Russia

3 articles tagged "Russia"

Fintech

Russia's Central Bank Begins Selling Gold to Fund Budget Shortfalls

In a significant policy shift, Russia's Central Bank has initiated the sale of physical gold from its reserves. This move aims to bolster the state budget amidst ongoing economic pressures.

20 Nov 2025

Fintech

Oil Prices Surge 2% to Three-Week High Amid Sanction Prospects

Oil prices rose 2% recently, reaching a three-week peak due to impending sanctions on Russia and Iran, alongside expectations of increased demand from China's economy.

13 Dec 2024

Fintech

Russia Implements Taxation Framework for Cryptocurrency Miners

On November 11, Russia approved a new tax framework for cryptocurrency mining, establishing regulations that define crypto as property and introduce a two-stage taxation model. Individual miners benefit from lower requirements compared to corporations as part of this legislation.

13 Nov 2024