Russian stablecoin usage surged after Ukraine invasion: Report

According to Chainalysis data, Russia’s stablecoin usage has increased since the onset of the war, due partly to ordinary Russian citizens seeking to protect their assets.

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Russia More Bullish On Bitcoin Than Ever As It Legalizes Crypto For International Payments

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Russia To Legalize Cryptocurrency As Form Of Payment, Minister Says

Since January 1 of last year, cryptocurrencies have been legal in Russia, however they cannot be used to purchase goods or services. Russia recently enacted a new cryptocurrency law that, although falling short of the previous cryptocurrency prohibition, nonetheless maintains rigorous limits on the usage of cryptocurrencies as a form of currency. Fast forward 16 […]

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Russian sanction tightening: G7 intensifies measures and Japan sanctions against crypto usage

The world applied heavy sanctions against Russia in response to its invasion of Ukraine, and the Russian economy had taken a hit. The post Russian sanction tightening: G7 intensifies measures and Japan sanctions against crypto usage appeared first on CryptoSlate.

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Russia’s Central Bank “All Set” To Completely Ban Bitcoin

The central bank of Russia has called for a blanket ban on Bitcoin mining and the trading/usage of cryptocurrencies in the country. The bank has cited threats to its monetary policy and environmental concerns.

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Russia & Belarus to Charge Higher Tariffs for Crypto Miners Due to High Energy Usage

The sheer amount of energy used by miners has caught the attention of governments in Russia and Belarus, prompting them to consider alternate tariffs. The post Russia & Belarus to Charge Higher Tariffs for Crypto Miners Due to High Energy Usage appeared first on BeInCrypto.

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Russia’s new crypto laws require users to report their wallets

Russia’s Ministry of Finance has prepared a new version of Russia's laws that introduce stringent measures regarding the usage of crypto wallets, a local media outlet RBK, reported today. The announThe post Russia’s new crypto laws require users to report their wallets appeared first on AMBCrypto.

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Russian Interest in Paxful’s P2P Platform Surges 350%

Paxful has released data showing growing usage of its peer-to-peer trading platform in Russia.

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Latin America and Turkey Have the Most Cryptocurrency Users, Poll Shows

Cryptocurrency usage has been expanding globally and a new survey confirms that trend. The poll conducted by Statista shows that the citizens of troubled countries tend to exploit the benefits of decentralized digital money far more readily than the citizens of thriving nations.

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Russian Gold-Backed Crypto Slams the Global US Dollar Standard

By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard.

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Facebook’s Global Coin Finds Its Applications In Russia’s Oil Industry Even Before Launch

Coinspeaker Facebook’s Global Coin Finds Its Applications In Russia’s Oil Industry Even Before LaunchRussian officials think that Facebook's Global Coin will have a massive usage across the globe and hence it would be easier to trade oil barrels in their currency.

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Looking into How Cryptocurrency Miners in Russia Get By Using These Tips

Russia has been clamping down on cryptocurrencies over the recent past. It is tightening its regulations for both mining and usage of cryptocurrencies. This has caused many challenges and complications for domestic miners.

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LocalBitcoins Volumes Are Dominated by Russia and Venezuela, New Data Finds

LocalBitcoins is a good yardstick for measuring bitcoin usage on a country by country basis. A new analysis dives deeper than ever before into the data, considering metrics that have previously been overlooked.

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Erachain Brings Security in E-Commerce by Announcing details of Innovative Payment Service Safe Pay

Bitcoin Press Release: Blockchain-developer Erachain, together with IT companies iSimpleLab and iDSystems, specializing in the development of banking software, created an innovative payment service based on blockchain technology.

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