Russia

UK Crime Network, Worth Billions, Used Crypto to Funnel Drug Cash to Russia

A billion-pound money-laundering network operating across 28 towns and cities in the UK has been converting proceeds from drug trafficking,…

3 months ago

Russia’s military-industrial powerhouse Rostec to launch ruble-backed token on Tron

Rostec, Russia’s military-industrial behemoth, is set to roll out a ruble-backed stablecoin and a digital payment platform by the end…

8 months ago

Russia to Launch Crypto Exchange for Top Investors

Russia’s finance ministry and central bank are teaming up to launch a new crypto exchange, but it won’t be available…

11 months ago

Russia Using Crypto in Oil Trade with China and India to Skirt Western Sanctions

Russia is using cryptocurrencies to facilitate a small but growing part of its oil trade with China and India to…

12 months ago

Russia Bans Crypto Mining in 10 Regions Within the Country

While people’s interest in crypto is increasing ever, Russia has decided to ban the mining activity in 10 regions across…

1 year ago

Putin Signs Bill Recognizing Bitcoin as Property in Russia

Russia has made a significant move in the crypto world by officially recognizing Bitcoin and other digital currencies as property…

1 year ago

Russia Proposes 15% Tax on Crypto Income to Regulate Sector

Russia is taking steps to regulate its growing cryptocy sector by proposing a 15% tax on earnings from crypto transactions.…

1 year ago

BRICS Members Hoping to Develop a Digital “BRICS Pay” Cryptocy International Trade System

With the upcoming annual BRICS Summit in Kazan next week, speculation about a potential gold-backed digital cy and alternative payment system…

1 year ago

Russia Passes Bill to Legalize Crypto to Dodge International Sanctions

Russian lawmakers voted to legalize cryptocurrencies for international settlements in an apparent effort to dodge sanctions imposed by Western countries.…

2 years ago