RUSSIA
Crypto Market Crashes after Putin Announcing Military Operations against Ukraine
The crypto market is full of bearish sentiment, right after Russia launched the latest military operation against Ukraine. Bitcoin has fallen over 8%, whereas Ethereum has plunged over 10%.
Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions
Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.
Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis
Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.
Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank
Russia's finance ministry has said that it is willing to take suggestions on cryptocurrencies from the country's central bank but they should not clash with their approach.
Ukraine Legalizes Bitcoin amid Intensified Tension with Russia
The Ukrainian parliament unanimously voted to legalize Bitcoin and cryptocurrencies by passaging a Virtual Assets law on Thursday, amid the intensified tension with the potential military conflicts with Russia.
Russian FM says No to Crypto Ban
Russian Finance Minister Anton Siluanov said that cryptocurrencies should not be banned as advocated by the central bank but instead the government should fix the ongoing crypto regulation predicament.
Ukrainian Volunteer Groups Receive Bitcoin Donations amid Tension with Russia
Ukrainian volunteer groups and related NGOs are receiving Bitcoin donations, given that Russia has marshalled at least 100,000 troops on the border.
Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report
Data collected from Russian authorities showed that the country could earn $13 billion each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.
Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities
New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies
Russian Finance Ministry Believes Crypto Should be Regulated not Banned
The Ministry of Finance in Russia believes that the ban on crypto-assets should be shelved. Proper regulations would provide both transparency and protection to citizens.
Bitcoins Rebounds after Witnessing 6 Month Lows due to FUD, Standing around $36K
Subject to fears of a Russian invasion of Ukraine and the possibility of raising the interest rate from the U.S. Fed meeting last week, Bitcoin rebounded during the Asia trading session after it tumbled to its lowest in six months.
Private Cryptocurrencies May Soon Vanish From Russia
According to Russia's TASS news agency, Bank of Russia Deputy Governor Vladimir Chistyukhin signalled that private cryptocurrencies may soon go out of existence in the financial markets.
Digital Rubble Prototype to be Introduced in Early 2022
In line with the development of its Central Bank Digital Currency (CBDC) dubbed the Digital Rubble, the Central Bank of Russia is set to launch a prototype platform for the new form of money in early 2022.
Russian Top Digital Bank Tinkoff Explores Crypto Investment Services
Despite Russia’s Central Bank imposed ban and restrictions on cryptocurrency usage in the country, Tinkoff bank is examining potential cryptocurrency investments services to offer to its clients.
Russia Considering to Impose Special Energy Tariffs on Cryptocurrency Miners
Russia is looking to impose special energy tariffs on crypto miners paying more, who are being accounted for massive electricity consumption.