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Russia

US Treasury sanctions 32 Russian entities over alleged digital currency-related election interfering
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17 April, 2021

US Treasury sanctions 32 Russian entities over alleged digital currency-related election interfering

Federal authorities alleged that digital currencies were extensively used to facilitate payments between some of the entities, with one in...
Digital ruble highest form of money, Russia says
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11 April, 2021

Digital ruble highest form of money, Russia says

Russia’s central bank may roll out digital ruble early 2022. The project is focused on replacing other digital currencies in...
Putin: Russia must monitor increasing criminal use of digital currencies
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20 March, 2021

Putin: Russia must monitor increasing criminal use of digital currencies

Russian President Vladimir Putin wants the country’s law enforcement agencies to focus more on the digital currency industry, which he...
Russia to pilot digital ruble prototype in 2021
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17 March, 2021

Russia to pilot digital ruble prototype in 2021

Russia’s central bank intends on launching a digital ruble prototype this year, its deputy chairman has recently revealed.
Russian mobile networks plan wallet and payment services for digital ruble
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19 February, 2021

Russian mobile networks plan wallet and payment services for digital ruble

Mobile networks Beeline and Megafon are reported to be considering supporting services for an eventual central bank digital currency.
Russian lawmakers draw up bill for digital currency tax
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18 February, 2021

Russian lawmakers draw up bill for digital currency tax

Domestic residents from Russia and elsewhere, as well as domestic and foreign organizations established in the country, will be covered...
Record number of ASIC miners imported into Russia: report
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17 February, 2021

Record number of ASIC miners imported into Russia: report

An unidentified client for BitRiver has recently shipped roughly 20,000 ASIC miners into the firm’s block reward mining facility in...
Russia’s largest bank files to launch a stablecoin
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27 January, 2021

Russia’s largest bank files to launch a stablecoin

Russia’s Sberbank has filed an application with the country’s banking regulator to launch its own stablecoin.
Russian exchange Livecoin shuts down after hack
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20 January, 2021

Russian exchange Livecoin shuts down after hack

The permanent closure comes after the exchange abruptly shut down in the wake of the attack in late December, leaving...
Gas powered block reward mining farm opens in Siberia
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8 January, 2021

Gas powered block reward mining farm opens in Siberia

The wholly owned subsidiary of natural gas firm Gazprom is initially running mining operations from one of its oil drilling...
Celebrity BTC scam ads tracked back to Moscow
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20 December, 2020

Celebrity BTC scam ads tracked back to Moscow

A prolific BTC scam operating in Australia has been traced to fraudsters in Russia, following an investigation by The Guardian...
Putin signs order requiring Russia officials to report digital currency holdings
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16 December, 2020

Putin signs order requiring Russia officials to report digital currency holdings

Public officials in Russia must include digital currencies owned by their spouses and children, and must report by June 30,...