Russia’s position on cryptocurrencies has undergone a significant shift in recent years, moving from strict opposition to a more nuanced and strategic approach. Once advocating a total ban on digital assets, the Bank of Russia is now proposing a regulatory framework that would permit wealthy individuals to invest in cryptocurrencies. The shift is notable given
A Russian national who was charged for his role in a crypto market manipulation scheme will give up his access to millions worth of assets after striking a plea deal with US prosecutors. In November, the U.S. Justice Department filed charges against the crypto market maker Gotbit’s CEO and founder Aleksei Andriunin for providing services
The Central Bank of the Russian Federation has reportedly released a proposal that if approved, would allow qualified entities to trade crypto assets. In a statement, the central bank proposes a three-year experiment where wealthy investors and certain firms have the greenlight to buy and sell crypto assets, reports Reuters. The Central Bank of Russia
Bitcoin and cryptocurrencies have been embraced by world leaders in recent years, with U.S. president Donald Trump reportedly planning to buy up huge swathes of bitcoin. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can “uncover blockchain blockbusters poised for 1,000% plus gains!”
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter. Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in international trade(AP) While Russia has publicly encouraged the use
Crucial elements of the new EU policy include favoring weapons production within the bloc and “like-minded third-country companies,” encouraging joint purchases of arms, making it easier to finance defense projects, focusing on key areas where the bloc has a capacity shortfall like air defense and military mobility, and slashing red tape on defense investments. Russia’s