Russia

Russia Begins Piloting Digital Gold System for International Settlements

March 7, 2025 Bitcoin.com

bitcoin.com

The program, currently in its pilot stages, is part of a test to examine the feasibility of using gold assets for finalizing international exchanges involving Russia. Capital Lab partner Evgeny Shatov stated that digital gold assets can help the nation bypass sanctions and reduce its dependence on the dollar. Russia Is Testing Digital Gold-Based International […]

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Russia Explores Creating Regulated Crypto Market for Super Qualified Investors

March 7, 2025 Bitcoin.com

bitcoin.com

Russia is pushing forward with a regulated cryptocurrency market, limiting access to “super-qualified” investors under a strict legal framework to ensure financial stability and security. Russia’s Crypto Overhaul: Strict New Market May Change Everything The Russian Finance Ministry and central bank are discussing the creation of a regulated cryptocurrency trading market for highly experienced investors, […]

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Garantex Website Replaced by Feds’ Seizure Notice in Coordinated Cyber Operation

March 6, 2025 Bitcoin.com

bitcoin.com

The U.S. Secret Service, collaborating with global law enforcement partners, confiscated the website of Garantex, a Russian cryptocurrency platform accused of enabling illegal financial activities. Previously sanctioned by the U.S. and EU for its alleged role in laundering funds, the exchange abruptly halted operations post-seizure and disclosed that Tether had immobilized $28 million in digital […]

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Russian Crypto Exchange Garantex Halts Services As Tether Targets Sanctioned Wallets

March 6, 2025 The Daily Hodl

Altcoins

Sanctioned Russian crypto exchange Garantex is announcing the suspension of its operations after Tether blocked its platform’s wallets. In a new Telegram announcement on Thursday, the Russian exchange says that Tether has blocked Garantex’s wallets, which contained over 2.5 billion rubles, about $28 million. “Dear users! We have bad news. Tether has entered the war […]

The post Russian Crypto Exchange Garantex Halts Services As Tether Targets Sanctioned Wallets appeared first on The Daily Hodl.

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Russian Exchange Garantex Halts Services as Tether Freezes $28M in USDT Tokens 

March 6, 2025 Bitcoin.com

bitcoin.com

Tether, the largest stablecoin issuer, has immobilized roughly $28 million in USDT tokens on Garantex, a cryptocurrency platform based in Russia. This measure corresponds with the European Union’s sanctions against Garantex, which allege ties to Russian governmental entities and illicit networks, particularly amid Russia’s military operations in Ukraine. Garantex Warns Users: ‘All USDT in Russian […]

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Russia Could Develop a Crypto Reserve—Expert Discusses Timeline

March 6, 2025 Bitcoin.com

bitcoin.com

Russia could develop a cryptocurrency reserve within one to three years, a top mining executive claims, as U.S. policy shifts fuel global interest in crypto’s financial potential. Crypto Reserve in Russia? Industry Insider Says It Could Happen in 1-3 Years As more countries consider buying bitcoin following U.S. President Donald Trump’s plan to make the […]

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

France Warns: Seizing Russian Assets Could Wreck Europe’s Economy

March 5, 2025 Bitcoin.com

bitcoin.com

France is resisting calls to seize frozen Russian assets for Ukraine aid, warning that confiscation would violate international law, destabilize the eurozone, and set dangerous economic precedents. France Stands Firm Against Seizing Russian Assets for Ukraine Aid France remains opposed to seizing frozen Russian assets to fund military aid for Ukraine, warning that such a […]

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Russian Central Bank Governor Says Interest in Smart Contracts Rising, Hints at Rollout of New Digital Ruble

March 3, 2025 The Daily Hodl

Blockchain

Russia’s central bank says that there is growing interest in smart contracts from the country’s banks, businesses and government. In a new speech to the Association of Russian Bank, Elvira Nabiullina, the governor of the Central Bank of Russia, says that a pilot for the digital ruble is “going well.” She says that a group […]

The post Russian Central Bank Governor Says Interest in Smart Contracts Rising, Hints at Rollout of New Digital Ruble appeared first on The Daily Hodl.

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Russia Hits Pause on Digital Ruble—Mass CBDC Adoption Delayed

March 2, 2025 Bitcoin.com

bitcoin.com

Russia’s digital ruble rollout is delayed as the central bank refines its economic model, despite a successful pilot with 15 banks, 1,700 citizens, and 30 businesses participating. Bank of Russia Delays Digital Ruble Rollout The Bank of Russia has delayed the full-scale rollout of its central bank digital currency (CBDC), the digital ruble, which was […]

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend

Putin Eyes Western Companies’ Comeback as US-Russia Tensions Shift

February 24, 2025 Bitcoin.com

bitcoin.com

As Russia anticipates a possible return of Western corporations, President Vladimir Putin has instructed his cabinet to prioritize domestic firms over foreign businesses seeking to re-enter the market. This move follows economic sanctions imposed after Russia’s 2022 invasion of Ukraine, which led to the departure or downsizing of over 1,800 foreign companies. Recent talks between […]

Read more

NFT sales plunge 63% in Q1, but Pudgy Penguins, Doodles buck trend