Category: Russia
Cryptocurrency Russia
Lagarde Unveils Plan To Tackle Inflation At ECB
The ECB has closely monitored the key inputs shaping its rate path to bring down inflation and meet its targets. During a recent speech, Christine…
Revised Bill Proposes Jail Term for Russian Crypto Miners Evading Taxation
According to draft legislation currently being revised in Moscow, all Russia-based crypto miners will soon be required to report their income and submit to tax…
US seizes Russian company’s $25M Boeing 737 under sanctions warrant
A federal judge in New York has allowed the seizure of a $25 million Boeing 737 owned by a Russian energy business. The court supported…
Russia And Iran Plan To Issue A Gold-backed Stablecoin
Iranian central bank is reportedly collaborating with the government of Russia to mutually launch a unique crypto supported by gold. The authorities in Iran are…
Russia Could Use Crypto to Get Around US Sanctions
When Russia invaded Crimea back in 2014, the United States stopped doing business with Russian gas and oil developers, banks and other companies. This resulted…
Russian Anti-Drug Agency to Assist Government in Tracking Transactions Involving Digital Assets
An active movement is going on in Russian wherein public is demanding prevention of crypto usage giving rise to drug trading. The activists of the…
Sberbank of Russia Intends to Register its Digital Asset Tool in September
Due to its status as Russia’s largest banking and financial institution and as one of the world’s largest publicly traded corporations, Sber’s entry into the…
Crypto Scams At Peak In Ireland, Police Remains On High Alert
Police in Ireland is on its toes because there are massive scams relating to crypto, particularly Bitcoin, in which mostly the elites have been targeted….
Russian Mobile Carriers Propose To Link Digital Rubble Wallets On SmartPhones
Both Beeline and MegaFon initiated the idea of connecting the phone numbers of everyday consumers to their digital ruble wallets available on their smartphones. The…
Litecoin Overtakes Ripple’s XRP To Become The Fourth-Largest Cryptocurrency
XRP, the native digital token of the famous blockchain payments behemoth Ripple, does not now hold the fourth spot on CoinMarketCap as it has been…
Russian Sberbank Intends To Launch Digital Currency In Collaboration With JP Morgan
Sberbank, the largest banking and financial services firm has revealed its plan to launch its own digital currency. With the launch of the digital currency,…
Bank of Russia Chief Says the Country Might Pilot Digital Ruble By the End of 2021
It seems that the Russian central bank is considering introducing its own central bank digital currency (CBDC) as the Head of the Central Bank of…
Russia Moving Forward with Blockchain Voting System
The capability of the Blockchain of optimizing the democratic process has become a particular point of interest for quite some time now. It may have…
Russia Takes Steps to Regulate Cryptocurrency With Draft Law for Managing Digital Money Creation and Management
On Thursday, 25th January, Russia made a move to regulate cryptocurrencies by providing a draft law. Its objective was to manage the formation and production…
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