Russia’s finance ministry and central bank are teaming up to launch a new crypto exchange, but it won’t be available …
Latest in Russia
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Global Adoption
Russia Using Crypto in Oil Trade with China and India to Skirt Western Sanctions
by Terron Goldby Terron GoldRussia is using cryptocurrencies to facilitate a small but growing part of its oil trade with China and India to …
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Global Adoption
Russia Bans Crypto Mining in 10 Regions Within the Country
by Terron Goldby Terron GoldWhile people’s interest in crypto is increasing ever, Russia has decided to ban the mining activity in 10 regions across …
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Global Adoption
Putin Signs Bill Recognizing Bitcoin as Property in Russia
by Terron Goldby Terron GoldRussia has made a significant move in the crypto world by officially recognizing Bitcoin and other digital currencies as property …
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Global Adoption
Russia Proposes 15% Tax on Crypto Income to Regulate Sector
by Terron Goldby Terron GoldRussia is taking steps to regulate its growing cryptocurrency sector by proposing a 15% tax on earnings from crypto transactions. …
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Global Adoption
BRICS Members Hoping to Develop a Digital “BRICS Pay” Cryptocurrency International Trade System
by Terron Goldby Terron GoldWith the upcoming annual BRICS Summit in Kazan next week, speculation about a potential gold-backed digital currency and alternative payment system …
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Global Adoption
Russia Passes Bill to Legalize Crypto to Dodge International Sanctions
by Terron Goldby Terron GoldRussian lawmakers voted to legalize cryptocurrencies for international settlements in an apparent effort to dodge sanctions imposed by Western countries. …
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U.S. Regulation
U.S. Treasury Official Targets Tether USDT Stablecoin in Russian Sanction Evasion
by Terron Goldby Terron GoldUS Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written …
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Global Adoption
BRICS Group Collaborates on Independent Payment System Using Blockchain and Digital Currency
by Terron Goldby Terron GoldBRICS member Russia announced the creation of a new blockchain-based payment system on March 5th. The blockchain and cryptocurrency-based payment …
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