Tag Archives: russia

Bitcoin Faces Fresh Pressure As Oil Crosses $104 For First Time In 4 Years

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Investors are currently sifting through a decade of market data to see if a massive spike in energy costs will sink Bitcoin and the crypto market. While many people focus on the immediate price of oil, the real damage to Bitcoin in the past often came from internal industry blowouts rather than what was happening… Continue reading Bitcoin Faces Fresh Pressure As Oil Crosses $104 For First Time In 4 Years→

Russia Drafts Bill That Could Change Who Can Buy Crypto

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Russia is preparing a landmark legal transformation that would expand who are qualified to buy and own cryptocurrencies in the country. Reports have disclosed that lawmakers in the State Duma are in the final phase of text meant to lower barriers for ordinary Russians, even as they keep safeguards and restrictions in place. The draft… Continue reading Russia Drafts Bill That Could Change Who Can Buy Crypto→

Russia Rejects Crypto As Legal Tender, Finance Official Confirms

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According to statements reported by Russian news agencies, Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, said cryptocurrencies “will never become money” in Russia and should be treated only as investment instruments. He said that where a payment is required, it must be made in Russian rubles. Ruble Remains Sole Payment Unit… Continue reading Russia Rejects Crypto As Legal Tender, Finance Official Confirms→

Russia Steps Deeper Into Crypto As State Bank Prepares Direct Trading

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VTB, Russia’s second-largest bank, has told clients it plans to let them buy and sell real cryptocurrencies through its brokerage service, with a target rollout in 2026 pending regulator approval. According to the bank, the move would go beyond the derivative products that most Russian banks have offered so far. It is a clear shift… Continue reading Russia Steps Deeper Into Crypto As State Bank Prepares Direct Trading→

Trump Drops 500% Tariff Shockwave, Crypto Trembles — Bitcoin Breakdown Ahead?

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US President Donald Trump on Friday voiced support for a Senate measure that would let the US impose tariffs of up to 500% on imports from nations still buying Russian energy. “It would be okay with me,” he said. Based on reports, the proposal names oil, natural gas, petroleum products and uranium as covered goods… Continue reading Trump Drops 500% Tariff Shockwave, Crypto Trembles — Bitcoin Breakdown Ahead?→

Crypto Firms Flee Ukraine—Weld Money Becomes Latest To Exit

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Ukraine’s crypto card market is shrinking fast. Weld Money, a fintech that let people spend crypto through a Mastercard-linked card, is closing its doors in the country. Users have been told to pull out their money by the end of next month or risk losing access. According to company posts on social media, military controls… Continue reading Crypto Firms Flee Ukraine—Weld Money Becomes Latest To Exit→