Russia

Russia

Policy

Russia Creates Registry of Crypto Mining Equipment to Tighten Oversight

Officials say the list will help identify miners and enforce new tax and energy rules as Russia formalizes the crypto sector.

Top of the Kremlin (Artem Beliaikin/Unsplash)

Finance

Russian State Giant Rostec Plans Ruble-Pegged Stablecoin, Payment Platform on Tron: TASS

RUBx, based on the Tron blockchain, will be anchored to the Russian ruble and integrated with the country’s banking system.

Top of the Kremlin (Artem Beliaikin/Unsplash)

Markets

Moscow Exchange Launches Bitcoin Futures for Qualified Investors

Sberbank, Russia’s largest bank, is also launching bitcoin futures and structure bonds tied to BTC.

moscow

Markets

Russia’s Largest Bank Sberbank Launches Structured Bonds Tied to Bitcoin


The structured product gives exposure to BTC price changes and USD/RUB exchange shifts.

Sberbank branch in Brno (Perituss/Wikimedia Commons)

Policy

Russia Says Financial Institutions Can Offer Crypto-Linked Instruments to Qualified Investors

The Bank of Russia said "financial institutions may offer qualified investors financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices."

Russia, Moscow (Alexander Smagin / Unsplash)

Finance

Russian Police Arrest Suspect in $3.2M Illegal Mining Operation: Report

A similar mining scheme occurred in the region in 2022.

The Russian flag waves against an almost cloudless sky. (CoinDesk archives)

Policy

Binance's Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case

Smerkis worked for Binance from 2022 for just under two years.

Russia, Moscow Ruslan Gibadullin / Unsplash

Policy

Russia's Finance Ministry to Offer Crypto Trading to 'Highly-Qualified' Investors: Report

The exchange will "legalize crypto assets and bring cryto operations out of the shadows," Finance Minister Anton Siluanov said

The Russian flag waves against an almost cloudless sky. (CoinDesk archives)

Markets

Russia Turns to Crypto to Bypass Western Sanctions in Oil Trade: Reuters

While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.

Oil rig operating during the sunset (Maria Lupan/Unsplash)

Policy

Bank of Russia Proposes Crypto Investment Pilot for High-Net-Worth Investors

The central banks aims to establish standards for crypto-related services and increase market transparency while expanding investment opportunities for wealthy investors.

The Kremlin and Saint Basil's cathedral in Moscow. (Michael Parulava/Unsplash)