Digital ruble highest form of money, Russia says
Russia’s central bank may roll out digital ruble early 2022. The project is focused on replacing other digital currencies in the country.
Latest Russia News
Putin: Russia must monitor increasing criminal use of digital currencies
Russian President Vladimir Putin wants the country’s law enforcement agencies to focus more on the digital currency industry, which he believes is being used increasingly by “criminal elements.”
Russia to pilot digital ruble prototype in 2021
Russia’s central bank intends on launching a digital ruble prototype this year, its deputy chairman has recently revealed.
Russian mobile networks plan wallet and payment services for digital ruble
Mobile networks Beeline and Megafon are reported to be considering supporting services for an eventual central bank digital currency.
Russian lawmakers draw up bill for digital currency tax
Domestic residents from Russia and elsewhere, as well as domestic and foreign organizations established in the country, will be covered by the act.
Record number of ASIC miners imported into Russia: report
An unidentified client for BitRiver has recently shipped roughly 20,000 ASIC miners into the firm’s block reward mining facility in Siberia.
Russia’s largest bank files to launch a stablecoin
Russia’s Sberbank has filed an application with the country’s banking regulator to launch its own stablecoin.
Russian exchange Livecoin shuts down after hack
The permanent closure comes after the exchange abruptly shut down in the wake of the attack in late December, leaving many of its users out of pocket.
Gas powered block reward mining farm opens in Siberia
The wholly owned subsidiary of natural gas firm Gazprom is initially running mining operations from one of its oil drilling facilities in Siberia.
Celebrity BTC scam ads tracked back to Moscow
A prolific BTC scam operating in Australia has been traced to fraudsters in Russia, following an investigation by The Guardian Australia.
Putin signs order requiring Russia officials to report digital currency holdings
Public officials in Russia must include digital currencies owned by their spouses and children, and must report by June 30, 2021.
Russia central bank snubs private ruble-pegged stablecoins
The Chinese model for its digital yuan is a better template for Russia in exploring a central bank digital currency, central bank officials said.
