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Russians’ Crypto Holdings Top .4 Billion Amid Surging Institutional Investment

Russians’ Crypto Holdings Top $25.4 Billion Amid Surging Institutional Investment

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

Russia’s crypto market is accelerating fast as institutional investors pour trillions of rubles into digital assets and rapidly expand industrial mining, capitalizing on abundant energy to strengthen global positioning. Digital Asset Boom Strengthens as Russians Top 2 Trillion Rubles in Crypto Holdings A bullish surge in Russia’s cryptocurrency sector is intensifying as domestic investors aggressively […]

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Russia Predicted to Emerge as the Second Global Bitcoin Mining Power

Leave a Comment / Mining, Russia / best time

The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS Mining’s Vasily Girya. Even with the recent restrictions, Girya states that the entrance of new, larger economic groups will invigorate the Russian mining ecosystem. Despite Current Headwinds, Russia May Rise as Second Bitcoin

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De-Dollarization Hits Critical Mass With Russia-Belarus Near-Complete Currency Transition

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

De-dollarization accelerates as Russia and Belarus abandon the U.S. dollar in 98.8% of trade, unleashing profound economic realignments that challenge Western financial supremacy and fuel global volatility. Russia and Belarus Complete Stunning 98.8% Shift to National Currencies in Trade The global trend toward de-dollarization has been gaining momentum as countries seek to reduce reliance on

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Putin and XI to Kickstart Global South BRICS Investment Platform

Leave a Comment / brics, china, Economics, Russia / best time

Vladimir Putin and Xi Jinping are discussing launching a platform that will offer investment initiatives under a BRICS-Global South inclusive banner, which will be detailed next month. Putin and Xi: BRICS to Unveil Global South Inclusive Investment Platform Vladimir Putin and Xi Jinping, leaders of two of the world’s largest countries, are developing a platform

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Russia’s Digital Ruble Marches Toward 2026 Mass Adoption

Leave a Comment / CBDC, digital currency, Regulation, Russia / best time

Russia’s digital ruble is poised for explosive mass adoption by 2026, as expanded pilots, surging participation, and robust infrastructure lay the foundation for a sweeping financial transformation. Digital Ruble Set to Reshape Russia’s Economy With Full Rollout Slated for 2026 Russia’s central bank digital currency (CBDC), the digital ruble, is advancing toward becoming a key

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Russian Power Firm Launches Bitcoin Mining Mutual Investment Fund

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

A Russian power firm has launched the nation’s first bitcoin mining-related closed-end mutual investment fund (CEF). The Russian newspaper Vedomosti reported that the fund is called Crypto Factory. It is the brainchild of the Penza-based gas power unit provider Power Systems and the financial management firm Finam. Only qualified investors will be allowed access to

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Russian Authorities Discover 30,000sqm Illegal Crypto Mining Farm in Industrial Plant

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

Russian prosecutors say they have shut down a 30,000 sqm crypto mining farm illegally operating in an industrial plant located on state-owned property. Per a Telegram post from the official account of the Krasnoyarsk Krai Prosecutor’s Office, the “open-air” facility was located in the town of Nazarovo, some 240 km west of Krasnoyarsk, in Central

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Moscow Exchange Launches Landmark Bitcoin Index

Leave a Comment / Exchange, Exchanges, Russia / best time

The Moscow Exchange has launched a bitcoin index, bolstering crypto offerings and potentially opening new financial instruments. Moscow Exchange Strengthens Crypto Offerings With New Bitcoin Index The Moscow Exchange (MOEX) is taking a significant step into the cryptocurrency market with the launch of its new MOEX Derivatives Market Bitcoin Index (MOEXBTC). This initiative marks a

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Russia Set to Fine, Confiscate Coins from Illegal Crypto Miners

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

Illegal crypto miners operating in Russia could lose their coins and face heavy fines under new rules formulated by the nation’s Ministry of Digital Development, Communications, and Mass Media. Per a report from Forbes Russia, the ministry says its proposal is currently undergoing interdepartmental review. However, if the plans are adopted as-is, Russian law agencies

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Russian crypto CEO charged in 0M laundering scheme tied to US sanctions

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions

Leave a Comment / Crime, Russia, Stablecoins, USA / best time

Evita Pay used USDT to funnel cross-border payments. Clients included Sberbank, VTB Bank, Sovcombank, and Rosatom. 22-count indictment includes money laundering, wire fraud. In a sweeping indictment that highlights growing enforcement around sanctions evasion and crypto misuse, US federal prosecutors have charged Russian national Iurii Gugnin with running a sophisticated cross-border fraud and money laundering

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