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Category: Russia

February 25, 2021

What Russian journalists can learn from Navalny’s Bitcoin wallet

As the Kremlin sequesters funds to the opposition, Bitcoin serves to run blockades. Alexei Navalny is a noted leader of the Russian opposition.…
February 23, 2021

Russian Orthodox Church will not accept Bitcoin in offering plate

A church spokesperson said it was also unlikely the church would release its own digital currency.…
February 18, 2021

New Law Recognizing Bitcoin and Crypto Assets As Property in Russia Passes First Hurdle

Russia may soon recognize Bitcoin (BTC) and other cryptocurrencies as property. The parliament’s lower house, the State Duma, has reportedly passed the first reading of a bill that would tax digital assets.…
February 18, 2021

Russian crypto mining firm scrambles to meet foreign demand

Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners.…
February 16, 2021

Russian Duma prepares bill on cryptocurrency taxation

The Russian State Duma will consider a new bill on cryptocurrency taxation on Feb. 17. Russian lawmakers are actively preparing new legislation for taxing cryptocurrencies like Bitcoin (BTC).According…
February 16, 2021

Russian mobile carriers consider smartphone integration for digital ruble

Russian wireless service providers MegaFon and Beeline proposed to link digital ruble wallets on smartphones to user's phone numbers.…
February 10, 2021

Russia has imported its largest Bitcoin miner batch

An unknown client in Russia has stacked 20,000 Bitcoin miners at one of BitRiver’s locations in Siberia.…
February 9, 2021

Bitcoin flippens Russian ruble after Tesla purchase

The crypto asset's market capitalization has also overtaken Tesla's again, following an overnight price surge. After hitting a new all-time high of more than $48,000 earlier today, the market capitalization of Bitcoin has surpassed the total market cap of the Russian ruble. …
February 6, 2021

Russia’s regulatory sandbox and the implementation of blockchain tech

The regulatory sandbox that came into effect in Russia last month is aimed at boosting innovative technology implementation.…
January 22, 2021

Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22

Retail users may have to wait in much of the world, however. Editor's noteIt may be too late for resolutions and too early for Lent, but lacking any discrete occasion I would still like to give up U.S.…
January 22, 2021

Some Russian officials are being forced to sell their crypto by April 2021

Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law.…
January 21, 2021

Top Russian bank Sberbank plans to launch its stablecoin by spring 2021

Sberbank has applied with the Central Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin.…

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