Russia News

Bank of Russia Rules Out Cryptocurrency Investments, Cites Risks

The Bank of Russia will not invest in cryptocurrencies.The central bank sees cryptocurrencies as risky and unstable.Governor Elvira Nabiullina confirmed the stance at a...

Russia Delays Digital Ruble Launch to September 2026 After Pushback

The Bank of Russia has proposed delaying its digital ruble rollout to September 1, 2026.The launch date affects the largest banks and retailers first,...

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...

Latest news

GameStop Transfers 4,710 BTC to Coinbase Prime; May Sell Now

GameStop moved its entire Bitcoin holding of 4,710 BTC to Coinbase Prime.CryptoQuant flagged the transfer and asked, "GameStop throws...

SEC Drops Gemini Suit After $40M Push to Restore Earn Today!

SEC civil suit against Gemini Trust Company and Genesis Global Capital dismissed with prejudice after a joint stipulation was...

DeFi surge, three hacks and MEV bot returns majority funds!!

Three separate DeFi attacks this week drained millions and prompted on-chain recovery efforts.Makina reported a bot and a validator...

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