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The Bank of Russia Continues to Test Digital Ruble Payments. Could It Help Circumvent Western Sanctions?
Apr 26, 2022 at 11:38
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The Bank of Russia Continues to Test Digital Ruble Payments. Could It Help Circumvent Western Sanctions?
The Bank of Russia is continuing to test the Digital Ruble payment system and plans to involve more banks into the program in 2023.
Sanctions Force Russia into Accepting Cryptocurrencies as Payment for Oil and Gas
Mar 31, 2022 at 12:15
News
Sanctions Force Russia into Accepting Cryptocurrencies as Payment for Oil and Gas
The numerous sanctions imposed on Russia as a result of the invasion of Ukraine have caused further trade losses for the country.
Cryptocurrency Will Not Save the Russian Economy, if the Government does not Change its Stance
Mar 18, 2022 at 10:11
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Cryptocurrency Will Not Save the Russian Economy, if the Government does not Change its Stance
Russia is facing tough restrictions that could push the country into complete economic isolation. In such a situation, it is only natural to look for alternatives that will help circumvent the restrictions and maintain international relations.
Top 5 Countries with the Biggest Interest in Cryptocurrency
Feb 06, 2022 at 09:10
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Top 5 Countries with the Biggest Interest in Cryptocurrency
The cryptocurrency industry is attracting more and more attention as the global population becomes more sophisticated. Different countries have different attitudes towards this emerging technology. While some of them are friendly, others remain reluctant. However, this does not stop people from taking an interest in digital assets.
Russian Central Bank Develops a Mechanism of Controlling Transactions of the Citizens; Crypto Community is Alerted
Dec 27, 2021 at 10:33
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Russian Central Bank Develops a Mechanism of Controlling Transactions of the Citizens; Crypto Community is Alerted
The Russian Central Bank is developing a new set of rules that would require credit organizations and payment service providers to report details of all monetary transactions. This will put pressure on cryptocurrency holders in the country.
Russian Citizens Lost $30,000 to Cryptocurrency Scammers
Dec 16, 2021 at 12:30
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Russian Citizens Lost $30,000 to Cryptocurrency Scammers
The growing popularity of mining cryptocurrencies is prompting people to join this burgeoning industry. On the other hand, such users can also easily fall victim to scammers.
Russian Cryptocurrency Miners Will be Subject to Increased Electricity Prices Even if They Work from Home
Dec 01, 2021 at 11:45
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Russian Cryptocurrency Miners Will be Subject to Increased Electricity Prices Even if They Work from Home
The Russian Energy Ministry confirms that mining cryptocurrencies is not part of daily needs. Therefore, there is no way for miners to benefit from residential electricity rates.
Not the Leader Anymore: Cryptocurrency Miners Flee Kazakhstan due to the Lack of Energy
Nov 25, 2021 at 11:50
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Not the Leader Anymore: Cryptocurrency Miners Flee Kazakhstan due to the Lack of Energy
Kazakhstan does not have enough energy capacity to meet the needs of the crypto mining industry. For this reason, many of them are fleeing to Russia and the US.
Russia is Going to Drag Cryptocurrency Miners out of Shadows, Starting from Irkutsk Region
Nov 23, 2021 at 12:40
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Russia is Going to Drag Cryptocurrency Miners out of Shadows, Starting from Irkutsk Region
The Russian State Duma is getting serious about dealing with illegal cryptocurrency mining. Its member Anton Gorelkin has proposed starting in the Irkutsk region.
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