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.

 

News
Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin.
Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister
Turner Wright
2021-10-12T22:25:00+01:00
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News
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases.
Russia aims to limit crypto purchases by non-accredited investors
Helen Partz
2021-10-07T09:35:10+01:00
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News
The exchange was previously known as BTC-e, though its name was changed to WEX following legal difficulties in 2017.
Former chief of Russia's Wex crypto exchange arrested in Poland
Tom Farren
2021-09-17T18:46:04+01:00
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News
As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried.
Data center operators have ‘no problem’ with new Russian crypto crackdown
Helen Partz
2021-09-16T09:45:23+01:00
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News
The Russian central bank is planning to slow down payments to crypto exchanges and combat suspicious crypto activity.
Bank of Russia wants to block ‘emotional’ and suspicious crypto activity
Helen Partz
2021-09-15T13:48:05+01:00
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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
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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
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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
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