Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.
The government's concerns about the crypto mining sector's high energy demands have prompted a temporary ban in key regions.
Crypto mining is popular in Siberia because of low operating costs, Crypto News noted, due to the cool temperatures and cheap power supply. But many in Siberia have blamed crypto miners for power ...
Russia's largest bank has reportedly joined the country's digital ruble pilot program ahead of a mid-2025 launch of the ...
Russia is expanding the use of Bitcoin in foreign trade to bypass sanctions, as confirmed by Finance Minister Anton Siluanov.
Ukraine has announced "sanctions and other solutions" to block Russia's unwanted cryptocurrency payments. Source: Vladyslav ...
Banks will have the capability to freeze digital ruble transactions for a maximum of 48 hours if they believe a fraud is taking place. The measure offers Russian banks enhanced protection to ...
Facing crippling sanctions, Russia is turning to cryptocurrency to keep its global trade alive. With Bitcoin now fully legal ...
Bitcoin has had such a historic year! Nearly 16 years after its network debuted, cryptocurrency solidified its status as a ...
Russia legalizes Bitcoin for international payments to counter sanctions, and expanding its use for trade.
Bitcoin stabilizes near $98,000 amid Russia's adoption of BTC for trade and MicroStrategy's continued Bitcoin accumulation, ...
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