A Russian lawmaker has proposed creating a strategic Bitcoin reserve similar to traditional currency reserves. The proposal aims to protect Russia’s economy from sanctions, inflation, and currency ...
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Sberbank tests DeFi products as Russia inches toward crypto banking
Russia’s largest bank, Sberbank, has begun testing decentralized finance (DeFi) products. The bank’s deputy chair of the ...
MOSCOW (Reuters) - Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western ...
Russia's central bank continues its crypto payments ban, permitting crypto assets solely for investment, not as legal tender.
Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters ...
Sberbank, Russia’s largest lender, plans to offer custody services for cryptocurrency assets, aiming to lead the country’s digital asset infrastructure as demand for bitcoin and crypto services grows.
Russia's recent move to establish its own cryptocurrency exchanges is making waves in the financial world. George Tung, Host of CryptosRUs, explains that this decision, motivated by Russia's ...
A report published on February 21 indicated that Russia's Bitcoin mining sector expanded by 7% in 2024, with mining farms reaching a total of 136,600 units. Despite this expansion, the sector ...
Russia’s finance minister has revealed domestic companies are already using bitcoin and other digital currencies as a mechanism for international payments. The admission comes after the country issued ...
The Bank of Russia will reportedly permit domestic banks to engage in limited crypto activities under strict oversight. The Bank of Russia will reportedly allow domestic banks to conduct limited ...
Can one be a staunch crypto backer and a supporter of U.S. dollar supremacy? That stance could become a dilemma for President-elect Donald Trump, who has touted both goals for his next administration.
Anna Baydakova, Senior Reporter at CoinDesk joins us to talk about Russia's complex relationship with Bitcoin. From Putin's surprising embrace of crypto mining to the grey market of mining rig ...
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