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Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s…

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Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown

After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,”…

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Moscow Not Planning to Ban Russians From Buying Crypto Abroad

Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will…

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Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals

Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes…

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Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister

Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin.

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