Russia


Policy

Hungary’s Central Bank Head Calls on EU to Ban Crypto Mining and Trading

The governor of the Hungarian National Bank said he agreed with the Russian central bank’s earlier proposal to ban crypto activities.

Gyorgy Matolcsy, governor of Hungary's central bank, center, gestures as he speaks alongside Marton Nagy, deputy governor of Hungary's central bank, left, and Laszlo Windisch, deputy governor of Hungary's central bank, right, during an interest rates decision briefing at the Magyar Nemzeti Bank in Budapest, Hungary, on Tuesday, March 26, 2019. Hungary's central bank took its first step to unwind monetary stimulus since 2011, the start of tightening by one of Europe's most enduring proponents of loose policy. Photographer: Akos Stiller/Bloomberg via Getty Images

Videos

Bandai Namco Plans IP Metaverse; Russia’s Crypto Flip

UN approves Chinese NFT standard. Japan’s Bandai Namco to create IP metaverse. Russia U-turns on crypto, but will it last? We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Policy

Russia to Regulate Crypto, Dispelling Fears of Ban

The government’s plan to license exchanges and tax large transactions has the support of the central bank, which previously wanted to outlaw mining and trading.

Russian government building

Finance

Crypto Donations to Ukrainian Activists Soared in 2021, With Russia Looming at the Border: Elliptic

Bitcoin donations to Ukrainian NGOs and volunteer groups rose tenfold during 2021, the crypto analytics company said.

Kiev, Ukraine. Credit: Shutterstock

Videos

North Korea Gains From Cyberattacks; Russia Crypto Mining Tax?

Crypto cyberattacks benefit North Korea’s finances. Russian miners on alert over crypto tax. Crypto market cap rebounds above US$2 trillion mark. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Finance

Bank of Russia Approves Atomyze as First Digital Asset Issuer

Atomyze, a tokenization startup by the mining and smelting giant Nornickel, has gotten the green light to issue tokens backed by metals in Russia.

The Bank of Russia

Policy

Electricity Consumption in Siberian Region Rises Fourfold Due to Crypto Mining

The Russian government is working on new crypto mining regulation.

Lake Baikal in Siberia's Irkutsk Oblast. (Image credit: Ekaterina Sazonova)

Policy

Russia's Minister of Finance Suggests Letting Banks Sell Crypto: Report

Cryptocurrencies should be treated like investments in gold and other assets, the minister wrote in a letter to the prime minister.

Russian Finance Minister Anton Siluanov and central bank Governor Elvira Nabiulina. (Andrey Rudakov/Bloomberg via GettyImages)

Policy

Russian Government Agrees on Road Map to Regulate Crypto: Report

Government ministries and other official bodies agreed on principles for future crypto regulation. The Bank of Russia objects.

Russian government building