those of President Vladimir Putin, who has often worked against promoting decentralization
Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say
26.9.2022
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial...
While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback
25.9.2022
While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September, Russia told the press China would pay for natural gas with rubles and yuan. Moreover, Switzerland’s...
Russia Starts Developing Mechanism for International Crypto Payments
25.9.2022
Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments....
Moscow Exchange Suggests Issuing Crypto Receipts for Those Afraid of Blockchain
25.9.2022
The Moscow Exchange has proposed to legalize the issuance of receipts for digital financial assets. The trading platform says this will allow custodians to offer clients who are not ready for distributed ledgers to essentially work with securities. MOEX also plans to become a licensed crypto...
Erdogan Suggests Turkish-Russian Payment System, Local Media Reports
24.9.2022
Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments...
Crypto Trading and Mining Regulations Must Come in Same Bill, Says Top Russian Politician
23.9.2022
The chief architect of Russia’s long-awaited crypto legislation has insisted that crypto trading regulations and new rules about the governance of the crypto mining sector must be addressed in the same bill. And the news could be good for Russian crypto miners – with tax breaks on the cards.
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Russian officials approve use of crypto for cross-border payments: Report
22.9.2022
Deputy Finance Minister Alexei Moiseev said the policy describes "how to acquire cryptocurrency, what can be done with it" and its use in cross-border settlements