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...

Latest news

Gate Launches Ethereum-Compatible Layer 2, Revamps GT Token

Gate has introduced Gate Layer, a new Layer 2 blockchain to raise transaction speeds and lower fees. Gate Layer is...

FalconX Launches First Forward Rate Contracts for Ethereum Staking

FalconX completed the first forward rate agreements based on the Treehouse Ethereum Staking Rate. The new products allow institutional investors...

Oracle to Operate TikTok US Algorithm as Takeover Deal Nears Completion

A potential agreement is nearing that would move control of TikTok’s U.S. operations to an American-led group.Oracle Corp (ORCL)...

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