Russia


Finance

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)

Finance

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

Policy

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)

Policy

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)

Videos

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.

CoinDesk placeholder image

Videos

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.

CoinDesk placeholder image

Videos

US Sanctions Enforcer Blacklists a Crypto Exchange for First Time

The U.S. Treasury Department added Russia-based crypto exchange Suex.io to its list of specially designated nationals (SDNs) for its alleged role in facilitating cryptocurrency transactions for ransomware attackers. Labeled a “specially designated national,” Suex.io is in a category with suspected terrorists.

CoinDesk placeholder image

Finance

Bank of Russia Sees Digital Ruble as a Key Project

The Russian central bank’s deputy chairwoman sees no obstacles to the launch of a CBDC.

Elvira Nabiullina, Bank of Russia chief

Finance

Eastern Europe Received Over $1B of Illicit Crypto in a Year: Chainalysis

The region is second highest for cryptocurrency scams, behind only Western Europe, a report says.

Hacker attacking internet