Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a senior Moscow lawmaker, the ranks of officially registered crypto mining companies have gone from just 91 at the start of 2024 to over 1,000 today. This sharp rise comes after a law passed in the fall of 2024 required […]
Tenfold Surge: Russian Crypto Mining Firms Rush To Go Legit Read More »
A senior Moscow lawmaker says the number of Russian crypto mining firms signed up to the Federal Tax Service’s register has risen tenfold in the past six months. The Russian media outlet RBC reported that MPs claim that more than 1,000 firms are now “legally” mining coins. And this has led one political leader to
Russia Reports x10 Rise In Registered Crypto Mining Firms Read More »
A leading Russian policymaker says authorities should be given the power to seize coins from illegal or quasi-legal Bitcoin miners. The Russian state-run news outlet TASS reported that the comments came from Yevgeny Masharov, a member of the commission of the Public Chamber of the Russian Federation for the Public Examination of Draft Laws and
Russian Policymaker Says State Should Seize Crypto From Illegal Miners Read More »
Bitcoin Magazine Russia’s Sberbank Plans to Launch Bitcoin and Crypto Custody Services Sberbank, Russia’s largest lender, plans to offer custody services for cryptocurrency assets, aiming to lead the country’s digital asset infrastructure as demand for bitcoin and crypto services grows. The move comes as Russia’s central bank has softened its stance on digital assets, recently
Russia’s Sberbank Plans to Launch Bitcoin and Crypto Custody Services Read More »
The Moscow Exchange says it will launch a fund that tracks one of the world’s biggest Ethereum ETFs, just weeks after debuting a Bitcoin index futures offering. The Russian media outlet RBC reported that Maria Patrikeyeva, the Managing Director of the Moscow Exchange Derivatives Market, confirmed the plan, stating that the Ethereum (ETH) fund will
Moscow Exchange to Launch ETHA-Tracking Ethereum Futures Index Fund Read More »
Bitcoin (BTC) prices may hit $150k before 2025 is over, Russian crypto industry experts have claimed, with bullish sentiments taking a grip on the markets in Moscow and elsewhere in the world. The Russian state-run media agency TASS interviewed some of the nation’s leading crypto industry figures in a Bitcoin price forecast piece this weekend.
BTC Prices May Hit $150k by End of 2025, Say Russian Experts Read More »
Dollar dominance faces a historic reckoning as looming U.S. tariffs on BRICS nations risk accelerating de-dollarization and fueling a rapid pivot to rival financial systems. US Tariff Threats Could Backfire as BRICS Strengthens Parallel Financial System Mounting economic divergence between major global powers is accelerating the shift toward a multipolar trade system and eroding traditional
US Tariffs on BRICS Could Deepen Global De-Dollarization Trend, Economist Warns Read More »
The Russian government is poised to ban domestic data processing centers from mining crypto if they use subsidized power. The Russian media outlet RBC reported that the government has revamped a draft law on mining that passed a first reading in the State Duma back in 2022. Government officials are now working with lawmakers on
Russia to Block Data Processing Centers from Mining Crypto with Cheap Power Read More »
Russia has created a comprehensive register of cryptocurrency mining equipment, which aims to identify electricity consumers involved in mining, facilitating special regulations and taxation. Combating Unregistered Mining Operations The Russian Ministry of Energy, Federal Tax Service (FTS), and Ministry of Digital Development have reportedly compiled a comprehensive register of cryptocurrency mining equipment. Deputy Energy Minister
Russia Compiles Crypto Mining Equipment Register to Boost Oversight Read More »
Global confidence in the U.S. dollar is crumbling as rising debt, sanctions backlash, and collapsing trust spark a powerful shift in the foundation of global finance, a top Russian official says. US Dollar Faces Intensifying Scrutiny Amid Rising BRICS Influence and Domestic Economic Strain Growing skepticism over the U.S. dollar’s long-term stability is signaling a
Russian Official Warns at BRICS: US Dollar Losing Trust Amid Global Financial Shifts Read More »
