Global #Russia

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.

A letter to Finance Minister Anton Siluanov from influential policymaker Alexey Tkachev has reignited the discussion on Bitcoin's role in national reserves.

Russian President Vladimir Putin has recognized Bitcoin's resilience, calling it "unstoppable" during a recent forum in Moscow.

​Russia's Federation Council has given its approval to a bill that will introduce a new tax regime for cryptocurrency transactions and mining activities.

Russian authorities are set to introduce significant restrictions on cryptocurrency mining in regions of Ukraine under its control, marking a new regulatory step in the country’s ongoing response to its energy challenges amid the war.

Russia is embarking on an ambitious project to build Bitcoin mining and AI computing facilities in collaboration with other BRICS nations, a move that could inspire similar initiatives worldwide.