Russia

In the next months, the Russian Federation plans to construct a crypto-mining facility valued about $12.3 million.  This large data processing facility will be placed in Buryatia, a…

In one of its most isolated regions, Russia has agreed to support a massive crypto-mining plant. Russia has authorised a massive, subsidised crypto-mining facility in Buryatia, a region…

DeFi systems are able to disrupt the existing market for financial services, according to Konstantin Klimenko, product director of Sber's Blockchain Lab. Sberbank, the biggest bank in…

Russia and Iran will soon realize Bitcoin is the answer they want since their recently-announced stablecoin experiment is bound to fail. Earlier this month, it was reported that the…

In view of the expansion of digital assets and the constraints imposed on nations, Russia and Iran are studying the creation of a gold-backed stablecoin. Alexander Brazhnikov, the…

Nearly eight in ten Russians believe Bitcoin (BTC) is the "most dependable" cryptocurrency in circulation. And over a third of respondents indicated they have used crypto "at least once." …

As the cryptocurrency business grows, authorities and organizations throughout the globe are becoming more interested, with Russia taking a step further by proposing the development of a…

In a message to its subscribers, Blockchain.com, a cryptocurrency wallet, said that it will prohibit the accounts of Russian citizens beginning on October 27, 2022. Due to the most…

According to the Ministry of Finance, Russian enterprises operating inside the Russian Federation have started using cryptocurrency to bypass sanctions in cross-border transactions. …

In an addendum to the collaboration between the two countries, Russia intends to increase Kazakhstan's energy needs in order to supply power to the former Soviet republic's miners. The…