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Russia
Russia to Introduce Rules for Confiscating Crypto: Report
The country's prosecutor general said crypto is increasingly used for bribes.
Russia and China Moving Their CBDC Projects Forward
Central bank digital currency (CBDC) initiatives around the world are ramping up. The Bank of Russia has reportedly named 12 banks to develop a prototype of the digital ruble by December. Meanwhile, the CBDC trials have reached Beijing’s subways as passengers can now use the digital yuan to pay their fares.
Bank of Russia Picks Banks to Pilot Digital Ruble
The regulator expects the prototype of the CBDC in December and piloting it in 2022.
Russian Political Activists Are Encouraging Crypto Donations, Education
Russian political activists aligned with Alexei Navalny are asking supporters to make donations using crypto to avoid financial surveillance. The activists are also encouraging their supporters to learn about crypto and are offering educational materials. "The Hash" panel discusses the situation in Russia and the use case of crypto as a censorship-resistant form of money.
Russian Political Activists Urge Supporters to Learn About Crypto
Navalny's team says they "will be patiently teaching everyone to use cryptocurrencies and learn ourselves."
Russian Artists to Sell NFTs to Support Journalists Under Pressure
Russian digital artists will sell NFTs to support Meduza, a media outlet designated as a "foreign agent" by the Kremlin.
Russian Political Candidates Will Have to Report Crypto Holdings
A bill before parliament will require candidates to say how much they spent on digital assets during the past three years.
Election Monitors Call Russia's Blockchain Voting a Black Box: Report
The Russian Central Election Commission won't allow observers to look under the hood of its blockchain voting system, experts say.
Russian Media Company Begs for Crypto Donations as Kremlin Cracks Down on the Press
Meduza, a Russian news outlet, is asking for crypto donations after losing advertising revenue after the Russian Justice Ministry designated the publication as a foreign agent. "The Hash" panel discusses how Meduza's situation presents an excellent use-case for bitcoin and cryptocurrencies.
Russian News Outlet Calls for Crypto Donations as Kremlin Cracks Down on Media
After the outlet lost advertising revenue crypto donations started flowing in.