Russia

In a recent statement, CommEx, which has just taken over Binance’s Russian unit, clarified that while it isn’t a subsidiary of Binance, some of its key team members were formerly...Read More

Russian authorities have reportedly taken into custody an entrepreneur and prominent “crypto influencer” dubbed Bitmama, also referred to as the “Queen of Crypto,” on charges of fraud. Sources, including Moskvich...Read More

The Central Bank’s plans for a Central Bank Digital Currency (CBDC) in Western Russia have been met with significant skepticism. According to a report by Lipetsk News, a survey conducted...Read More

An illicit cryptocurrency miner in Russia has been accused of causing significant harm to a local power grid and pilfering approximately $225,000 worth of electricity, according to allegations made by...Read More

Binance has severed ties with five Russian banks facing sanctions, ceasing their function as transfer options for ruble transactions on the exchange’s peer-to-peer service. On August 22, The Wall Street...Read More

The Russian Central Bank is set to test its digital ruble on Moscow’s renowned metro system, indicating significant momentum in the nation’s CBDC (Central Bank Digital Currency) initiative. Earlier in...Read More

A majority of Russians express skepticism or indifference towards the digital ruble, Russia’s Central Bank Digital Currency (CBDC), according to a recent survey. BankInform, a media and information service provider,...Read More

The head of a Russian government agency has confirmed that national bailiffs will have the authority to seize digital rubles from citizens. This comes as the country prepares for a...Read More

Russian regions are responding positively to the announcement that the country’s digital ruble pilot is scheduled to officially begin on August 1. However, according to banks and officials, a comprehensive...Read More

A prominent Russian lawmaker has suggested that the Central Bank Digital Currencies (CBDCs) of China and Russia could potentially be “compatible” and might facilitate international transactions between the two countries....Read More