Latest Russia News and Insights | Yellow

Russia's cryptocurrency market has reached an estimated 50 billion rubles - roughly $648 million - in daily transaction volume, according to the country's finance ministry. The figure, disclosed by Deputy Finance Minister Ivan Chebeskov at an Alfa-Bank conference, puts Russia's annual cryptocurrency

The European Commission has proposed a blanket ban on cryptocurrency transactions tied to Russia, abandoning its previous approach of sanctioning individual exchanges in favor of severing the entire crypto pipeline to Moscow. The move, part of the bloc's 20th sanctions package announced on Feb. 6, w

Russian authorities detained a 26-year-old Barnaul resident for allegedly transferring 24 million rubles ($310,000) in cryptocurrency to wallets used by Ukrainian armed forces. The man faces terrorism financing charges under Russian law, which classifies financial support for Ukraine's military as a

Russia's largest Bitcoin (BTC) mining firm entered bankruptcy proceedings after years of financial deterioration and mounting creditor claims. A regional court initiated insolvency supervision against Fox Group, which controls 98% of BitRiver, on Jan. 27. CEO Igor Runets was placed under house arres

Wallets linked to illicit cryptocurrency activity received an estimated $158 billion in incoming value during 2025, the highest level in five years and a sharp reversal from the previous year's $64.5 billion, according to a new report from blockchain intelligence firm TRM Labs. What Happened: Russia