Global #Russia

The legalization of Bitcoin mining in Russia has ignited a surge in demand for specialized mining equipment, according to local media Prime.

Reports of rampant illegal cryptocurrency mining in Abkhazia, fueled by electricity provided by Russia, have sparked outrage among Russian citizens.

The Russian government has taken a significant step towards embracing cryptocurrency, approving the use of Bitcoin (BTC) and other digital financial assets (DFAs) in international trade.

A letter to Finance Minister Anton Siluanov from influential policymaker Alexey Tkachev has reignited the discussion on Bitcoin's role in national reserves.

Russian President Vladimir Putin has recognized Bitcoin's resilience, calling it "unstoppable" during a recent forum in Moscow.

​Russia's Federation Council has given its approval to a bill that will introduce a new tax regime for cryptocurrency transactions and mining activities.