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VTB Pushes to Open Russia’s First Bank-Run Bitcoin Trading Desk as Kremlin Moves to Classify Mining as an Export

Russia’s second-largest lender, VTB, is moving to become the country’s first major bank to offer direct bitcoin and crypto trading.

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

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

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

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

Moscow Exchange Launches Bitcoin Futures For Qualified Investors

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

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

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....

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

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

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

Russian State Duma Deputy Proposes Strategic Bitcoin Reserve

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

Putin Signs Law Legalizing Cryptocurrency Mining in Russia

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

Russia Legalizes Bitcoin And Crypto for International Trade To Bypass Sanctions

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