Russia

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

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

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

Russian Power Engineers Develop New Solutions to Hunt Illegal Crypto Miners

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

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

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

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

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

Dedollarization Accelerates: Russian Official Details BRICS Currency Shift

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

Russian AML Agency Wants to Criminalize Illegal Crypto Mining

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

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

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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