Russia
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.
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.
Russian Ministries, Duma Want to Legalize Crypto Mining: Report
The Russian central bank opposes the measure.
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.
Russian Oil Companies Want to Mine Crypto on Flare Gas: Report
One company is already doing so, but the regulations remain unclear.
Russian Energy Minister Says Miners Should Pay More for Electricity
Using energy at retail rates for crypto miners is unacceptable, Nikolay Shulginov said.
Putin Says Crypto Can’t Yet Replace Dollar in Settling Oil Trades: Report
The Russian president said it’s too early for that.
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.
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.