Russian banks tap Bitcoin services abroad while the government at home sees no future for private cryptos.
The Russian Federation is a country in Eurasia. Russia's government maintains a mixed stance on Bitcoin, at several points proposing legislation to ban it outright, and then retracting those statements. Still, Russia enjoys a fair bit of Bitcoin mining, trading, and other business, even if a lot of it is done underground.
13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors.3514
Russia is purportedly taking a fast-second strategy for the digital ruble.6910
The parliament member claimed that there are no anti-blockchain voices in the Russian government5096
The move reverses a 2018 decision that officials did not have to declare crypto holdings.3597
Crypto seems to be nearly as popular as gold among Russian investors.4833
Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining.15169
Talk of CBDCs and Facebook's Libra headlined this week's policy news, as international organizations weigh in on both.10894
The first pilots of Russia’s digital currency are expected to launch in H1 2021.3805
Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors.4430
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”7365
LocalBitcoins’ website has been blacklisted in one of its key markets.2891
The former owner of a Russian bank seems to be pivoting to the decentralized space.10804
The website of the Binance exchange is still available without additional access tools, platform says crypto funds are safe.9667
To ban crypto or to tax, that seems to be the question.3718