Binance Completes Full Exit from Russia with CommEX Sale
#Binance concludes its complete exit from #Russia by selling to #CommEX, prioritizing compliance and user asset security. #CryptoExchange #Crypto
Russia
Digital Ruble Pilot Set in Motion, Russia CBDC Trials Begin
#Russia is set to launch its #DigitalRuble in motion as it begins running a pilot program to test #CBDC operations with 13 banks.
Russia’s Federal Tax Service to Regulate Cryptocurrency Industry
Russia’s cryptocurrency industry will be primarily regulated by the Federal Tax Service, according to the country’s Deputy Minister of Finance. Also involved in this regulatory framework will be the Federal Financial Supervisory Service and the Central Bank. Stay updated with us for more on this developing story! #CryptoRegulation #Russia #CryptoNews
Russia Bolsters Crypto Mining Capacity to 500 Megawatts
Russian crypto mining farms have increased in operation and capacity in 2022 despite sanctions and dismal crypto market performance.
Outflow Fears Attribute to Russia’s Crypto Mining Bill Delay
Legislators in Russia have said that the proposal to control the mining of cryptocurrencies has been delayed due to fears of a flight of capital. Read CNL.
Russia to Pass Bill Legalizing Bitcoin (BTC) Mining
Russian government is looking forward to passing bill legalizing Bitcoin (BTC) mining. Read CNL for more info.
Russian Miners Purchase More Bitcoin Mining Rigs in Q4
Russia’s low energy prices were a major factor in the enormous increase in demand for discounted ASIC crypto-mining equipment in Q4.
EU strengthens sanctions on Russia in a wave of measures
Russian access to European crypto services will be hampered by new sanctions being debated in light of the ongoing escalation of the situation in Ukraine.
Russia Takes Lead, Allows International Trade in Bitcoin
Russian leaders have just announced that the nation will allow international trade in Bitcoin and other cryptos without industry restriction.
Moscow Exchange To Become a Cryptocurrency Exchange
MOEX is imposing a bill to make it a crypto exchange. The measure lies in the hands of the Central Bank. Twitter users have criticized the move by the Moscow Exchange. The largest stock market, the Moscow Stock Exchange (MOEX), has agreed to draft legislation allowing it to function as a cryptocurrency exchange. This is brought to us by an update from the Bitcoin Archive. The demand for cryptocurrencies grows day by day, and various governments, notably Russia, are seeking measures to satisfy it. The measure by the Moscow exchange is presently in the hands of the Central Bank, which
Ethereum’s Vitalik Buterin Urges Masses to Embrace Crypto Payments
Co-Founder of Ethereum says cryptocurrency payments are the best option. Vitalik Buterin emphasizes just how crypto payment options can help the world progress. He even expresses how crypto payments could help within a nation’s borders. Co-Founder of Ethereum — Vitalik Buterin, addresses the power that cryptocurrencies hold on Twitter. In particular, he talks about what cryptocurrencies offer to the public and the world and how unfortunate it is that many still do not realize their potential. As we can see from the tweet above, Vitalik Buterin says that people still continue to underrate cryptocurrency payments. Specifically, he says that they
Putin Signs Bill Outlawing Cryptocurrency Payments in Russia
Russian President Vladimir Putin signed a bill that bans the use of digital financial assets. Russians will not be allowed to use digital assets to pay for goods and services. Digital asset exchanges will have a given time to comply with the new law. According to Russian business media outlet RBC, Russian President Vladimir Putin signed a bill that bans the use of digital financial assets (DFA) such as Bitcoin and digital utility rights (DPR) as a method of payment in Russia. After being published in the government’s gazette, the legislation will go into effect 10 days later. The bill
