Authorities in Russia are set to recognize digital assets as a form of currency, according to local news reports. Russian newspaper Kommersant reported this morning, and later tweeted, that the government and …
MoreTag: Russia
Ukraine is using Bitcoin (BTC) to ‘crowdfund war’ with Russia
As tensions on Ukraine’s border continue to mount, Ukrainian non-governmental organizations (NGOs) are seeing a sharp rise in Bitcoin donations, according to a new report by blockchain analytics company Elliptic. These aren’t …
More
The Russian government will introduce strategies for crypto regulation by February 11
The Russian government, which is having an ongoing discussion on the future of decentralized digital currency in Russia, is expected to produce alternative scenarios for crypto regulation by February 11. …
More
Russia’s Chamber of Commerce asks crypto mining to be recognized as a business
Russia’s Chamber of Commerce has recommended to the government that it should legalize crypto mining and recognize it as a business. Russian media outlets reported that the Head of the Russian Chamber …
More
Former Russian president Dmitry Medvedev says Russia’s cryptocurrency ban would lead to ‘opposite result’
Russia’s central bank proposal to outlaw several cryptocurrency-related activities continues to elicit reactions with the country’s former president Dmitry Medvedev being the latest leader to raise concerns. Medvedev believes that …
More
Putin: “The volatile nature of crypto poses risks to investors, but digital asset mining could be beneficial to Russia”
The President of the Russian Federation – Vladimir Putin – agreed with the country’s central bank that digital assets are highly volatile and pose several risks to the financial network. …
More
Russia’s largest bank, Sberbank, launched the country’s first blockchain-focused ETF
On Thursday, December 30, Russia’s largest bank, Sberbank, launched the country’s first blockchain exchange-traded fund. In particular, the fund is called the Sberbank Blockchain Economy ETF, and it trades on …
More
Russia aims to replace US dollar reserves with digital assets in long term
As Russia continues pushing de-dollarization, the Ministry of Foreign Affairs (MFA Russia) is reportedly considering replacing the United States dollar with not only traditional fiat currencies but also digital currencies. …
More
Vladimir Putin: ‘Cryptocurrency could possibly serve role as settlement unit’
Vladimir Putin offered an undecided take on cryptocurrencies at the Russian Energy Week conference in Moscow. The Russian President said that cryptocurrencies could find use as a settlement unit, but …
More
Vladimir Putin on crypto and Bitcoin: “It’s still early”
The 69 year old president of Russia’s Federation, Vladimir Putin, said it is too early to talk about the use of bitcoin or crypto in payments for commodity contracts. Asked …
More