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It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two…
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined…
Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies,…
Following yesterday’s rally in crypto, prices consolidated on Wednesday, as markets were once again fearful of escalating tensions between Russia and Ukraine. The uncertainty came as NATO reported that Russia…
Bank of Russia governor Elvira Nabiullina previously argued that banning Bitcoin in Russia was “quite doable."
The growing popularity of cryptocurrencies has placed Russia among the leaders in adoption. But while it is yet to reach the top of the ranking, the country already has a…
Following four consecutive sessions of declines, bitcoin rallied late on Monday, into Tuesday, as it was reported that Russia was withdrawing some troops from the Ukrainian border. Overall, crypto markets…
The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits.