Russia


Policy

Bank of Russia Chair: Digital Ruble Is No Threat to Banks

Russian banks are concerned the digital ruble might hurt their business, but the Bank of Russia is nonchalant

Elvira Nabiullina, chair of the Bank of Russia

Policy

Bitcoin Scam Using Unauthorized Celebrity Images in Ads Traced to Moscow: Report

A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.

Moscow, Russia

Policy

Putin Orders Russia's Public Officials to Report Crypto Holdings

Russian civil servants must start reporting their crypto assets as the country's first crypto law comes into force in January.

Vladimir Putin

Markets

Russia's Crypto Community Fears Digital Ruble Plan Means 'Back to USSR'

A Russian cryptocurrency and blockchain association warns the Bank of Russia against centralizing the digital ruble.

Bank of Russia

Policy

Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them.

Russian Central Bank Chairman Elvira Nabiullina

Policy

Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal

Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

russia central bank

Policy

Russian Prime Minister Pledges to 'Civilize' Crypto Market and Prevent Scams

Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.

Russian Prime Minister Mikhail Mishustin

Markets

Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire

A poorly managed mining farm in St. Petersburg, Russia, set an apartment on fire and injured the operator, according to a report.

Bitcoin ASIC miner (CoinDesk Archives)

Policy

Russian Ministry Moves to Soften Requirements for Crypto Tax Reporting

Russia's Ministry of Finance has proposed legal amendments that would relax planned tax requirements for crypto holders, if passed.

Russian government building

Finance

Russian Hydropower Giant Opens Bitcoin Mining Farm

En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia.

Bratsk hydropower plant owned by En+