Latest Russia News and Insights | Yellow

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

Illicit cryptocurrency wallets received a record $158 billion in 2025, reversing three consecutive years of decline as Russia-linked stablecoin infrastructure dominated sanctions evasion activity, according to TRM Labs' 2026 Crypto Crime Report. The 145% increase from $64.5 billion in 2024 stemmed p

A7A5, a ruble-pegged stablecoin used to facilitate Russian cross-border trade, has processed more than $100 billion in total transactions within its first year of operation. Launched in January 2025, the digital asset serves as a "safe harbor" for Russian businesses to evade Western sanctions by bri

Russian lawmakers propose fines up to 10M rubles ($129,000) for illegal crypto mining amid claims of $100M annual tax losses. Russian lawmakers introduced a bill on January 19 establishing administrative fines for illegal cryptocurrency mining, with penalties reaching up to $130,000 for repeat corpo