Consensus has Russia’s central bank keeping interest rates unchanged—at 4.25%, a record low—when fiscal policymakers release their next on Friday. Rates have remained at that level since July 2020, in… Read more »
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to… Read more »
The Zurich-based subsidiary of Gazprombank, which is the third-largest bank in Russia, has reportedly been approved by the Swiss Financial Market Supervisory Authority (FINMA) to begin offering a number of… Read more »
A survey among over 2,000 Russian investors has placed cryptocurrency next to gold in terms of popularity. Moreover, younger investors aged below 30 have displayed significant favoritism towards digital assets…. Read more »
Key Takeaways The Russian government is about to impose harsh regulatory restrictions on cryptocurrencies starting from 2021. Meanwhile, the country is gearing up for the launch of its digital ruble,… Read more »