Russia | ForkLog

ForkLog 34 04.06.2025

Moscow Exchange Launches Bitcoin Futures Trading

On June 4, the Moscow Exchange commenced trading futures on shares of the iShares Bitcoin Trust ETF by BlackRock, according to platform data. The product, under the ticker IBIT, is quoted in US dollars, with settlements made in Russian rubles. Trading is available exclusively to qualified investors. The first series of contracts will expire on […]

AI translated

ForkLog 43 03.06.2025

Sber Launches Bitcoin-Linked Bonds

Sber announced the issuance of structured bonds whose returns are tied to the price movements of the leading cryptocurrency. Currently, the instrument is available to a limited group of qualified investors on the over-the-counter market. The bank plans to list these securities on the Moscow Exchange in the future. According to the statement, this will […]

AI translated

ForkLog 39 02.06.2025

Alternative Mining Solutions Amid Regional Restrictions in Russia

In 2024-2025, several Russian regions implemented restrictions on electricity use for mining. In April, the Russian government signed a decree banning cryptocurrency mining in the southern Irkutsk region until 2031. The Russian Ministry of Energy also plans to extend similar measures to Zabaykalsky Krai and Buryatia. Alongside regional restrictions, cryptocurrency mining activities in Russia were […]

AI translated

ForkLog 59 29.05.2025

Russian Cryptocurrency Holdings Estimated at 827 Billion Rubles

From the fourth quarter of 2024 to the first quarter of 2025, the volume of crypto asset flows attributed to Russians increased to an estimated 7.3 trillion rubles (+51.1%). This is according to a recent report by the Bank of Russia citing data from the Transparent Blockchain service. Analysts linked the growth to the US […]

AI translated

ForkLog 60 27.05.2025

Sberbank to Act as Market Maker for Russian Bitcoin Exchanges and Launch ETF

Sberbank will assume the role of liquidity provider and market maker on Russian cryptocurrency platforms, according to RBC, citing a statement from Alexander Zozulya, Director of the Global Markets Department at Sberbank. The exchanges will be established within a regulatory sandbox, and operations will be permitted for super-qualified investors. Cryptocurrency products will be available to […]

AI translated

ForkLog 16 21.05.2025

Russia Endorses Measures Against Digital Ruble Money Laundering

The Federation Council has approved a law extending AML regulations to participants of the digital ruble platform. On May 20, the State Duma passed the document in its second and third readings. Initially, the bill proposed centralized control over asset transactions by the Central Bank. In the final version, this control is shared between the […]

AI translated

ForkLog 42 19.05.2025

Russia Proposes Legislation on Cryptocurrency Confiscation and Tokenization

The Russian Ministry of Justice has drafted a bill recognizing cryptocurrencies as property for the purposes of seizure and confiscation, according to TASS, citing Deputy Minister of Justice Vadim Fedorov. “Simultaneously, it is proposed to establish special requirements aimed at ensuring its preservation. Taking into account the specifics of a particular [digital] currency, an investigator […]

AI translated

ForkLog 26 19.05.2025

Experts Clarify New Russian Central Bank Requirements for Digital Assets

The Bank of Russia has approved rules for the admission of foreign digital rights (FDR) to the Russian market. ForkLog sought explanations from experts. According to the new criteria, certain stablecoins may fall under restrictions. Only instruments similar to Russian DFA will be permitted. Assets linked to securities from unfriendly issuers are not allowed. FDR […]

AI translated

ForkLog 115 17.05.2025

Russia’s Central Bank Tightens Digital Asset Regulations

The Central Bank of Russia has expanded the requirements for foreign digital rights (FDR) entering the market. The update aims to protect investors from risks associated with acquiring these instruments. From August 2024, such assets may circulate in the country alongside Russian DFA. The regulator’s directive sets additional criteria for FDR: they must not be […]

AI translated

ForkLog 12 16.05.2025

Duma Committee Endorses Gradual Introduction of Digital Ruble

The draft law for the phased introduction of the digital ruble into broad circulation has received approval from the Russian State Duma’s Financial Market Committee, according to Izvestia. The lower house will review the bill in a session on May 20. According to the publication, the regulator and institutions involved in the pilot are technologically […]

AI translated

ForkLog 15 15.05.2025

Bitcoin Featured in Russian Central Bank’s Investment Review

The Bank of Russia, in its latest financial market review, included the returns on investments in Bitcoin alongside traditional instruments. According to the document, over the past 12 months, the leading cryptocurrency has shown a 38% increase, marking the best performance among the assets presented. Since the beginning of 2022, Bitcoin has appreciated by 121.3%, […]

AI translated

ForkLog 72 13.05.2025

Expert Comments on En+’s 1.2 Billion Ruble Lawsuits Against BitRiver

En+ entities are engaged in legal battles with Russian data center operator BitRiver, seeking over 1.21 billion rubles in two separate cases, according to Kommersant. In late April, the Arbitration Court of the Irkutsk Region granted a claim by “Infrastructure of Siberia” (part of En+) to recover 954.4 million rubles from GC “Fox,” which owns […]

AI translated

#Russia