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Russia's Ministry of Finance is pushing for a standalone stablecoin bill, separate from the broader cryptocurrency exchange legislation expected to enter force by July 1, 2026. The announcement comes as stablecoins remain in a legal grey zone under Russian law - with no formal status despite growing

Russia's FSB security service opened a criminal investigation into Telegram founder Pavel Durov on Feb. 24, accusing him of facilitating terrorist activity under Article 205.1 of Russia's Criminal Code - a charge carrying a maximum sentence of 15 years. The investigation was announced simultaneously

A Georgian-Russian investment manager who stole nearly $40 million worth of Bitcoin (BTC) from one of the country's most powerful political figures has been released under a plea deal that slashed his prison sentence from 15 years to a one-year suspended term. Giorgi Bachiashvili, who managed assets

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