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Bank of Russia to Start Testing Digital Ruble With Real Users on April 1

The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More...

Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning

Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars....

Russia Gives Tax Incentives to Crypto Miners

In the most recent months, the cryptocurrency mining business has been met with moratoriums in several regions of the United States and Canada. Those...

Russia’s Alfa-Bank Launches Digital Asset Platform Post Approval

10 seconds ago | 2 mins read Blockchain News The Bank of Russia declared...

Russia’s Largest Private Bank Launches Digital Asset Platform

Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s...

Russia Expands Its Crypto Mining Capacity, Report Reveals

The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according...

Russia’s Sberbank Reportedly Developing Ethereum-based DeFi Platform

9 hours ago | 2 mins read Blockchain News The platform is now under closed beta testing as per Konstantin Klimenko. Sberbank...

Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum

A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (defi) platform in May. Konstantin Klimenko, product...

Finovate Global Estonia: Partnerships, Fundraising, and the Fight Against Financial Crime

In this week’s edition of Finovate Global, we take a look at a handful of developments in Estonia’s fintech industry. With a population...

Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit

Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The...

Allegations of fraud against Compass Mining after company cuts ties with Russian

Compass Mining severed its ties with the Russian hosting provider Bit River and did not return Bitcoin mining gear to its customers. The company...

Compass Sued Over Allegedly Failing to Return Customer Bitcoin Miners

Compass Mining, a reseller of and hosting service for Bitcoin mining machines, is being sued by its customers to the tune of $2 million. In...

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