Russian Central Bank Says It’s Winning War Against P2P Crypto Exchanges

cryptonews.com The Russian Central Bank claims that it is winning its battle against peer-to-peer (P2P) crypto exchanges. According to RBC, the bank says its “fight against the illegal…

BRICS: 2 Countries Pay 80% of Trade in Local Currencies, Not US Dollar

watcher.guru BRICS member Russia confirmed that it has settled 80% of trade with its neighboring country Kazakhstan in local currencies and not the US dollar. Russian President Vladimir…

Trump Warns BRICS Against Move To Replace USD; Threatens For 100% Tariffs

coinpedia.org The post Trump Warns BRICS Against Move To Replace USD; Threatens For 100% Tariffs appeared first on Coinpedia Fintech News In a recent development, President-elect Donald…

BRICS Alliance Expands: Russia Confirms No Partner Declines

news.bitcoin.com BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian…

Bitcoin Is Flying High

decrypt.co Some countries are mulling a national Bitcoin reserve amid a historic market run-up that has pushed the world’s largest cryptocurrency to new heights in recent weeks. United…

BRICS: Expert Says Talk of US Dollar Demise is Overstated

watcher.guru Despite the BRICS bloc’s ongoing attempts to lessen Western reliance economically, one expert has said that the whispers of a US dollar demise are greatly overstated as the…

Russia Officially Classifies Bitcoin As Property With New Legislation Signed By Putin

bitcoinist.com In a major move towards successfully regulating digital assets in the country, Russian President Vladimir Putin has signed a law that creates a new legal framework for…

Russia Advances Crypto Taxation Bill, Awaiting Putin’s Signature

cryptopotato.com Russia is one step closer to implementing a comprehensive framework for taxing cryptocurrency transactions and mining. Its Federation Council approved a federal bill on…

Dollar’s Role Shrinks as 80% of Russian Export Revenues Shift to Non-Toxic Currencies

news.bitcoin.com Russia’s central bank, the Bank of Russia, has revealed that over 80% of major Russian exporters’ revenues are now denominated in rubles and “friendly” currencies, marking a…

Putin Signs Law Declaring Crypto as Property in Russia

news.bitcoin.com Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting…

‘Point of No Return:’ BRICS Profiles Native Payments System for a ‘Global Majority’

news.bitcoin.com Sergey Ryabkov, deputy foreign minister of Russia and BRICS Sherpa, reinforced that the BRICS bloc had reached a point of no return in the process of adopting a native and…

Russia Recognizes Crypto as Property, Imposes New Tax Rules on Mining

cryptonews.com Russian President Vladimir Putin has signed a federal law introducing a new tax rule on crypto mining while granting legal recognition to digital currencies as property. The…

Stablecoin Set For Approval In New York

watcher.guru could see their stablecoin receive regulated approval very soon, according to a Fox Business report. New York’s top crypto regulator is close to greenlighting a new…

Ripple XRP Surges 20%, Passes BNB As 5th Largest Crypto

watcher.guru Ripple XRP is on a surge over the last 24 hours, climbing 20% on the day and also climbing the cryptocurrency market cap chart. Ripple Labs’ native cryptocurrency indeed…

Russia President Putin Signs Law Recognizing Bitcoin and Crypto as Property, Exempting Them from VAT

thecryptobasic.com Today, Russian President Vladimir Putin approved new legislation establishing a taxation framework for cryptocurrencies, recognizing digital assets like Bitcoin as property.…

Top Russian Lawmaker Rules Out Creating a National Bitcoin Reserve

cryptonews.com Russia’s most senior crypto legislation architect has ruled out the creation of a national Bitcoin reserve. In an interview with the country’s Parliamentary Gazette, Anatoly…

Bank of Russia: Citizens still hold $6.8b in crypto on exchanges

crypto.news Russian crypto holdings on centralized exchanges still worth billions despite volatility, Bank of Russia reveals. Russian crypto holdings on centralized exchanges still…

Russia officially recognizes crypto as property with new tax law

crypto.news Russian President Vladimir Putin has signed into law a federal bill introducing taxes on cryptocurrency transactions and officially recognizing cryptocurrencies as property.…

Bitcoin Miners To Pay 13%-15% Tax As Russia’s Upper House Approves Landmark Crypto Bill

bitcoinist.com Russia’s Federation Council – the country’s upper house of parliament – has approved a landmark cryptocurrency taxation bill. Among its key provisions, the legislation…

BRICS: 2 Countries Officially Abandon the US Dollar for Trade

watcher.guru BRICS members Russia and Iran announced that they have officially abandoned the US dollar for trade between the two nations. Russia reported that 96% of all cross-border…

Russian President Putin Signs Game Changing Crypto Taxation Law

coingape.com Russian President Vladimir Putin has signed the final law on crypto taxation while recognizing digital assets as property. This taxation law will also be applicable for…

Russia’s New Crypto Tax Law, Crypto Mining, and Sales Now Tax-Free!

coinpedia.org The post Russia’s New Crypto Tax Law, Crypto Mining, and Sales Now Tax-Free! appeared first on Coinpedia Fintech News Russia has taken a bold step in regulating its booming…

Russia Officially Recognizes Bitcoin & Crypto As Property

watcher.guru Russia has been doubling down on its interest in cryptocurrencies like Bitcoin (BTC). According to recent reports, digital currencies are now formally recognized as a type…

Putin signs law deeming crypto as property exempt from VAT

protos.com Hot on the heels of approving crypto mining regulations in Russia, President Vladimir Putin has inked a new law that classifies cryptocurrency as property, allowing its use…

Putin signs law recognizing Bitcoin and crypto as Property

finbold.com Russian President Vladimir Putin has taken a bold step in embracing the digital economy by signing a law that officially recognizes digital assets such as Bitcoin as a form…

Putin signs law recognizing digital assets as property, exempting crypto mining and sales from VAT

cryptobriefing.com Russian President Vladimir Putin has signed a new law that designates digital assets as property for use in foreign trade settlements. Under the new regulations, crypto…

Ruble Plunges to New 2024 Low After US Imposes Sanctions Targeting Russian Banks

news.bitcoin.com The Russian ruble weakened after the U.S. imposed new sanctions on Russian banks. Europe Reduces Reliance on Russian Gas The Russian ruble fell to its lowest level since…

Analysts: Gold Transactions Fuel Russian Shadow Trading Payments

news.bitcoin.com Gold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third…

Amid Bitcoin Surge, Russia Approves New Framework For Crypto Tax

99bitcoins.com Russia’s Federation Council has approved a new taxation framework for digital currencies. Importantly, the legislative comes as Bitcoin reaches unprecedented highs against…

De-Dollarization: Countries That Are Cutting Ties With the US Dollar

watcher.guru The US dollar has reigned as the world’s reserve currency for quite some time now. In order to bring the dollar out of this dominant position, several nations have been…

Russia Passes Bill Taxing Crypto Transactions, Exempts Miners from VAT

cryptonews.com Russia is poised to introduce landmark cryptocurrency regulations after the Federation Council, the upper house of its parliament, approved a comprehensive tax bill aimed at…

Bitcoin Won’t Hit $400,000 This Cycle, VanEck CEO Reveals Realistic Price Target

newsbtc.com In an interview with Mario Nawfal, Jan van Eck, CEO of $118 billion global asset manager VanEck, offered an analysis of Bitcoin’s potential trajectory, the US fiscal…

Russian Lawmakers Approve Crypto Tax Bill: Miners to Pay 13-15% on Revenues

cryptonews.com Russian Lawmakers have approved the government’s crypto tax bill, meaning industrial Bitcoin miners will soon have to pay levies on their revenues. The media outlet…

BRICS: Why Trump Won’t Stop Alliance From Ditching US Dollar

watcher.guru Although there is a growing sentiment that the BRICS bloc has shifted its focus amid the 2024 presidential alliance outcome, there are many experts who believe that Donald…

Jailed dev Alexey Pertsev gets a boost from ‘relevant’ Tornado Cash ruling

dlnews.com Alexey Pertsev just got some help from an unlikely source. One day after a US court ruled in favour of Tornado Cash users, a lawyer for Pertsev, the dev imprisoned in the…

Irani central bank eyes CBDC, fintech progress to combat sanctions

cryptoslate.com Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking infrastructure and enhance…

Crypto as the New Alternative? Lessons from Global De-dollarization Strategies

watcher.guru De-dollarization is changing global finance in 2024. BRICS nations are moving away from the US dollar. They’re turning to cryptocurrency and Bitcoin instead. New data shows…

Iran’s Digital Rial Nears Rollout: Is This a CBDC Game-Changer?

watcher.guru Iran’s Digital Rial enters the digital currency adoption space with the Central Bank of Iran’s launch announcement. The CBDC Iran project updates the country’s money system.…

‘China’s Digital Yuan Has Failed, and Has Weakened Xi’

cryptonews.com A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi Jinping’s “weakening power.” The report was published in the…

New Oil-Rich Middle Eastern Country Extends Support to BRICS

watcher.guru The BRICS alliance is gaining the support of oil-rich Middle Eastern countries in its aggressive global push towards de-dollarization. The bloc inducted oil exporting…

Russia’s Tokenization Move: A Strategy for De-Dollarization?

watcher.guru De-dollarization drives Russia’s current economic changes. To counter sanctions, Russia uses asset tokenization and new payment methods. These steps affect global trade and…

Russian Power Provider Busts ‘Illegal 110-Rig Crypto Mining Farm’

cryptonews.com The Russian power provider Rosseti is stepping up its crackdown on illegal crypto mining, and has seized 110 rigs in a major raid. The raid was carried out in Makhachkala,…

New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn

news.bitcoin.com U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by…

TFTC

tftc.io In this episode of TFTC, geopolitical analyst Tom Luongo examines Europe's economic collapse and its global financial impact, forecasting a "massive Safe Haven trade" where…

BRICS: Why 2025 Could be the End of its De-Dollarization Efforts

watcher.guru Despite being the BRICS focus over the last two years, 2025 could mark the end of the alliance’s de-dollarization efforts. Although the bloc has sought increased financial…

DOJ Charges Five in ‘Scattered Spider’ Crypto Phishing Case

decrypt.co The U.S. Department of Justice (DOJ) has charged five men for allegedly targeting the employees of multiple companies with phishing campaigns. According to a recent…

The Hunt for the Russian Trace: Chinese Banks Implement Stricter Compliance for Foreign Payments

news.bitcoin.com Chinese banks have implemented additional compliance measures for payments from the United Arab Emirates (UAE), India, and Hong Kong, which have traditionally served as…

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

news.bitcoin.com Russia has revealed that it will respond in kind to the actions of Western governments, which are preparing to make a $50 billion loan to Ukraine collateralized by frozen…

Bitcoin Price Nears $100K: Charles Schwab’s Crypto Plans & MicroStrategy’s $3B Investment Boost Market

cryptonews.com Bitcoin price is approaching the pivotal $100,000 mark, driven by growing institutional activity and market-shifting announcements. Charles Schwab’s plans to expand into…

150 Russian Firms Have Already Applied for Crypto Mining Permits, Says Gov’t

cryptonews.com Russian firms are rushing to apply for crypto mining permits, the state tax body has confirmed, with 150 applications already filed. RBC reported that the Federal Tax…

Russia Legalizes Crypto Mining: How It Helps Evade Sanctions

watcher.guru Russia’s crypto mining has become a key weapon against Western sanctions. The country is now the second-largest Bitcoin mining center after the United States. A new law from…

Bitcoin Bull Market May Drive Russian Miners Underground

news.bitcoin.com The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if…

Know Your Missiles: Russia’s Experimental Hypersonic Missile Is A New Kind of Killing Machine

decrypt.co Whether it was a long-range Intercontinental Ballistic Missile, as originally feared, or an experimental intermediate-range hypersonic missile, as now believed, Russia’s war…

Putin Wants Russian Regions With Excess Power to Mine Crypto

cryptonews.com President Vladimir Putin says Russian regions with excess power should mine crypto. But he also warned that miners should steer clear of areas where grids are under strain.…

Winter Power Strain Prompts Russia To Restrict Crypto Mining In Key Regions

bitcoinist.com Russia has taken steps to limit cryptocurrency mining in specific regions to address potential energy shortages during the winter months. The government commission…

Russia Imposes Winter Ban on Crypto Mining in Key Regions to Conserve Energy

cryptopotato.com In an effort to tackle electricity shortages, Russian officials disclosed plans to suspend cryptocurrency mining in several regions this winter. The ban will impact the…

Russia Bans Crypto Mining In Russia-Occupied Ukraine Territories, Cites Energy Shortage

99bitcoins.com Russia announced sweeping restrictions on cryptocurrency mining across various regions on 19 November 202. The restrictions include occupied territories in Ukraine. Russia…

Russia President Vladimir Putin Approves Crypto Mining Restrictions

coingape.com Russian President Vladimir Putin has approved new measures to restrict cryptocurrency mining in several regions to address energy supply concerns. These restrictions are…