Russia Archives - Page 3 of 3

Russian Court Orders Detention of Crypto Game Co-Founder on Fraud Charges

Leave a Comment / Cryptocurrency, Regulation, Russia / best time

Russian law enforcement has arrested the co-founder of the crypto game Blum in Moscow as part of a criminal investigation into large-scale fraud. Smerkis Steps Down as Blum CMO Russian law enforcement arrested Vladimir Smerkis, co-founder of the crypto game Blum, in Moscow as part of a criminal investigation into large-scale fraud. The announcement of […]

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New Central Bank Crypto Rules ‘Will Ban USDT Trading in Russia’

Leave a Comment / Altcoin News, Russia, USDT / best time

New Central Bank crypto regulations could effectively outlaw Tether (USDT) trading in Russia, experts have explained. However, they say that the new rules would not preclude Russian firms from using USDT or other stablecoins as payment or settlement tools in cross-border trade deals. USDT Trading in Russia: Under Threat? The media outlet RBC reported that

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Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance

Leave a Comment / de-dollarization, Economics, Russia / best time

De-dollarization is exploding across Eurasia as 93% of EAEU trade now flows through national currencies, signaling a decisive pivot from the U.S. dollar and reshaping global finance. Russia Says 93% of EAEU Trade Now in National Currencies as Dollar Use Crumbles A rising trend of de-dollarization is reshaping trade across Eurasia, as national currencies increasingly

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Central Bank of Russia rates Bitcoin the top global investment since 2022

Leave a Comment / Adoption, Bitcoin, Featured, gold, Investments, Russia / best time

The Central Bank of Russia has ranked Bitcoin as the most profitable investment over the past year, outperforming traditional assets such as gold, stocks, and bonds. In a newly published analysis, the regulator noted that Bitcoin delivered a 38% return in the last 12 months, ranking highest among the asset classes it evaluated. Looking further

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Russian Power Engineers Develop New Solutions to Hunt Illegal Crypto Miners

Leave a Comment / Blockchain News, Crypto Mining, Russia / best time

Russian power engineers say they have developed new methods to help them track down and prosecute illegal crypto miners operating in areas prone to electricity shortages. The Russian media outlet RG quoted the North Caucasus branch of the national power provider Rosseti as stating that it has used the solutions to detect “dozens of underground

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Top Russian Lawmaker: India-Pakistan Tensions Will Drive up Bitcoin Prices

Leave a Comment / Bitcoin, Bitcoin News, Russia / best time

A senior Russian lawmaker says that intensifying India-Pakistan tensions will lead to a Bitcoin (BTC) price rise. Speaking to the Russian Parliamentary Gazette on May 7, Anatoly Aksakov, the Chairman of the State Duma’s Committee on the Financial Markets, also suggested that some states are now using BTC as a payment tool in cross-border arms

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Russian Economist: Digital Ruble Rollout May Be Pushed Back to 2027

Leave a Comment / Altcoin News, CBDC, Russia / best time

A Russian economist has claimed that the nation’s Central Bank Digital Currency, the digital ruble, may not roll out nationwide until 2027. The digital RUB had been slated to launch on July 1, 2025. But earlier this year, the Central Bank abruptly postponed the launch “indefinitely,” giving no alternative launch timeline. Digital Ruble Rollout: Russians

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Dedollarization Accelerates: Russian Official Details BRICS Currency Shift

Leave a Comment / brics, de-dollarization, Economics, Russia / best time

BRICS is surging ahead with unstoppable momentum, rapidly abandoning the U.S. dollar, building resilient payment systems, and forging a historic new economic frontier beyond Western control. Lavrov Confirms BRICS Ditching US Dollar Fast Russian Foreign Minister Sergey Lavrov has highlighted the growing use of national currencies among BRICS members in place of the U.S. dollar

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Russian AML Agency Wants to Criminalize Illegal Crypto Mining

Leave a Comment / Blockchain News, Crypto Mining, Russia / best time

The Russian AML agency wants to impose criminal liability on illegal crypto miners operating in the country, claiming that illicit miners are helping launder funds for lawbreakers. Per the Russian Parliamentary Gazette, the plan is the brainchild of the Federal Financial Monitoring Service (Rosfinmonitoring). The agency is also working on the plan with the Russian

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Russian Governor Says Gas Solution May Solve Region’s Bitcoin Mining Woes

Leave a Comment / Bitcoin mining, Blockchain News, Russia / best time

A Russian provincial governor has claimed that associated gas produced at oil drilling sites could provide a solution to ongoing Bitcoin mining-related concerns. Earlier this month, the BTC mining hotspot of Irkutsk unveiled the nation’s first-ever year-round ban on crypto mining in the southern part of the oblast. This move came just months after Moscow

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