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...

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CRYPTO MINING FIRM Offers Daily Cloud Mining Profits, Cash Bonuses

Cloud mining through CRYPTO MINING FIRM enables users to generate Passive income with cryptocurrencies.The platform offers contracts with varying...

DHS and ICE Expand AI Surveillance, Raising Privacy Concerns

The Department of Homeland Security and U.S. Immigration and Customs Enforcement are increasing their use of Artificial Intelligence to...

Crypto Exchanges Rush to IPO as Regulation and Market Boom Align

Crypto firms are becoming more like traditional financial companies with structured governance and audited financials.Circle raised $1.1 billion during...

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