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Russia Legalizes Crypto Mining and Brings an Experimental Regime
Russia’s lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia’s state-owned domestic news agency reported. Read more
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Russia proposes allowing traditional exchanges to handle crypto trading
Russia’s Ministry of Finance has proposed allowing traditional exchanges to handle digital asset trading for select investors, Interfax reported on July 10. Read more
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Russia contemplating permanently legalizing stablecoins for cross-border payments
The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies amid ongoing sanctions, Izvestia reported on July 3, citing the Russian central bank. Read more
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Russian Central Bank Flags Sharp Rise in Crypto-related Activity
The Russian Central Bank says it has noticed a significant rise in citizens’ transactions on crypto exchanges and peer-to-peer crypto trading platforms. Read more
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BRICS Supports Cryptocurrency for Global Trade, Not US Dollar
Russia is advocating to receive payments in cryptocurrencies as the country faces economic sanctions by the US. Read more
