Russia
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
Temporary bans may be imposed in other regions during peak energy demand, Tass reported
Microsoft, Russia Consider Proposals to Buy Bitcoin
Microsoft shareholders voted against a proposal that would have directed the company board to consider adding bitcoin to the firm's treasury holdings. Plus, Russia's plan for a strategic bitcoin reserve and crypto developments in Latin America. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report
Anton Tkachev proposed "assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies."
U.S. Treasury Sanctions 5 People, 4 Entities Tied to Russian Money Laundering Group
One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.
Putin Says No One Will Be Able to Ban Cryptocurrencies: State Media
The Russian president said cryptocurrencies will continue to develop no matter what happens to the U.S. dollar.
Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians
U.S. President Joe Biden said "to counter Russian sanctions evasion and money laundering, the Department of Justice, the Department of the Treasury, and the U.S. Secret Service have taken action today to disrupt a global cryptocurrency network, in coordination with international partners."
SUI Beat the Market With Nearly 20% Rally; Deutsche Bank Survey Shows Crypto Is Here to Stay
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as bitcoin surpassed $58,000 during Asian trading hours on the back of a U.S. tech stock rally. This comes as the SUI token beat the market with its nearly 20% jump. Plus, a Deutsche Bank survey finds that U.S. consumers are warming up to crypto, and the Bank of Russia wants the country's largest banks to support a digital ruble by July 2025.
Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
The central bank wants to promote the widespread use of the digital ruble.
Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.
Russia Legalizes Crypto Mining; California’s DMV Loads 42M Car Titles On-Chain
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Russia's State Duma passed a law that fully legalizes cryptocurrency mining in the country. Plus, California’s DMV digitized 42 million car titles on the Avalanche network, and The Bahamas is back with a new law that tightens its crypto guidelines.
