#Russia

Highlights: Russia plans stricter oversight of large cross-border crypto payments through automatic reporting to Rosfinmonitoring from September. New rules lower the crypto transfer reporting threshold to 60,000 rubles and require more user information. Banks face a 1% crypto exposure cap […]

Highlights: Russia’s Alfa-Bank has revealed plans to launch crypto services for customers and businesses under the nation’s new digital asset rules. The bank also plans to attract foreign investors to Russia by launching new financial products that could compete globally. […]

Highlights: Russia’s crypto bill moves closer to second reading after lawmakers backed the draft for further review. The bill adds court protection, safer wallet reporting, fraud checks, and limits for regular investors. New rules may let Russian brokers access foreign […]

Highlights: Sanctioned countries used cryptocurrency to move about $100 billion outside traditional banking channels last year. Russia, Iran, and North Korea built custom tokens and exchanges to support restricted payments. Authorities are targeting illicit crypto platforms, but private networks make […]

Highlights: The EU plans to ban transactions involving 11 crypto platforms as part of its latest sanctions package against Russia. The sanctions now target more banks, oil traders, ports, airports, and crypto-related services in Russia. Regulators have increased scrutiny of […]

Highlights: Russia will allow retail investors to trade only Bitcoin, Ethereum, and USDT under its new crypto framework. Russian retail investors will face a 300,000-ruble annual crypto investment limit and a mandatory knowledge test. Domestic stablecoins could become the first […]

Highlights: Bitcoin is holding above the key $75,527 support, while rising volume shows a strong fight between buyers and short sellers. The U.S. sanctions pause on Russian oil helped calm risk markets and supported Bitcoin after the recent selloff. Higher […]

Highlights: A7A5 says it can still serve businesses as a ruble-based trade payment tool beyond sanctions. Oleg Ogienko says faster transfers, lower costs, and 13.5% yield could support demand. Compliance risks and unclear Russian rules remain the biggest hurdles for […]

Highlights: Russia’s State Duma passed the first reading of a bill to tighten crypto oversight. The proposal gives Russia’s central bank broader control over licensed crypto trading platforms. Crypto stays banned for local payments, but may be used in foreign […]

Highlights: Russia is planning jail terms and fines for unlicensed crypto firms operating without central bank approval. Russian authorities aim to control $129 billion in annual crypto flows moving through offshore platforms. The proposed law may split Russia’s crypto market […]

Highlights:  Russian crypto exchange Grinex suffered a serious crypto exploit on April 16. The exchange has confirmed the incident, stating that it lost over 1 billion rubles. On-chain investigations revealed that the attack affected about 70 wallets and another exchange […]

Highlights: Russia will study a ruble stablecoin before making any launch decision. Sanctions and trade pressure have pushed Moscow to review digital settlement tools. Banks are preparing crypto services as regulators tighten transaction reporting rules. Russia’s central bank has opened […]