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Crypto News & Updates

Russia

Russia is Revolutionsing the Way for Crypto in Global Trade: A Bold Step Forward

Key Takeaways: Revolutionizing Cross-Border Trade In a significant pivot, Russia is harnessing the power of Bitcoin and other cryptocurrencies to navigate Western sanctions and maintain international business operations. Finance Minister Anton Siluanov revealed this week that Russian companies are actively…

Russia to Impose Crypto Mining Ban: A Move to Address Energy Shortages

Russia has announced a draft resolution to restrict cryptocurrency mining across select regions, citing energy shortages and inequitable electricity pricing. The ban is set to take effect on January 1, 2025, and extend until March 15, 2031, with the aim…