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Russia delays digital ruble launch testing due to lawmaking process
The rollout of The Bank of Russia’s central bank digital currency (CBDC) pilot is being delayed for an indefinite period.…
Oregon Charges Four Russian Nationals with Crypto Fraud
Four Russian nationals have recently been indicted by a federal grand jury in Oregon after they allegedly ran a crypto…
Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report
Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade…
Despite Sanctions, Russia-Related Bitzlato Enables Partial Withdrawals
Russia-related Bitzlato ignores sanctions and allows customers to withdraw 50% of their funds in Bitcoin. Sanctioned cryptocurrency exchange, Bitzlato has…
Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies
As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia,…
Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 2022
African countries’ debts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said…
Russia will use Chinese yuan for transactions, avoiding sanctions
A shift in the digital currency environment may occur due to Russia’s latest decision to utilize the Chinese yuan instead…
Several Crypto Mining Operations Busted in Russia
Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators…
Russian Parliament Votes on Bill Opening Door for Digital Ruble
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble.…
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability…
