Russia is preparing to trial cryptocurrency payments for imports linked to military and civilian applications. This initiative, part of the country’s broader effort to bypass international sanctions, involves key stakeholders from government agencies and businesses. According to reports from Vedomosti, the Russian Chamber of Commerce and Industry, the Association of
Aptos (APT) and XRP are having a rough time, but there’s one crypto that’s turning heads: BlockDAG! While Aptos is stuck in a price slump and XRP struggles to hold its market cap, BlockDAG is making big moves that have traders talking. BlockDAG’s recent deal with Borussia Dortmund hints at
The Moscow Exchange (MOEX), Russia’s largest exchange group, has chosen not to participate in a pilot cryptocurrency trading program. Even though the recent legislation allows digital currencies under the supervision of the Central Bank of Russia. This decision was confirmed by Nikolai Trunichkin, MOEX’s head of digital projects. While MOEX
Russian authorities have confiscated 238 mining rigs from a community that is said to be entirely focused on gardening. The Irkutsk region in Southeastern Siberia has become the unofficial capital of the Russian Bitcoin mining sector, where illegal crypto mining continues. This is due to its famously low energy rates,
Recent developments in the crypto world have put the spotlight on three key altcoins. Cardano’s much-awaited Chang Hard Fork has faced a delay, stirring mixed reactions among investors as they await its impact. Meanwhile, Chainlink (LINK) grapples with price challenges and fluctuating support levels, raising questions about its near-term direction.
In the fast-paced world of cryptocurrencies, strategic moves can catapult a project to new heights or send it spiraling. Recently, Axie Infinity has ramped up efforts with a Data Hackathon aimed at bolstering governance within its platform. Concurrently, Immutable (IMX) is enjoying a spike in its market value, fueled by
Russia is planning to launch two new cryptocurrency exchanges to bolster its foreign trade (FT) activities. The exchanges will be established in Moscow and St. Petersburg, aiming to create secure platforms for cryptocurrency transactions aligned with international trade practices. In St. Petersburg, the new exchange will be based on the
A piece of legislation to legitimize Bitcoin (BTC) and crypto mining was adopted by Russian President Vladimir Putin on August 8th. As part of its foreign policy, the nation is working to lessen its need for the US currency. Approved mining enterprises will be able to register via a state
A law to legitimize Bitcoin mining has reportedly been passed by Russia’s Duma. This measure, which was approved on the first reading, lays the groundwork for a digital currency mining sector that is regulated. A major change in the country’s stance toward cryptocurrencies is marked by the measure. Which seeks
The global cryptocurrency market has maintained stability and is witnessing a slight recovery. Meanwhile, Binance, the world’s largest cryptocurrency exchange, has made the decision to sell its Russian unit as part of its strategic exit from the Russian market. Over the past 24 hours, the cryptocurrency market has displayed significant
