Russia

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.

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.

Moscow Exchange Launches Bitcoin Futures for Qualified Investors
Sberbank, Russia’s largest bank, is also launching bitcoin futures and structure bonds tied to BTC.

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.

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."

Russian Police Arrest Suspect in $3.2M Illegal Mining Operation: Report
A similar mining scheme occurred in the region in 2022.

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'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

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.

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.

