Bank of Russia's Proposal for Limited Crypto Investment
The central bank aims to create guidelines for crypto services while opening new investment channels for high-net-worth individuals.
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The central bank aims to create guidelines for crypto services while opening new investment channels for high-net-worth individuals.
A recent ceasefire agreement between Ukraine and Russia has positively influenced financial markets, leading Bitcoin to reclaim the $83,000 mark.
The seizure of Garantex, a Russian cryptocurrency exchange, raises questions about the future of unregulated crypto platforms as authorities ramp up efforts against illegal trades.
Tether has suspended $28 million USDT on the Russian exchange Garantex, which is under EU sanctions due to its ties with the Russian government.
The Russian Finance Ministry is not including cryptocurrencies in its strategic reserves due to volatility concerns but may reconsider in the future.
At the upcoming BRICS summit, Vladimir Putin warns that a new Central Bank Digital Currency (CBDC) could undermine the US dollar's dominance in global trade.
Telegram's operating revenue soared by 65% in the first half of 2025 despite facing financial strains from Toncoin and frozen bonds.
In response to energy consumption issues, Russia has introduced a six-year prohibition on cryptocurrency mining in ten selected regions, with potential adjustments based on energy demand.
A Russian lawmaker suggests establishing a bitcoin reserve to enhance financial stability amidst sanctions.
The European Union has enacted its 19th sanctions package, targeting Russian cryptocurrency exchanges and the A7A5 stablecoin as part of broader measures against financial evasion.
A recent report from Chainalysis reveals that Russia has surpassed other European countries in cryptocurrency adoption, driven by a surge in large transfers and decentralized finance.
The rise in crypto received by illicit addresses reflects the impacts of sanctions imposed on various entities globally, with significant transactions reported.
The Central Bank of Russia has introduced draft regulations to permit retail investors to engage in cryptocurrency trading under specific conditions.
In response to international sanctions, Russia's central bank is exploring the possibility of relaxing its stringent rules on cryptocurrency transactions.
Chainalysis reveals Russia's position as the top European nation for cryptocurrency adoption due to significant growth in decentralized finance and large-value transactions.

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