Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November.
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Russia legalizes Bitcoin and cryptocurrency mining
Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system.
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Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of
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Russia to Initiate Crypto Payments Internationally by Year-End, Central Bank Governor Says
Russia plans to launch international cryptocurrency payments by the end of the year to counter Western sanctions, according to the governor of the Bank of
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US Treasury ‘Very Attentive’ to Russia’s Use of Cryptocurrency, Yellen Says
U.S. Treasury Secretary Janet Yellen has addressed concerns about Russia using cryptocurrency to evade sanctions. During her testimony before the House Financial Services Committee, Yellen
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Bank of Russia Discusses Conditions of Upcoming Stablecoin Regulation
The Bank of Russia has highlighted the conditions it will need to consider when regulating the use of stablecoins for Russian individuals and companies. The
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