Central Bank of Russia Acknowledges Bitcoin Mining as a Ruble Strengthening Activity
The Central Bank of Russia recently referred to the properties of bitcoin mining and how it could help strengthen the…
Tag: ruble
Kremlin Aide: Crypto Mining is a ‘Hidden Export’ Skewing Ruble Forecasts
An aide to the Russian President has stated that cryptocurrency mining is a major factor causing inaccurate ruble exchange rate…
Digital Ruble Push: Bank of Russia Reinforces That Crypto Can’t Be Used for Domestic Payments
While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for…
Russian Ruble Stablecoin Gets Targeted by EU Sanctions
As part of its 19th sanctions package against Russia, the EU included measures targeting the use of crypto to circumvent…
Russian Finance Minister: Ruble Is “Strong,” Enhances Budget Traceability
Anton Siluanov, Russia’s finance minister, said the digital ruble, Russia’s CBDC, is a “strong” and “reliable” alternative to the fiat…
Russian Oil Majors Report Income Dip on Weak Price, Strong Ruble
Russian oil producers’ profits dived in the first half of the year, driven down by lower crude prices and a…
Russian Defense Conglomerate Rostec to Adopt Ruble Stablecoin for Secure Transactions
Rostec announced that it will promote this stablecoin and an associated payment platform as a secure method for conducting transactions,…
Russia Sets Digital Ruble Deadline for Mass Adoption by Major Banks and Retailers
Russia is fast-tracking a nationwide digital currency revolution, mandating banks and major retailers to adopt the digital ruble in a…
Russia’s Digital Ruble Marches Toward 2026 Mass Adoption
Russia’s digital ruble is poised for explosive mass adoption by 2026, as expanded pilots, surging participation, and robust infrastructure lay…
Still Standing: The Russian Ruble Is 2025’s Best-Performing Currency to Date
The rise of the Russian ruble has less to do with a rise in confidence in the currency and more…