Russian Businesses Avoid Sanctions with Cryptocurrencies
According to the Ministry of Finance, Russian enterprises operating inside the Russian Federation have started using cryptocurrency to bypass sanctions in cross-border transactions.
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Russia is providing Kazakhstan’s cryptocurrency miners with electricity
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…
Russia approves proposed legislation on cryptocurrency mining in energy-rich areas
The Russian government has resorted to working on regulatory clarification that will impact the country's cryptocurrency mining industry, outlining the requirements that operators must…
Kazakhstan is prepared to legalize cryptocurrencies as Russians flock to the nation
A large bank in Kazakhstan has completed its first crypto-to-fiat exchange, and the president is prepared to sanction exchange operations.
President Kassym-Jomart Tokayev said on…
Vladimir Putin Grants Citizenship to Edward Snowden in Russia
As reported by the state-run news agency TASS on Monday, former NSA contractor and famed whistleblower Edward Snowden was awarded Russian citizenship by President Vladimir Putin.
His…
Russian Finance Ministry Official Says Crypto Payments Are Coming
A statement by a Russian official on September 19 indicated that the draught law on digital currencies drafted by the Ministry of Finance should provide a framework for crypto settlements.
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Russian man accused of laundering cryptocurrency extradited to the US
The Office of International Affairs of the Justice Department managed the Russian national's extradition.
Denis Mihaqlovic Dubnikov has been extradited from the Netherlands to the United…
Ukraine gets new weapons with $60 million in crypto funding
The Russian invasion of Ukraine triggered crypto contributions from across the globe. It was meant to aid the nation in amassing all the essential military weaponry to endure the fight with…
Putin Modifies Law to Expand Russia’s Ban on Crypto Payments
Thursday, Russian President Vladimir Putin signed a measure expanding the country's prohibition on cryptocurrency payments to include other token kinds.
Anatoly Aksakov, a member of the…
Russia’s largest bank performs first blockchain digital asset transaction
Sberbank has completed the first transaction using a digital financial asset on its own blockchain-based platform.
Sberbank, the biggest bank in Russia that is majority-owned by the…
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