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Tag: Russia

Russia’s New Bill Forces Banks and Merchants to Embrace Digital Ruble

December 31, 2024 wp-bot Bitcoin News

Russia is set to make the digital ruble mandatory for banks and large merchants by 2025, pushing widespread adoption through universal QR code payments. Russia

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Russia’s Biggest Bank Joins Digital Ruble Push – New Era of Transactions Begins

December 30, 2024 wp-bot Bitcoin News

Russia’s largest bank, Sberbank, has joined the expanding digital ruble pilot, signaling stronger momentum as the country advances its central bank digital currency initiative. Russia

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Crypto Biz: The Year of Bitcoin

December 27, 2024 wp-bot Cointelegraph

This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the

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Russia Enacts Ban on Crypto Mining Operations in 10 Regions, Hints at Expansion

December 26, 2024 wp-bot Bitcoin News

Russia recently enacted a ban on crypto mining operations in 10 regions until 2031, citing high energy consumption issues as the cause. Deputy Prime Minister

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CIS Nations Ditch Foreign Currencies—85% of Trade Now in Local Tenders

December 26, 2024 wp-bot Bitcoin News

Over 85% of Commonwealth of Independent States (CIS) trade now bypasses foreign currencies, signaling a strategic shift towards economic independence as national payment systems take

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Russia Using Bitcoin to Bypass Sanctions – Is the Global Financial System Cracking?

December 26, 2024 wp-bot Bitcoin News

Russia is embracing bitcoin for international trade to bypass Western sanctions, signaling a strategic shift toward digital currencies to counter economic isolation and strengthen global

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