Russia


Политика

Russians Conduct $5B Worth of Crypto Transactions a Year, Central Bank Says

The regulator said it is worried people will start putting their savings into stablecoins.

The Bank of Russia

Политика

Russia’s Chief Taxman Says Crypto Could Erode State Taxation Profits

Head of the Federal Tax Service said tax evasion via crypto needs to be fought.

Russia

Политика

Russian Ministries, Duma Want to Legalize Crypto Mining: Report

The Russian central bank opposes the measure.

The Kremlin and Saint Basil's cathedral in Moscow. (Michael Parulava/Unsplash)

Финансы

This Imprisoned Russian Artist Is Selling NFTs to Support His Family and Fellow Inmates

Pavel Skazkin, aka “Papasweeds,” found a creative outlet, a sense of purpose and a source of income to supplement his meager inmate’s salary, thanks to the NFT market explosion.

Hall of Shame NFT by the imprisoned Russian digital artist Papasweeds (Foundation)

Финансы

Russian Oil Companies Want to Mine Crypto on Flare Gas: Report

One company is already doing so, but the regulations remain unclear.

gas flaring bakken

Политика

Russian Energy Minister Says Miners Should Pay More for Electricity

Using energy at retail rates for crypto miners is unacceptable, Nikolay Shulginov said.

Mining machines (GreenBelka/Shutterstock)

Политика

Putin Says Crypto Can’t Yet Replace Dollar in Settling Oil Trades: Report

The Russian president said it’s too early for that.

Russian President Vladimir Putin (Shutterstock)

Видео

Putin Signals Tolerance of Cryptocurrencies

CoinDesk’s Nikhilesh De discusses the specifics, reactions, and implications for Russian President Vladimir Putin saying crypto has value but cannot yet replace the U.S. dollar in settling oil trades.

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Видео

Putin: Crypto Can’t Yet Replace Dollar in Settling Oil Trades

Reacting to Russian president Vladimir Putin saying he doesn’t think crypto can replace the U.S. dollar in settling oil trades yet, though he believes it has value. Merkle Science’s Mary Beth Buchanan discusses the implications for Russia potentially warming up to crypto.

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