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The European Union has taken a major step in restricting Russia’s access to digital assets by imposing full sanctions on the Russian cryptocurrency exchange Garantex. This is the first time the EU has directly sanctioned a Russian-based crypto platform, blocking it from the European financial system. The move is part of the EU’s sixteenth package

Rosseti, Russia’s largest energy provider, is shifting gears to launch crypto mining operations. By allowing power supply centers with spare capacity to collaborate with mining firms, Rosseti aims to develop mining initiatives at centers with low utilization prospects. According to reports from the Russian news agency TASS, Rosseti plans to act as the coordinator for

Russia’s Bitcoin mining demand triples amid regulatory shifts and price rally Oluwapelumi Adejumo · 18 hours ago · 2 min read Surge in Bitcoin prices and regulatory clarity triple the demand for mining equipment in Russia. 2 min read Updated: Jan. 13, 2025 at 4:12 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content

Homepage > News > Finance > Russia’s CBDC faces opposition; T-Bank dabbles in tokenization The Bank of Russia (BoR) has shared its central bank digital currency (CBDC) business model, which includes free consumer-to-consumer payments. However, local banks are fighting back, accusing the government of planning to put them out of business. Two years ago, Russia’s

EU Seizure of Russia's Assets Could Erode Euro's Reserve Status – Economics Bitcoin NewsYou need to enable JavaScript to run this app. Kevin HelmsRead...

This is today's edition of The Download, our weekday newsletter that provides a daily dose of what's going on in the world of technology. How Russia killed its tech industry In the months after Vladimir Putin announced the invasion of Ukraine, Russia saw a mass exodus of IT workers. According to government figures, about 100,000 IT specialists

Joe Biden’s surprise visit to Kyiv to meet Volodymyr Zelensky on Feb. 20, four days before the first anniversary of Russia’s invasion of Ukraine, was short on time – the U.S. president spent only around five hours in the capital – but long on symbolism. It was no coincidence the 80-year-old chose Presidents’ Day to

MS-23, the Soyuz spacecraft Russia sent to bring cosmonauts Sergey Prokopyev and Dmitry Petelin and NASA astronaut Frank Rubio back to Earth, has arrived at the International Space Station. Per Space.com, Russia’s Roscosmos Space Agency announced early Sunday morning that the unmanned vessel docked with the ISS at 7:58PM ET on Saturday evening. As expected