Russia News

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...

Russia Turns to Cryptocurrencies to Evade Western Sanctions in Oil Trade

Russia's oil companies are increasingly using cryptocurrencies like Bitcoin, Ether, and Tether to facilitate trade with China and India, circumventing Western sanctions.The crypto-enabled oil...

Russia’s Central Bank Proposes Crypto Trading for Wealthy Investors in 3-Year Test

Russia's central bank proposes regulations allowing wealthy individuals with at least 100 million rubles (~$11.5 million) in investments to trade cryptocurrencies during a three-year...

Russia Delays Digital Ruble Launch Following Bank Resistance

Russia's central bank delays digital ruble CBDC launch beyond initial July 2025 target following resistance from major banks and merchants Implementation costs and potential deposit...

Crypto Exchange BTC-e’s Vinnik Returns to Russia in US Prisoner Exchange Deal

Alexander Vinnik returned to Moscow via prisoner exchange with the United States. The swap involved American teacher Marc Fogel, who was detained in Russia since...

Latest news

ZachXBT: Axiom Employees Abused Data for Insider Trading

Crypto detective ZachXBT exposed an alleged insider trading ring within crypto exchange Axiom, where employees abused data tools to...

New DoH Backdoor Targets US Education & Healthcare

A new cyber-espionage campaign, UAT-10027, is actively targeting U.S. education and healthcare organizations.The attackers deploy a previously unseen backdoor...

BlackRock ETF Adds $297M in Bitcoin Amid Market Slump

BlackRock's iShares Bitcoin Trust (IBIT) saw its highest single-day inflow since February 9, with $297.4 million on February 25,...

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