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An aide to the Russian President has stated that cryptocurrency mining is a major factor causing inaccurate ruble exchange rate forecasts, calling it a “new, undervalued export item.” Undervalued Export and Hidden Currency Flows Maxim Oreshkin, Deputy Chief of Staff of the Presidential Executive Office and a key economic aide to Russian President Vladimir Putin, … Read more
UAE police recovered the bodies of Russian crypto blogger Roman Novak and his wife, Anna, in a high-profile case involving alleged kidnapping, torture, and murder over cryptocurrency. Extortion and Disappearance The bodies of Russian crypto blogger Roman Novak (38) and his wife, Anna (37), were reportedly recovered in the United Arab Emirates (UAE) by law … Read more
Russian police arrest multiple suspects accused of kidnapping and killing a St. Petersburg crypto investor and his wife in the UAE. Russia’s Interior Ministry announces arrests across several regions on 8 November 2025 of suspects allegedly linked to the October kidnapping and murder of St. Petersburg crypto investor Roman Novak and his wife Anna, who … Read more
Euroclear, one of Europe’s leading clearinghouses, has implemented a procedure allowing Russian investors to unfreeze their assets without an OFAC license. The move opens a path to potentially unblocking more than $200 billion in Russian assets frozen by the institution. Euroclear Opens a Path for Unfreezing Russian Assets Without US Approval The Facts Euroclear has … Read more
While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the Bank of Russia, stated that cryptocurrencies cannot be used for settlements within the country. Bank of Russia Rejects Crypto Usage for Internal Payments The Facts The Bank of … Read more
As part of its 19th sanctions package against Russia, the EU included measures targeting the use of crypto to circumvent sanctions. A7A5, a Russian ruble‑pegged stablecoin that registered over $1 billion in daily transaction volume, was subject to a transaction ban. Russian Ruble Stablecoin Included in Latest EU Sanctions Package The Facts: The European Union … Read more
Russia is turbocharging its push to legalize cryptocurrency in foreign trade, signaling a massive shift in global finance as it aims to outmaneuver sanctions, enhance cross-border payment systems, and unlock a new era of decentralized commerce. Russia Backs Crypto for Foreign Trade Amid Sanctions Pressure Russia is advancing efforts to integrate cryptocurrency into its foreign … Read more
The Russian parliament has introduced a draft bill to recognize cryptocurrency as marital property, aiming to update the Family Code to reflect the growing use of digital assets. Scope of the Amendments The Russian parliament has reportedly introduced a draft bill that would formally recognize cryptocurrency as marital property under Russian law, marking a significant … Read more
Russia’s accelerating shift away from the U.S. dollar is shaking up global finance, with nearly all trade between Moscow, China, and India now conducted in national currencies—reshaping energy markets and propelling a new era of multipolar economic power. 95% of Russia’s China and India Trade Now Bypasses Dollar Systems Russia’s increasing pivot toward de-dollarization is … Read more
The Bank of Russia has recently announced that it will open the possibility for private banks to include crypto operations in their service offering. First Deputy Chairman of the Bank of Russia, Vladimir Chistyukhin, stated that these operations would face capital and reserve standards restrictions. Bank of Russia to Allow Private Banks to Offer Crypto … Read more
