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Russia News

Russia is the globe’s most sizable country in terms of land. On a map, Russia sits above Kazakhstan, Mongolia and China. Russia dwarfs China in geographic coverage, but not in terms of population — although Russia still lies among the globe’s most populous countries. The country is also known as the Russian Federation. The ruble serves as Russia’s national currency.

When it comes to Russia, cryptocurrency is still developing as a scene as the country evaluates its regulatory stance on various aspects of the asset class. In Russia, Bitcoin and other crypto assets are not an acceptable form of payment under the country’s regulatory climate, however. Owning cryptocurrency is also prohibited for folks working in certain government positions.

 

Analysis
Countries vie for cryptocurrency miner business as Chinese miners move to greener pastures. Here's where they are ending up.
Finding a new home: Bitcoin miners settling down after China exodus
Elena Perez
2021-09-12T08:21:00+01:00
22219
News
Russia is moving to regulate cryptocurrency mining after legitimizing the broader crypto industry in January.
Russian Duma wants to regulate crypto mining as business
Helen Partz
2021-09-09T09:09:17+01:00
5852
News
Da Vinci’s artwork has received the highest bid at 150,500 BUSD in the Hermitage’s first NFT auction on Binance.
Russian State Hermitage raises $440K via Binance NFT auction
Helen Partz
2021-09-07T15:30:00+01:00
6380
News
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system.
Russia not ready to accept Bitcoin as legal tender, says Kremlin
Helen Partz
2021-09-07T12:40:51+01:00
6867
News
As the largest banking and financial institution in Russia and one of the world’s biggest public companies, Sber’s move into digital assets is a significant one...
Russian Sberbank plans to register its digital asset tool in September
Helen Partz
2021-09-02T13:15:16+01:00
4261
News
Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said.
Survey finds 77% of Russian investors prefer Bitcoin to gold and forex
Helen Partz
2021-09-01T11:17:59+01:00
4089
News
The 34-year-old convict was reportedly unable to make use of the stolen mining equipment due to a “lack of relevant knowledge.”
Russian man gets three-year sentence for stealing a friend’s mining rig
Arijit Sarkar
2021-08-30T08:58:07+01:00
2965
News
The Bank of Russia has expressed concerns over the increasing number of local investors pouring their money into Bitcoin.
Buying Bitcoin is like entering a minefield, Bank of Russia exec says
Helen Partz
2021-08-12T11:12:20+01:00
4314

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