Global #Russia

Ukraine has stepped up efforts to cut off Russia’s access to cryptocurrency networks by imposing new sanctions targeting over 70 individuals and 60 companies alleged to be helping Moscow bypass financial restrictions through digital assets.

In a significant move to tighten control over its domestic crypto industry, Russia’s Ministry of Energy has announced the launch of a national cryptocurrency mining equipment registry.

After years of preparation and pilot testing, the Bank of Russia is officially preparing to launch its central bank digital currency (CBDC), the digital ruble, with large-scale implementation set to begin on September 1, 2026.

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.