Bank of Russia Takes Bold Step in Supporting Cryptocurrency Payments for International Settlements

The Bank of Russia has announced a significant move towards embracing cryptocurrency payments for international settlements, marking a major milestone in the country’s approach to digital currencies. This decision comes…

Read More »

Vladimir Putin Puts an End to Speculations about the Cryptocurrency Ban

During a video conference with the government  held on January 26, Russian President Vladimir Putin instructed the government and the Bank of Russia to seek consensus on the cryptocurrency industry.

Read More »

The Bank of Russia Received Explosion Threat due to the Possible Cryptocurrency Ban

On January 21, the Bank of Russia received a call from an anonymous person who reported that their premises were rigged with explosives. Among other reasons, the criminal cited the…

Read More »

New Russian Law Bans Bitcoin Payments for Goods and Services

Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved…

Read More »