Russia targets unregistered crypto miners with new criminal penalties

In recent developments, russia’s justice ministry proposed fines and prison for illegal crypto mining, as officials say most miners still haven’t joined the tax register. Looking closer, market participants highlight…

Bitcoin tops $90,000, Oil rises as Russia-Ukraine peace hopes falter

In recent developments, russia and Ukraine conducted attacks on key energy infrastructure, affecting peace deal prospects despite ongoing diplomatic efforts. Looking closer, market participants highlight key drivers such as liquidity…

Russia’s central bank signals shift toward retail crypto access

In recent developments, russia’s central bank has submitted draft that would allow non-qualified investors to purchase crypto, but only under strict conditions. Looking closer, market participants highlight key drivers such…

Central Bank of Russia Acknowledges Bitcoin Mining as a Ruble Strengthening A…

In recent developments, the Central Bank of Russia recently referred to the properties of bitcoin mining and how it could help strengthen the Russian ruble. Elvira Nabiullina, head of the…

Belarus blocks ByBit, Bitget, OKX as Russia clamps down on crypto gray area

In recent developments, belarus blocked major crypto exchange domains the same day Russia signaled it may ease regulated crypto access requirements while clamping down on the gray market. Looking closer,…

Russian Gold Reserves Surge to 42.3% of International Portfolio

In recent developments, according to the Central Bank of Russia’s figures, Russia now holds over $310 billion in gold, a record for the nation’s reserves. As of December, gold comprises…

Russia mulls relaxing crypto rules to blunt impact of Western sanctions

In recent developments, russia’s central bank is considering scrapping its strict requirements for crypto transactions as sanctions make it hard for Russians to transact internationally. Looking closer, market participants highlight…

Digital Ruble Push: Bank of Russia Reinforces That Crypto Can’t Be Used for…

In recent developments, while Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the…