Russia
Countering Sanctions: Russia’s Bitcoin Reserve Initiative
In recent years, cryptocurrencies have become an essential part of global financial conversations, and Russia is making a bold move to integrate them into its economic strategy. On December 9, 2024, Russian lawmaker Anton Tkachev proposed the creation of a national Bitcoin reserve. This initiative is aimed at helping Russia strengthen its economy in the…
Putin Signs Law Recognizing Cryptocurrencies as Property
On November 29, 2024, a historic move unfolded in Russia when President Vladimir Putin signed a new law that officially recognizes cryptocurrencies as property. This landmark legislation marks a new chapter in Russia’s approach to digital assets, and its ripple effects could be felt not only within the country but across the global cryptocurrency market….