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Bank of Russia to Permit Limited Bitcoin and Crypto Operations for Domestic Banks

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

Russia’s Sberbank Plans to Launch Bitcoin and Crypto Custody Services

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

Moscow Exchange Launches Bitcoin Futures For Qualified Investors

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

Sberbank, Russia’s Biggest Bank, Launches Structured Bond Tied to Bitcoin 

Jenna Montgomery -
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....
NEWS

Russia’s Finance Ministry and Central Bank to Launch Crypto Exchange for “Super-qualified Investors”

Nik -
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.
NEWS

Russia Is Using Bitcoin and Crypto For Its Oil Trades with China and India

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

Russian State Duma Deputy Proposes Strategic Bitcoin Reserve

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

Putin Signs Law Legalizing Cryptocurrency Mining in Russia

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

Russia Legalizes Bitcoin And Crypto for International Trade To Bypass Sanctions

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

Amidst Legal Battle, Binance to Exit Russia

Landon Manning -
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.
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