Russia

Russia is finally bringing cryptocurrency out of the grey zone, and the rules are stricter than many expected. The State Duma, Russia’s lower house of parliament, passed the first reading...

Bitcoin is drawing fresh attention from Russia after a reported survey found that a sizable share of investment-focused Russians plan to buy bitcoin and other digital assets once the country’s...

Russia has taken a major step to expand internet restrictions by blocking popular apps and removing VPN services from its App Store, while limiting mobile data access. The move aims...

The Russian Central Bank plans to allow banks and brokerage firms to run crypto exchanges under a simplified licensing procedure, placing traditional financial institutions at the center of the country’s...

The Central Bank of Russia has identified cryptocurrencies as a key tool for illegal financial activities. Specifically, the bank revealed that most illegal projects operating through social media used cryptocurrencies...

Vladimir Putin has signed a law granting Russian courts formal authority to seize cryptocurrencies in criminal investigations. The amendment to Russia’s Criminal Code and Criminal Procedure Code recognizes crypto assets...

During the Alfa Talk conference (organized by Alfa Bank, Russia’s largest private bank ), Deputy Finance Minister Ivan Chebeskov stated that daily crypto trading volume in Russia reached 50 billion...

Russia is preparing to formally regulate cryptocurrencies, moving them out of a legal gray area and into the country’s financial system. Authorities have confirmed that a phased regulatory framework will...

Russia is on the verge of adopting cryptocurrency into its mainstream financial sector.  According to reports, Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, stated that a...

Russia’s largest bank, Sberbank, is exploring the launch of loans backed by cryptocurrency. The proposed product would allow borrowers to take loans in Russian rubles while using cryptocurrency as collateral,...

Russia’s central bank has taken a decisive step toward formal cryptocurrency regulation, signaling a shift from uncertainty toward structured oversight. The Bank of Russia confirmed plans to complete a full...

Senior Russian lawmakers explicitly ruled out the possibility of legalizing Bitcoin or any cryptocurrency as a payment method today.  Despite the country’s growing role in crypto mining and cross-border trade,...

On December 4, VTB (Russia’s second-largest bank) announced its plans to allow clients to buy and sell cryptocurrencies directly through its brokerage accounts beginning in 2026. Previously, VTB and some...

Russian regulators are moving to scrap the controversial “Superqual” investor status. This classification currently restricts legal crypto trading to ultra-high-net-worth individuals. The Finance Ministry indicated it is now ready to...

US Senators Elizabeth Warren and Jack Reed have sent a letter to the US Department of Justice (DOJ) and the US Department of the Treasury asking for a federal investigation...

Russia’s Constitutional Court is set to pass its judgment on whether citizens have property rights over stablecoins like Tether’s USDT, the world’s largest stablecoin by market cap. The review stems...

U.S. President Donald Trump has signaled openness to a drastic new sanctions package. The proposed legislation targets countries that continue to trade with Russia. However, Trump stated he will only...

The European Union is preparing to ban the trading and use of A7A5, a Ruble-backed stablecoin with ties to Russia’s sanctioned Promsvyazbank (PSB). Effective November 25, the EU A7A5 stablecoin...

A senior advisor to Russian President Vladimir Putin has accused the United States of planning to use cryptocurrencies, especially dollar-backed stablecoins, to reset its national debt. Anton Kobyakov, who spoke...

Russia, which has been an important member in the cryptocurrency ecosystem, has proposed providing crypto trading to retailers. Talks are underway and if approved, the retail investors could soon access...

Bitcoin’s price falls below $110,000 as a new geopolitical event rattles the market and thereby economic stability. President Donald Trump has imposed a steep 50% tariff on most Indian imports,...

The United States has launched a major crackdown on Garantex, a Russian-operated cryptocurrency exchange accused of handling massive illicit transactions. In a coordinated move, the Departments of State and Treasury...

Russia’s Central Bank is moving forward with plans to launch regulated cryptocurrency investments for elite investors through a new pilot program. This framework will allow select individuals and institutions to...

Recent reports indicate that Russia’s Federal Financial Monitoring Service (Rosfinmonitoring) has confirmed that cryptocurrency exchanges operating within the country are sharing user transaction data with authorities without requiring court orders....

Russia is preparing to establish a government-backed crypto exchange exclusively for wealthy investors.  The project, confirmed on April 23, will operate under an experimental legal framework (ELR), it aims to...