The exchange was previously known as BTC-e, though its name was changed to WEX following legal difficulties in 2017.
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.
As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried.3033
The Russian central bank is planning to slow down payments to crypto exchanges and combat suspicious crypto activity.3849
Countries vie for cryptocurrency miner business as Chinese miners move to greener pastures. Here's where they are ending up.21781
Russia is moving to regulate cryptocurrency mining after legitimizing the broader crypto industry in January.5652
Da Vinci’s artwork has received the highest bid at 150,500 BUSD in the Hermitage’s first NFT auction on Binance.6029
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system.6558
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.4187
Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said.3908
The 34-year-old convict was reportedly unable to make use of the stolen mining equipment due to a “lack of relevant knowledge.”2908
The Bank of Russia has expressed concerns over the increasing number of local investors pouring their money into Bitcoin.4285
A Russian company indirectly backed by Russia's largest bank will build a crypto tracking platform as part of a $200,000 procurement contract.4713
According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades.6162
A new project in Russia aims to enable secure storage of inherited digital possessions like Bitcoin using a cloud-based service of state-owned Sberbank.2832
A new survey of 3,000 Russians suggested that most people strongly disagree with receiving salary payouts in a state-controlled digital currency.1657