The Russian Central Bank supports the use of cryptocurrencies for international settlements and plans to promote the formulation of relevant bills

Russia touts common digital currency between Russia, China, India

Deputy Chairman of the State Duma Alexander Babakov suggested that the three countries should trade using a common digital currency.

Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin

Russia Blocks Access to Cryptocurrency Exchange OKX

The country's prosecutor general office blacklisted the world's third-largest crypto exchange by volume, according to the public data.

Bank of Russia backs cross-border crypto payments vs. domestic trade

Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.

Huobi Global Cryptocurrency Exchange Review (2022)

‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin

Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022.

Report: Central Bank of Russia Says It Agree to Amend Cryptocurrency Laws

The monetary authority will allow the use of cryptocurrencies for foreign trade, a senior central bank official said at a news conference.

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 ...

Less likely to ban? Putin says cryptocurrency mining has advantages in Russia

Putin said excess electricity and well-trained personnel gave Russia a "competitive advantage" in cryptocurrency mining.

U.S. sanctions Russia's largest darknet market Hydra and cryptocurrency exchange Garantex

The sanctions are part of an international effort to "(block) the expansion of malicious cybercrime services, dangerous drugs and other illicit products".