BitGo2026-07-09 06:08:16BitGo CEO Says Public Blockchains Could Help Curb Government FraudBitGo CEO Mike Belshe argues that putting public disbursements on a public blockchain could improve transparency and help citizens monitor government spending to reduce fraud.1790
Russia2026-07-09 04:18:13Russia Publishes New Crypto Law Expanding State Control Over Digital AssetsRussia's new crypto law effective Nov 1, 2024 strengthens state control by enabling regional mining restrictions, tighter infrastructure regulations, and expanded transaction monitoring via federal agency access to crypto addresses.440
Russia2026-07-09 04:10:17Russia's New Crypto Law Tightens State Control: Mining Restrictions and Enhanced SurveillancePresident Putin's new crypto law, effective Nov 1, expands state control over digital assets, enabling regional mining bans, pool prohibitions, multi-agency transaction tracking, and transferring mining registry to tax authorities.460
BitGo2026-07-08 19:40:12BitGo CEO Proposes Public Blockchain as a Tool to Curb Government FraudBitGo CEO Mike Belshe says public blockchains could help reduce state and federal fraud by making government disbursements transparent and open to citizen oversight.360
Bitgo2026-07-08 19:38:12BitGo CEO Proposes Public Blockchain to End US Government Fraud; Russia Already Pioneering Digital RubleBitGo CEO Mike Belshe suggests using a public blockchain like Ethereum to track government spending, aiming to eliminate up to $521 billion in annual fraud. Russia has already implemented its digital ruble for federal payments since January 2026.370
Bitgo2026-07-08 19:38:12Bitgo CEO Proposes Public Blockchain to End Government Fraud: $521B Annual SavingsBitgo CEO Mike Belshe calls for putting all government disbursements on a public blockchain like Ethereum, enabling citizen oversight to eliminate up to $521 billion in annual fraud. Russia has already adopted its digital ruble for all federal payments since January 2026.390
Bank of Russi2026-07-08 19:26:13Bank of Russia Shuts Door on Crypto Domestic Payments, Paves Way for Digital Ruble MonopolyThe Bank of Russia has reiterated that cryptocurrencies cannot be used for domestic payments, reinforcing a stance that supports the upcoming digital ruble. The central bank expects a full launch by fall 2026, while Finance Ministry data shows 20 million citizens hold over $10.15 billion in crypto.290
Russia2026-07-08 19:20:18Bank of Russia Reaffirms Crypto Cannot Be Used for Domestic Payments as Digital Ruble Launch NearsBank of Russia Governor Elvira Nabiullina has reiterated that cryptocurrencies are not allowed for domestic payments, paving the way for the digital ruble's nationwide rollout by fall 2026. Russia supports crypto for international settlements, with over 20 million citizens holding $10.15 billion in crypto.440
