Russia

Russia is planning to introduce criminal penalties for illegal crypto mining, targeting those using cheap energy without proper registration. The move comes as mining activity rises and more regions consider bans due to power strain.

The Russian Energy Ministry is considering extending crypto mining bans to three additional regions as local electricity grids face mounting pressure from surging energy demand.

Russia plans to launch a state-backed crypto exchange for “super-qualified” investors, aiming to legitimise digital assets and offset sanctions. Despite financial sector concerns, officials are targeting a year-end launch—signalling crypto’s rising role in Russia’s strategy.

Russia is set to add "cryptocurrency" and crypto-related terms into the country's criminal code. This is so to aid police officers when it comes to crypto-related crimes.

In response to Tether freezing wallets linked to Russian users, a Finance Ministry official proposed a ruble-backed stablecoin to reduce reliance on dollar-pegged tokens like USDT and USDC, granting Russia more financial autonomy.

Central Bank Governor Elvira Nabiullina is determined to keep crypto out of the Russian economy by doubling down on her crackdown on crypto

Russian authorities have issued a stark warning about a growing cybersecurity threat targeting smart home devices.

Russian Central Bank Governor Elvira Nabiullina reaffirms her push to ban crypto settlements, while industry leaders urge Moscow to respond to US Bitcoin reserve plans.

Russia’s central bank has just proposed a new experiment where only the rich could trade cryptocurrencies.

Russian President Vladimir Putin has rejected the ceasefire proposal put forward by the United States, outlining multiple conditions that must be met before Russia could consider agreeing to the conditions.