Russia

Highlights: Russian police seized mining rigs in St Petersburg after uncovering years of illegal power manipulation. Authorities in Russia and Abu Dhabi tighten rules to stop crypto mining abuse and electricity theft on farms. Crypto mining rigs now face stricter […]

Highlights: Britain targets Kyrgyz crypto networks tied to Russia’s military supply chain. The A7A5 stablecoin transferred over $9.3 billion in four months to evade sanctions. The sanctions issued by the UK come after similar steps by the US government. The […]

Highlights: Russia has launched a national registry to track crypto-mining equipment and reduce illegal electricity use. Only 30% of miners have registered as the government works to bring the rest into legal compliance. Authorities shut down illegal mining farms hidden […]

Highlights: Rostec has introduced a stablecoin, RUBx, pegged to the Russian ruble, and a payment platform, RT-Pay. RUBx is built on the Tron blockchain and verified by CertiK. The platform supports digital payments and integrates with Russia’s banking system. Rostec, […]

Highlights: Moscow Exchange has introduced Bitcoin futures that can only be acquired and settled in rubles by qualified investors. Only high-cap investors with over 100 million rubles can trade Bitcoin futures. Sberbank plans to launch its own Bitcoin futures for […]

Highlights: Russia allows qualified investors to trade crypto-tied products under strict rules and legal oversight. Sberbank and top exchanges plan to offer crypto derivatives with cash-settled futures and structured bonds. New crypto rules follow wallet freezes and aim to build […]

Highlights: Russia’s Finance Ministry and central bank prepare a crypto exchange for qualified investors The new exchange seeks to integrate Russia into the global crypto market.  The state-backed platform will bypass sanctions and is set to launch in six months. […]

Highlights: Osman Kabaloev suggests Russia should create its stablecoins, tied to alternative currencies. EU sanctions Garantex after its links to banned Russian banks and illicit activities. Ruble-backed token could reduce reliance on dollar-pegged stablecoins for Russian trade. Deputy director at […]

Highlights: ETE Group asked Russia’s prime minister to allow crypto use in cross-border business payments. Sanctions have caused long payment delays between Russia and its trade partners. More Russian firms now explore crypto as a payment method due to growing […]

Highlights: Russian companies are using cryptocurrencies including Bitcoin, and Ethereum to facilitate oil trade. Russia’s oil trade relies on middlemen managing crypto payments to avoid using the dollar. Despite restrictions, China remains a top Bitcoin miner, raising questions about its […]

Highlights: Russia will allow some investors to trade crypto in a three-year trial with strict rules. The central bank bans crypto payments and limits trading to approved financial products. The trial may change future crypto rules and affect investment options. […]

Highlights: Tether has frozen USDT belonging to Garantex and has caused the exchange to halt operations. The EU sanctioned Garantex due to its links to Russian banks that have already been sanctioned. Analysts predict that more restrictions may be imposed […]