BRICS explores digital currencies for investments, introduces blockchain-based BRICS Pay, and expands its membership with new strategic initiatives.
Marat Tambiyev received a 16-year prison sentence for accepting 1,032 bitcoins as a bribe from hackers.
Russia mined 54,000 Bitcoins in 2023, generating $556 million in taxes. New crypto mining laws from November aim to boost further investment.
Russia begins trials of crypto exchanges on September 1, using the National Payment Card System to address sanctions-related payment challenges.
Russia is advancing its crypto strategy with plans to launch two exchanges in Moscow and St. Petersburg, targeting global trade.
Russia legalizes Bitcoin mining under new laws signed by President Putin, allowing registered entities to mine and trade cryptocurrency.
Russia's new law formalizes cryptocurrency mining, integrates it with energy policy, and allows trading foreign digital assets.
The US and Russia leverage Bitcoin differently amid geopolitical tensions, reshaping their economic strategies and landscapes.
Malaysia is applying to join BRICS, aiming to diversify its economy. Supported by Russia, this move could boost trade, investment, and global standing.
Russia's parliament advances a bill for crypto trade and considers mining legalization by September 2024, amid energy consumption concerns.
Russia proposes regulated crypto trading for qualified investors on major exchanges like Moscow and St. Petersburg, emphasizing readiness and legal setup.
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