by COINS NEWS - 4 weeks ago
Missing “Cryptoqueen” Ruja Ignatova may be hiding in Russia to avoid criminal charges, according to a BBC investigative journalist specializing in Kremlin affairs. Ignatova was a Bulgarian-born entrepreneur who founded a fraudulent cryptocurren...
Bitcoin News / Bitcoin.com - 1 month ago
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 incre...
Bitcoin News / Bitcoin.com - 1 month ago
U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative payment methods, such as using other...
Bitcoin News / Bitcoin.com - 1 month ago
Chinese banks have implemented additional compliance measures for payments from the United Arab Emirates (UAE), India, and Hong Kong, which have traditionally served as trade partners for Russia. These measures aim to identify Russian businesses usin...
Bitcoin News / Bitcoin.com - 1 month ago
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 Retaliat...
Bitcoin News / Bitcoin.com - 1 month ago
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities fail to address this upcoming problem, it could lead to illegal mini...
Bitcoin News / Bitcoin.com - 1 month 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 month 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 month 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 - 1 month 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 - 1 month 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 - 1 month 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 month 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 month 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 month 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 month 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 month 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 - 1 month 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 - 1 month 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 - 1 month 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...