Saylor’s Strategy Makes One Of Its Largest Bitcoin Buys Since 2024, Adding $2.54 Billion In BTC Through Hybrid Funding Model
Strategy bought $2.54 billion worth of Bitcoin, adding 34,1aalling more buying could follow.
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Russia Advances Cryptocurrency Legalisation for Cross-Border Transactions
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Russia can't live without cryptocurrencies
The Russian government passed legislation allowing the use of digital currencies in cross-border transactions and exchange trading from September 1, 2024, and legalizing cryptocurrency mining in Russia from November.
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Russia’s cryptocurrency mining law has now been approved by President Vladimir Putin and will come into full effect on September 1.
JinseFinanceRussia's Ministry of Finance Backs Official Recognition of Cryptocurrency Mining
Russia's Ministry of Finance backs recognizing cryptocurrency mining with an OKVED code, pending new legislation. Legal frameworks are needed to define mining's status and company obligations. A 2022 bill faced pushback and was reintroduced in April 2023.
Huang BoRussian Crypto Traffic Surges Amid Warnings from Officials
Russian visits to global crypto exchanges rise by 16.4%, raising concerns over potential sanctions blocking access to funds. The government must balance innovation with financial stability amid growing crypto interest.
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Russia to ban cryptocurrencies in September to protect ruble. CBDC pilot ongoing, potential adoption by 2025.
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Russian lawmakers are considering a ban on private citizens participating in cryptocurrency mining, with a focus on legalizing mining for registered businesses. This move comes as the Industrial Mining Association is established to influence the industry's trajectory and improve taxation for industrial miners. The integration of cryptocurrencies into the Russian economy may take some time but is expected to increase in state transactions and trade activities.
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链向资讯Crypto volumes on major Russian exchanges plummet 50%
Despite increased economic sanctions against Russia, the number of cryptocurrencies bought in rubles on major exchanges continues to decline.
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