Key Takeaways The Central Bank of Russia has proposed allowing a restricted group of investors to trade crypto under a three-year experimental framework. The initiative, which has now been submitted to the government for review, seeks to introduce regulated access…
Key Takeaways Tether, the issuer of the world’s largest stablecoin, USDT, has frozen $27 million in assets linked to the Russian cryptocurrency exchange Garantex, which had been sanctioned by the European Union. This move has forced Garantex to suspend operations,…
Key Takeaways The Russian government has confiscated more than $10 million worth of Bitcoin from a former law enforcement official, marking the country’s largest bribery case involving crypto. The seized amount of 1,032.1 BTC belonged to Marat Tambiev, a former…
Key Takeaways Russia has announced a regional ban on crypto mining, set to commence on January 1, 2025. The ban, which will last for six years until March 15, 2031, was introduced as part of legislation signed by President Vladimir…
Key Takeaways Stanislav Moiseev, the founder of the darknet marketplace and crypto mixing service Hydra, has been sentenced to life in prison by a Moscow court for his role in operating one of the most extensive illegal online markets. The…
Key Takeaways Russia’s Federation Council has passed a significant new bill that outlines a taxation framework for digital currencies, following a similar approval in the State Duma. The law imposes a 13%–15% personal income tax on crypto sales. As per…
Key Takeaways In a significant move towards modernizing its financial landscape, Russian President Vladimir Putin has signed the digital ruble bill into law. The enactment grants legal authority to the country’s central bank, the Bank of Russia, to issue its…
Can’t find what you’re looking for? Type below and hit enter!
