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Russia proposes 15% tax on crypto income

Russia is proposing a new tax framework that would impose a 15% tax on income from crypto trading and mining. This move comes as...

China, Russia, and Iran push for crypto payments to ditch the dollar

At the sixteenth annual gathering in Kazan, Russia, leaders from China, Russia, and Iran are all on board with using crypto to help reduce...

Putin declares Russia as a bitcoin mining powerhouse

At the Eastern Economic Forum, President Vladimir Putin announced that Russia established itself as a leading nation in bitcoin mining. He attributed this growth...

Russian authorities seized 238 rigs, the crackdown on illegal miners continues

Authorities in Russia ramped up their efforts to combat illegal crypto mining, seizing 238 mining rigs in a region that has become a key...

Russia wants to circumvent sanctions with cryptocurrencies

Russia is planning to launch a cryptocurrency trial to facilitate cross-border payments as it seeks ways to navigate around international sanctions. A Bloomberg report...

Crypto and barter, the new payment between China and Russia?

Chinese regional banks, previously acting as intermediaries for payments from Russia, have begun to refuse Russian transactions. This pushed both countries to explore alternatives...

Bitcoin is legal in Russia

The year 2024 marks a real turning point for cryptocurrencies as Russian President Vladimir Putin has decided to legalize Bitcoin as a legal means...

Russia will reverse crypto ban?

In a new Telegram post, lawmaker Anton Gorelkin, co-author of a draft law on crypto mining revealed that many legislators are seriously concerned about...

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