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Bitcoin Magazine Russia Considers Simplified Licensing Path for Bank-Run Crypto Exchanges Russia’s central bank is weighing a plan that would allow banks and brokerage firms to operate cryptocurrency exchanges through…
Bitcoin Magazine U.S. Treasury Sanctions Russian Exploit Broker Over Crypto-Funded Cyber Theft The U.S. Department of the Treasury has sanctioned a Russian exploit brokerage network accused of purchasing stolen U.S.…
A new Elliptic investigation identifies five major cryptocurrency platforms enabling Russian entities to bypass international sanctions through sophisticated wallet obfuscation and shared infrastructure. Blockchain analytics firm Elliptic released a report…
Bitcoin Magazine Russia to Roll Out Bitcoin and Crypto Framework This July, Allowing Retail Participation Russia is preparing to introduce its first comprehensive regulatory framework for crypto like Bitcoin, with…
Bitcoin Magazine Russia Moves to Make Crypto ‘Everyday Finance’ as Lawmakers Prepare Retail Access Bill Russia is moving closer to opening its crypto market to everyday investors, as lawmakers prepare…
Bitcoin Magazine Unregistered Bitcoin Mining in Russia May Soon Come With Up to Two Years of Forced Labor Russia is preparing to escalate its crackdown on unregistered cryptocurrency mining, proposing…
Bitcoin Magazine Sberbank Issues Russia’s First Crypto-Backed Loan in Pilot Deal With Major Bitcoin Miner Sberbank has issued Russia’s first loan backed by crypto, extending financing to Intelion Data, one…
The Central Bank of Russia recently referred to the properties of bitcoin mining and how it could help strengthen the Russian ruble. Elvira Nabiullina, head of the institution, stated that…
After peaking above $123,000 on July 14, bitcoin fell to around $116,221 before stabilizing above $117,000 by July 15. Traders are advised to monitor the support zone between $117,000 and…
Rostec announced that it will promote this stablecoin and an associated payment platform as a secure method for conducting transactions, approved by the Russian Central Bank. The payment system will…