Russia

The Bank of Russia will reportedly permit domestic banks to engage in limited crypto activities under strict oversight.

Sberbank would act as a custodian, guaranteeing the security of assets and providing safeguards against hacking and unauthorized access.

Russia's largest exchange, The Moscow Exchange has launched Bitcoin futures trading, targeting qualified investors.

Sberbank, the largest bank in Russia, has launched a new structured bond that ties investor returns to the performance of Bitcoin and the U.S....

The Ministry of Finance and the Bank of Russia are developing a new crypto exchange as part of an experimental legal regime—open only to elite investors, with potential changes to access requirements under discussion.

Russia is turning to bitcoin and crypto to facilitate oil trades with China and India, circumventing sanctions imposed on Ukraine.

The document would see Russia create a bitcoin reserve similar to its traditional currency reserves.

Putin wanted "to seize the moment" in creating regulation for digital asset mining.

However, the new law doesn't lift the existing ban on crypto payments inside the country.

While fighting a legal battle with the SEC, troubled crypto exchange Binance has sold off their entire business in Russia to a possible shell company.