Russia houses $200B worth of crypto, Kremlin estimates
According to data from TASS news services, Russians owned nearly 5 trillion rubles worth of cryptocurrencies by December 2021.
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Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation.…
Putin Warns Cryptocurrencies Carry Risks, Admits They May Have Future
Russian President Vladimir Putin has again spoken about cryptocurrencies, noting the “high risks” associated with the virtual assets. However, the Russian leader has also acknowledged that digital currencies may have…
Putin’s internet ombudsman pessimistic about crypto regulation
“No one is looking to allow Russian people to earn money with crypto operations,” the official claimed.
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…
Too early to talk about using crypto for oil trading, says Putin
The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a…
Russia not ready to accept Bitcoin as legal tender, says Kremlin
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system.
Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets
President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part…
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