Russia


Finance

Russia’s Largest Bank Introduces First Blockchain-Focused ETF in the Country

The exchange-traded fund will track the Sber Blockchain Economy Index, which includes crypto asset and mining companies.

Moscow.

Finance

Russian Central Bank Seeks Ban on Crypto Investment: Report

The central bank is looking at a complete ban on future crypto investments in the country.

Bank of Russia (Shutterstock)

Policy

Bank of Russia Bars Mutual Funds From Investing in Crypto

In a new directive, the regulator prohibited Russian mutual funds from directly or indirectly investing in crypto assets.

The Bank of Russia

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Chatex Users Ask US Treasury to Release Crypto Frozen by Sanctions

Retail customers were swept up by actions meant to punish a crypto firm accused of money laundering.

(Picdrome Public Domain Pictures)

Policy

Russians Conduct $5B Worth of Crypto Transactions a Year, Central Bank Says

The regulator said it is worried people will start putting their savings into stablecoins.

The Bank of Russia

Policy

Russia’s Chief Taxman Says Crypto Could Erode State Taxation Profits

Head of the Federal Tax Service said tax evasion via crypto needs to be fought.

Russia

Policy

Russian Ministries, Duma Want to Legalize Crypto Mining: Report

The Russian central bank opposes the measure.

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

Finance

This Imprisoned Russian Artist Is Selling NFTs to Support His Family and Fellow Inmates

Pavel Skazkin, aka “Papasweeds,” found a creative outlet, a sense of purpose and a source of income to supplement his meager inmate’s salary, thanks to the NFT market explosion.

Hall of Shame NFT by the imprisoned Russian digital artist Papasweeds (Foundation)

Finance

Russian Oil Companies Want to Mine Crypto on Flare Gas: Report

One company is already doing so, but the regulations remain unclear.

gas flaring bakken