Russia News

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...

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...

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Crypto Gaming’s “Tap to Earn” Trend Explodes Amid Solana Game Pass Launch

Solana Game Pass launches with 30 partnered games and over 33,000 mints, offering rewards and early access to upcoming...

Bitcoin Mining Revenue Hits Five-Year Low Despite $84K BTC Price

Bitcoin mining hashprice has fallen to $44.00 per petahash, approaching a five-year low despite BTC trading near $84,000.Miners face...

Buterin Proposes RISC-V to Replace EVM for Faster Ethereum Network

Ethereum co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) with RISC-V architecture to improve network efficiency.The...

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