Russia
Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

Russian Prime Minister Pledges to 'Civilize' Crypto Market and Prevent Scams
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin.

Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire
A poorly managed mining farm in St. Petersburg, Russia, set an apartment on fire and injured the operator, according to a report.

Russian Ministry Moves to Soften Requirements for Crypto Tax Reporting
Russia's Ministry of Finance has proposed legal amendments that would relax planned tax requirements for crypto holders, if passed.

Russian Hydropower Giant Opens Bitcoin Mining Farm
En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia.

A New Company Claims It’s Opening the Biggest Mining Farm in Russia
MineSpot, a company previously unknown in the crypto mining industry, is opening a 160-megawatt mining venue in Siberia.

Digital Ruble 'Promising,' Pilot Likely in 2021, Says Bank of Russia Chief
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said.

Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.

Russian Metal Giant’s Tokenization Firm Expands to America
U.S. investors can invest in tokens representing rare metals as Russian mining giant Nornickel expands its tokenization firm.

A Russian Company Is Opening a Mining Farm in the Arctic
The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption.

