Russia


Finance

Russia's Power Grid Company Tests Blockchain for Power Meter Data

Russia’s national power grid company Rosseti is testing a system for electricity bill payments based on a distributed ledger by Waves.

power, lines

Finance

Huobi Russia Announces Ruble Gateway and Token Launchpad Service

Huobi Russia now accepts ruble deposits and will soon have its own exchange token listing service for the Russian market.

Moscow

Policy

Russian Central Bank Says It Would Support Crypto Ban

The Bank of Russia has backed a potential ban on cryptocurrency payments, according to a state news agency.

Bank of Russia

Finance

Waves and the Tricky Task of Being a Russian Crypto Brand

What if your biggest client is your biggest reputation risk?

Waves CEO Sasha Ivanov / Anna Baydakova for CoinDesk

Markets

BRICS Nations Ponder Digital Currency to Ease Trade, Reduce USD Reliance

The BRICS association of major emerging economies has discussed developing a digital currency to facilitate trade between member nations.

BRICS sculpture

Markets

Russia Wants to Be Able to Seize Cybercriminals' Bitcoin

Russian regulators will begin developing proposals for legislation allowing confiscation of crypto assets seized in crime investigations.

Bitcoin and rubles

Markets

Russian Aluminum Plant Pivots to Bitcoin Mining Following US Sanctions

Metal giant Rusal is renting its facilities to the Russian Mining Corporation following 2018 U.S. sanctions.

Stack of bitcoin miners

Markets

Binance CEO: 'Russia Is Our Key Market'

Fans mobbed Binance's CEO like a rock star on his recent visit to Moscow. The warm feelings are mutual, with a big Russian expansion in the works.

Binance CEO Changpeng Zhao. (Credit: Binance)

Markets

Final Russian Nuclear Scientist Sentenced Over Illicit Crypto Mining

The last of three Russian scientists caught illegally mining bitcoin at a top-secret nuclear lab has been given a prison sentence.

nuclear towers

Markets

Russian Central Bank Chief: 'No Obvious Need' for National Cryptocurrency

Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief.

Elvira Nabiullina, Russia central bank chief. (Anton Veselov/Shutterstock)