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The Central Bank of Russia Proposes a Crypto Investment Testing Program Exclusively for the Ultra-Wealthy—A New Move
The Central Bank of Russia has just proposed a three-year testing program to allow a group of wealthy investors to access cryptocurrency trading within a controlled legal framework. This is seen as a move to expand investment opportunities while maintaining strict control over the crypto market, especially since Russia still holds an opposing view on cryptocurrency as a means of payment.
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Russia Set to Pilot Domestic Crypto Trading: Strategic Move or Risk?
Russia is considering implementing a domestic crypto exchange under a pilot model, opening up the possibility of legalizing part of the domestic cryptocurrency market. However, this proposal comes with very strict regulations and is only for 'super professional' investors. Is this a strategic move for Russia to leverage crypto in a tense geopolitical context, or just a risky experiment?
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🔥The Cryptocurrency Race: The Bitcoin Reserve Plans of the United States and Russia
In the context of a world increasingly shifting towards digitization, Bitcoin has emerged as an essential strategic asset. Notable moves from superpowers like the United States and Russia are opening a new chapter in global competition, which could be called the 'Bitcoin Cold War.'
⭐U.S. Bitcoin Reserve Plan
Recently, Trump confirmed the U.S. government's Bitcoin reserve plan, predicting that the value of Bitcoin could soar to 15 trillion USD. This not only marks a shift in U.S. financial policy but also reflects the growing recognition of Bitcoin's role in the global economy.
⭐U.S. Bitcoin Reserve Plan
Recently, Trump confirmed the U.S. government's Bitcoin reserve plan, predicting that the value of Bitcoin could soar to 15 trillion USD. This not only marks a shift in U.S. financial policy but also reflects the growing recognition of Bitcoin's role in the global economy.
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South Dakota Proposes Bitcoin Reserve Fund Legislation – A Widespread Trend in the U.S.
#SouthDakota is preparing to debate a bill to include Bitcoin in the state’s financial reserve, a move that reflects the state's official recognition of cryptocurrency. This is also part of a growing trend in the U.S., as many states are proposing similar policies.
South Dakota Pioneers in Holding Bitcoin
Logan Manhart, a South Dakota state representative, stated on X on Tuesday:
South Dakota Pioneers in Holding Bitcoin
Logan Manhart, a South Dakota state representative, stated on X on Tuesday:
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Is Crypto Becoming a Global Payment Solution?
According to Reuters, 44,557,055,917 are using Bitcoin (13,691,173,041), Ethereum (69,176,908,985), and 79,717,767,735 to trade oil with China and India. This is a clear sign that cryptocurrencies are increasingly being recognized as a cross-border payment tool, despite economic sanctions.
The use of crypto by major countries in international trade could drive broader acceptance, bolstering the value of Bitcoin and other digital currencies. If this trend continues, crypto could become an important part of the global financial system, especially in the context of escalating geopolitical tensions.
The cash flow from these trade transactions could also positively impact the market as demand for digital assets continues to rise. Crypto is not just a speculative asset, but is gradually becoming a practical payment medium on a large scale. 🚀68,010,496,396
04,001,470,564
86,897,834,365
23,798,756,691
According to Reuters, 44,557,055,917 are using Bitcoin (13,691,173,041), Ethereum (69,176,908,985), and 79,717,767,735 to trade oil with China and India. This is a clear sign that cryptocurrencies are increasingly being recognized as a cross-border payment tool, despite economic sanctions.
The use of crypto by major countries in international trade could drive broader acceptance, bolstering the value of Bitcoin and other digital currencies. If this trend continues, crypto could become an important part of the global financial system, especially in the context of escalating geopolitical tensions.
The cash flow from these trade transactions could also positively impact the market as demand for digital assets continues to rise. Crypto is not just a speculative asset, but is gradually becoming a practical payment medium on a large scale. 🚀68,010,496,396
04,001,470,564
86,897,834,365
23,798,756,691
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Playing smart: Does the U.S. want to control the Russian gas pipeline running through Ukrainian territory?
Western media say that the U.S. wants to control the gas pipeline of Gazprom (Russia) running through Ukrainian territory.
The draft agreement on Ukrainian minerals proposed by the U.S. seems to require the Washington side's International Development Finance Corporation to control a gas pipeline of Gazprom running through Ukraine to Europe, Reuters reports, citing informed sources.
The draft agreement on Ukrainian minerals proposed by the U.S. seems to require the Washington side's International Development Finance Corporation to control a gas pipeline of Gazprom running through Ukraine to Europe, Reuters reports, citing informed sources.
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⬆️
Russia conducts international oil transactions using cryptocurrency
📆
Reuters cites several sources indicating that Russia is leveraging cryptocurrencies such as Bitcoin, Ethereum, and USDT to trade oil with China and India. This is seen as a creative move to bypass obstacles imposed by the West.
🛑
The transaction process involves buyers of oil from China and India paying in yuan or rupees to intermediary companies. The money is then transferred to offshore accounts, converted into Bitcoin (BTC), Ethereum (ETH), or Tether (USDT), before being withdrawn to another account and exchanged for rubles in Russia.
💥
Although currently, crypto accounts for only a small portion of Russia's $192 billion oil industry (according to data from the International Energy Agency - IEA), sources suggest that this trend is on the rise.
💲
Utilizing crypto assets not only helps Russia maintain cash flow but also creates a flexible and fast payment channel, circumventing barriers from the traditional financial system controlled by the West.
🎮
Russia is intensifying the development of domestic crypto infrastructure. A special legal mechanism (ELR) has been implemented to support professional investors in participating in the cryptocurrency market. Additionally, starting from January 1, Russia has imposed a seasonal ban on crypto mining for six years to enforce tighter control.
#Coinbay #Nga #BTC #USDT
Russia conducts international oil transactions using cryptocurrency
📆
Reuters cites several sources indicating that Russia is leveraging cryptocurrencies such as Bitcoin, Ethereum, and USDT to trade oil with China and India. This is seen as a creative move to bypass obstacles imposed by the West.
🛑
The transaction process involves buyers of oil from China and India paying in yuan or rupees to intermediary companies. The money is then transferred to offshore accounts, converted into Bitcoin (BTC), Ethereum (ETH), or Tether (USDT), before being withdrawn to another account and exchanged for rubles in Russia.
💥
Although currently, crypto accounts for only a small portion of Russia's $192 billion oil industry (according to data from the International Energy Agency - IEA), sources suggest that this trend is on the rise.
💲
Utilizing crypto assets not only helps Russia maintain cash flow but also creates a flexible and fast payment channel, circumventing barriers from the traditional financial system controlled by the West.
🎮
Russia is intensifying the development of domestic crypto infrastructure. A special legal mechanism (ELR) has been implemented to support professional investors in participating in the cryptocurrency market. Additionally, starting from January 1, Russia has imposed a seasonal ban on crypto mining for six years to enforce tighter control.
#Coinbay #Nga #BTC #USDT
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Russia Tightens Cryptocurrency Mining Regulations, Bans Mining in Certain Regions
In a move to balance technological development and ensure energy security, the Russian government has decided to ban cryptocurrency mining for 6 years in certain regions. The ban will take effect from January 1, 2025, and will end on March 15, 2031.
The ban on cryptocurrency mining will apply in 10 regions and territories including Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, the Donetsk People's Republic, and Luhansk, along with the two regions of Zaporizhzhia and Kherson.
The ban on cryptocurrency mining will apply in 10 regions and territories including Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, the Donetsk People's Republic, and Luhansk, along with the two regions of Zaporizhzhia and Kherson.
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Russia: Cabinet extends the suspension of oil and gas statistical data publication until April 1, 2026
The publication of information on oil, gas, and condensate production has officially been suspended since March and the first quarter of 2023.
The Russian government has suspended the publication of statistical data on oil, gas, and condensate until April 1, 2026, according to a cabinet decree published on the legal information portal.
Previously, the measures to suspend the publication of statistical data expired on April 1, 2025.
The Russian government has suspended the publication of statistical data on oil, gas, and condensate until April 1, 2026, according to a cabinet decree published on the legal information portal.
Previously, the measures to suspend the publication of statistical data expired on April 1, 2025.
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✍️ Russia is not on the list of countries recently subjected to new U.S. tariffs for several key reasons:
1 The U.S. has strong sanctions against Russia
◦ Since Russia launched its military campaign in Ukraine in 2022, the U.S. and the West have imposed a series of sanctions on Russia. These measures include trade restrictions, asset freezes, oil and gas embargoes, and bans on high-tech exports.
◦ Therefore, the U.S. does not need to impose additional tariffs as it has nearly entirely restricted trade with Russia.
2 The U.S. imports very few goods from Russia
◦ After the sanctions, trade between the U.S. and Russia has drastically decreased. Many important Russian products such as oil, metals, and gas have been restricted or banned from import into the U.S.
◦ Imposing tariffs would not have a significant impact since the U.S. imports almost nothing from Russia.
3 U.S. tax policy focuses on China
◦ Recent U.S. tax measures primarily target China to limit competition from Chinese goods and protect domestic industries.
◦ Russia is not a major trade competitor for the U.S. like China, so it is not a primary target of tax policy.
In other words, Russia has been heavily "sanctioned" beforehand, so the U.S. does not need to resort to tariff measures.
#DonaldTrump #Nga
1 The U.S. has strong sanctions against Russia
◦ Since Russia launched its military campaign in Ukraine in 2022, the U.S. and the West have imposed a series of sanctions on Russia. These measures include trade restrictions, asset freezes, oil and gas embargoes, and bans on high-tech exports.
◦ Therefore, the U.S. does not need to impose additional tariffs as it has nearly entirely restricted trade with Russia.
2 The U.S. imports very few goods from Russia
◦ After the sanctions, trade between the U.S. and Russia has drastically decreased. Many important Russian products such as oil, metals, and gas have been restricted or banned from import into the U.S.
◦ Imposing tariffs would not have a significant impact since the U.S. imports almost nothing from Russia.
3 U.S. tax policy focuses on China
◦ Recent U.S. tax measures primarily target China to limit competition from Chinese goods and protect domestic industries.
◦ Russia is not a major trade competitor for the U.S. like China, so it is not a primary target of tax policy.
In other words, Russia has been heavily "sanctioned" beforehand, so the U.S. does not need to resort to tariff measures.
#DonaldTrump #Nga
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RUSSIAN PRESIDENT Putin: "No one can ban Bitcoin"
At the 15th "VTB Russia Calling" investment conference in Moscow, Russian President Vladimir Putin affirmed that Bitcoin and digital assets will continue to thrive despite attempts to ban them. He emphasized, "No one can ban Bitcoin, nor other digital assets."
Putin compared Bitcoin to early electronic payment methods, which also faced skepticism and prohibition. According to him, time will prove that these new technologies cannot be stopped. He also highlighted the "vitality" of these technologies, emphasizing that they will exist and develop despite all fluctuations of the US dollar (USD).
Putin compared Bitcoin to early electronic payment methods, which also faced skepticism and prohibition. According to him, time will prove that these new technologies cannot be stopped. He also highlighted the "vitality" of these technologies, emphasizing that they will exist and develop despite all fluctuations of the US dollar (USD).
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Crypto Market Receives Positive Signals: Russia Considers Pilot Crypto Trading
Although Russia does not have plans to include crypto in the National Welfare Fund's investment portfolio, the cryptocurrency market is still receiving optimistic signals. Deputy Finance Minister #Nga , Vladimir Kolychev, affirmed that the yuan (#CNY ) and gold remain key assets in this country's investment fund, but the possibility of crypto being considered in the future when market volatility decreases cannot be ruled out.
Notably, Russia is considering a pilot crypto trading initiative aimed at professional investors. This could be an important step towards legitimizing and promoting the development of the blockchain industry in this country. As the government gradually adopts a more open view towards crypto, opportunities for investment funds and financial institutions to access digital assets are also expanding.
The shift in perspective from major economies like Russia indicates that crypto is increasingly being taken seriously as a financial asset. In the context of the U.S. making significant strides with plans to establish a national crypto reserve fund, Russia's move could be a precursor to groundbreaking policies in the future.
The crypto market remains volatile, but positive signals like these continue to reinforce confidence in a bright future for digital assets globally. 🚀 #anhbacong
Although Russia does not have plans to include crypto in the National Welfare Fund's investment portfolio, the cryptocurrency market is still receiving optimistic signals. Deputy Finance Minister #Nga , Vladimir Kolychev, affirmed that the yuan (#CNY ) and gold remain key assets in this country's investment fund, but the possibility of crypto being considered in the future when market volatility decreases cannot be ruled out.
Notably, Russia is considering a pilot crypto trading initiative aimed at professional investors. This could be an important step towards legitimizing and promoting the development of the blockchain industry in this country. As the government gradually adopts a more open view towards crypto, opportunities for investment funds and financial institutions to access digital assets are also expanding.
The shift in perspective from major economies like Russia indicates that crypto is increasingly being taken seriously as a financial asset. In the context of the U.S. making significant strides with plans to establish a national crypto reserve fund, Russia's move could be a precursor to groundbreaking policies in the future.
The crypto market remains volatile, but positive signals like these continue to reinforce confidence in a bright future for digital assets globally. 🚀 #anhbacong
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