Bank of Russia Legalizes Crypto Investment for “Qualified Investors”

🇷🇺

According to a deposit of May 28, 2025 by Bank of Russia, FInancial institutions can offer “Qualified investors “financial derivatives, securities and digital financial activities whose returns are linked to cryptocurrency prices. In particular, this is a three -year experiment. In a press release, Bank of Russia said that the key condition is that these … Read more

Stablecoins Predicted To Hit $2 Trillion By 2028: Russia The Latest Nation Exploring Its Own Stablecoin

💥

According to Othman Kabaliv, Vice President of the Russian Finance Ministry, stated that the country must develop its Stablecoin. In the wake of a recent freeze on a governor linked to the Russian exchange that was approved by the American authorities and the source of Stablecoin, it is claimed that Russia is exploring the creation … Read more

Russia Contemplates “A Special Fund” For Confiscated Crypto

🇷🇺

Russia is considering using the cryptocurrency confiscated in the criminal procedures “for the benefit of the state. The country may move forward in plans to create a government currency box using the assets confiscated from criminal procedures. On March 20, 2025, Evgeny MasharovA member of the Committee of the General Chamber of the Russian Federation … Read more

Russia Is Using Bitcoin And Crypto For Its Oil Trades With China And India

Russia Is Using Bitcoin And Crypto For Its Oil Trades With China And India

Among the ongoing penalties on the war in Ukraine, Russia turned to Bitcoin and other cryptocurrencies to facilitate part of its oil trade with the main buyers China and India. According to a Reuters report, Russian oil companies and merchants make more and more transactions in Bitcoin and Crypto, allowing them to get around the … Read more

Russia and Iran Turn to Crypto to Dodge Sanctions in Oil Trade

🇷🇺

While the western sanctions are tightening, Russia and Iran are finding creative ways to keep their economies guided by oil using the cryptocurrency. Russia, with its $ 192 billion annual oil trade and Iran, once an important oil exporter, is taking advantage of digital currencies as a bitcoin to circumvent financial restrictions, remodeling global trade … Read more

Russia Holds Off On Including Bitcoin In Strategic Reserve, Future Reconsideration Possible

🇷🇺

The Russian Ministry of Finance revealed that it is not currently planning to include cryptocurrencies in the strategic reserve due to the fluctuations fears. However, Deputy Finance Minister Vladimir Colettev suggested that this position could change as soon as liquid assets in the fund reach a level equivalent to 7-10 % of GDP in Russia … Read more

Russia Explores Digital Financial Assets For Foreign Trade, Finance Minister Confirms

🇷🇺

Russia is promoting the use of digital financial assets (DFA) for foreign trade. The country is ready to take advantage of the new legislation to experiment with innovative payment systems. Finance Minister Anton Siluanov confirmed in an interview on December 25, 2024 on Russia-24 that DFA and Bitcoin are used in international trade under the … Read more