Russia News

Russian Agricultural Bank Eyes Cryptocurrency for Grain Trade Payments

The Russian Agricultural Bank and the Bank of Russia are examining ways to use cryptocurrency for grain payments. The plan was discussed at the Russian...

Telegram Crypto Project Blum Co-Founder Vladimir Smerkis Arrested

The Zamoskvoretsky District Court approved holding Smerkis in custody during the investigation. Smerkis is linked to investor losses related to The Token Fund...

Russia Eyes Ruble Stablecoin with 7 Key Criteria, Faces Regulations

Mendeleev suggested a Russian stablecoin should follow DAI's overcollateralization model while remaining compliant with Russian regulations. Despite technical feasibility, Mendeleev expressed skepticism about...

Russia Mulls Stablecoin for Trade as Tether Freezes Funds

Russia's Finance Ministry official proposes creating a national stablecoin for international trade amid sanctions.Russia seeks alternatives after Tether froze $28.5 million linked to sanctioned...

Russia Mulls Own Stablecoin After Tether Freezes Garantex Wallets

Russian finance ministry official calls for development of domestic stablecoin following Tether's freezing of $27 million linked to sanctioned exchange Garantex.US Department of Justice...

Russia Faces Energy Crisis, May Import Electricity from China

Russia faces severe energy shortages caused by the Ukraine war, Western sanctions, and cryptocurrency mining demand, transforming it from an energy exporter to a...

Russia Proposes Cryptocurrency Fund Using Seized Assets to Boost Financial Strategy

Russia proposes creating a cryptocurrency fund utilizing confiscated digital assets to improve efficiency in managing seized funds. The initiative aligns with growing global...

Russia Uses Bitcoin to Bypass Sanctions in Trade with China and India

Russia is using cryptocurrencies to facilitate trade with China and India, circumventing international sanctions imposed following its invasion of Ukraine.The Bank of Russia is...

Latest news

Theta Network Launches EdgeCloud Beta, Unveils Hybrid GPU Platform

THETA Network is launching the beta version of EdgeCloud’s hybrid edge-cloud computing platform on June 25, 2025. EdgeCloud connects community-run...

Australian Police Crack Down on Crypto ATM Scams, Contact 90 Users

Australian police contacted over 90 people linked to suspected criminal use of crypto ATMs.Victims lost more than $2 million...

Colorado Pastor Faces Judgment Over “Divine Wealth” Crypto Scam

A Colorado pastor and his wife are facing civil allegations of securities fraud for promoting a religious-themed cryptocurrency. State regulators...

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