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Russia to legalise and regulate cryptocurrencies

By Rhod Mackenzie

The Russian State Duma plans to consider the bill on regulating cryptocurrency mining in the first reading in the coming days. The bill was drafted a year and a half ago and has since undergone several revisions. It was only recently, following the president’s order last week, th...

Russia BRICS SCO Finance Tax Cryptocurrencies
Russia's oil and gas revenues jump by more than 80%

By Rhod Mackenzie

In February, Russia's oil and gas revenues surged by over 80% from the previous year to exceed $10 billion, owing to the increase in crude prices.

The Finance Ministry reported that budget revenues from oil and gas taxes amounted to 945.6 billion rubles ($10.4 billion) last mon...

Russia Sanctions Oil Gas Revenues Tax