Russia News

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...

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...

Latest news

Bitcoin Options Flash Fear Amid $66K Support Struggle

Professional traders are paying a 13% premium for downside protection on Bitcoin.Options data shows a sustained bearish bias, with...

Walmart Ticks Up on Beat, Shares Cautious Outlook

Walmart narrowly topped Q4 profit estimates but issued a more guarded forecast for 2026 and 2027.The retailer's first-quarter sales...

Warhammer Designer Compares AI to ‘Asbestos of Internet’

Prominent Games Workshop designer Jervis Johnson called generative AI "the asbestos of the internet," backing the company's official ban.In...

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