Russia


Markets

Russia's Sber Bank Files to Launch Its Own Stablecoin

Russia's largest retail bank has applied to become a licensed digital assets issuer.

Sberbank

Policy

Russian Court Takes Crypto Exchange Binance off Website Blacklist

A court in the Arkhangelsk region ruled last summer Binance should be blocked, but the exchange wasn't notified until months later.

Binance Logo.

Markets

Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy

Gazpromneft, a subsidiary of Russian oil and gas giant Gazprom, is opening a bitcoin mining venue on one of its oil drilling sites.

gas flaring bakken

Markets

Digital Currencies May Make SWIFT Redundant, Says Russian Central Bank: Report

Russia would likely welcome replacements for SWIFT as the nation's banks have been threatened with being removed from the network.

Bank of Russia

Markets

Crypto Exchange Livecoin Begs Users to Stop Trading After Losing Control of Servers

Livecoin asked clients to stop making deposits and trading after suffering a "carefully planned attack."

shadow

Policy

Bank of Russia Chair: Digital Ruble Is No Threat to Banks

Russian banks are concerned the digital ruble might hurt their business, but the Bank of Russia is nonchalant

Elvira Nabiullina, chair of the Bank of Russia

Policy

Bitcoin Scam Using Unauthorized Celebrity Images in Ads Traced to Moscow: Report

A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.

Moscow, Russia

Policy

Putin Orders Russia's Public Officials to Report Crypto Holdings

Russian civil servants must start reporting their crypto assets as the country's first crypto law comes into force in January.

Vladimir Putin

Markets

Russia's Crypto Community Fears Digital Ruble Plan Means 'Back to USSR'

A Russian cryptocurrency and blockchain association warns the Bank of Russia against centralizing the digital ruble.

Bank of Russia

Policy

Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them.

Russian Central Bank Chairman Elvira Nabiullina