Russia


Finance

Russian Hydropower Giant Opens Bitcoin Mining Farm

En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia.

Bratsk hydropower plant owned by En+

Markets

A New Company Claims It’s Opening the Biggest Mining Farm in Russia

MineSpot, a company previously unknown in the crypto mining industry, is opening a 160-megawatt mining venue in Siberia.

minespot

Policy

Digital Ruble 'Promising,' Pilot Likely in 2021, Says Bank of Russia Chief

The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said.

Elvira Nabiullina, Bank of Russia chief

Policy

Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says

Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.

Bank of Russia

Finance

Russian Metal Giant’s Tokenization Firm Expands to America

U.S. investors can invest in tokens representing rare metals as Russian mining giant Nornickel expands its tokenization firm.

Jeanine Hightower-Sellitto, CEO of Atomyze LLC

Markets

A Russian Company Is Opening a Mining Farm in the Arctic

The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption.

Former nickel smelting plant in Norilsk, Russia

Markets

Bank of Russia Seeks Limit on Amount of Digital Assets Retail Investors Can Buy

Non-qualified investors would be able to buy no more than 600,000 rubles worth of digital assets in one year, or about $7,740.

Bank of Russia

Policy

Digital Ruble Can Help Track Government Spending, Bank of Russia Says

The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding.

Bank of Russia

Policy

Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations

The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC.

Russia's Central Bank

Policy

Russian Web Censor Tells Binance It's Been Blacklisted – Three Months Late

Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today.

Internet censorship