Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s...

Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A...

Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal...

Russia’s Congressional finance committee chairman, Anatoly Aksakov, said the country is moving to greenlight international trade in cryptocurrency within the next month, according to...

The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management...

Mining of Bitcoin (BTC) to be legal in Russia. Previously the bill was voted down by the The Russian congress. The bill may...

Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged...

The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted...

Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry....

The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital...

The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from...

In the fourth quarter of 2022, many miners are buying mining rigs. Given the ongoing market decline of crypto assets, this is unexpected....