Russia

Russia

BitRiver Is Selling Tokens to Build More Bitcoin Mining Farms in Siberia

Mining company BitRiver is launching its own token, aiming to raise $35 million on Bithumb

News  ·  12 April 2021
Russia

Fearing Being Cut Off From SWIFT, Russia Hints About Blockchain Alternative: Report

Russia's foreign affairs ministry believes SWIFT can be replaced by more advanced systems, mentioning blockchain.

News  ·  5 April 2021
Binance

Over 50% of Binance’s Russian Customers Believe Crypto Can Replace Bank Deposits

According to the report, out of 23,133 Binance users who took part in the poll, only 79.9% actually own crypto at this point of time.

News  ·  31 March 2021
Regulation

Russia to Track Bitcoin Cash-Outs: Report

Russia's anti-money laundering agency is going to identify and track down bitcoin-to-fiat sales, the government official said.

Policy & regulation  ·  24 March 2021
Crime

Russia’s Darknet Criminals Have Novel Crypto Cash-Out System: ‘Buried Treasure’

A darknet ad flagged by the crypto sleuths at Elliptic says vendors will bury vacuum-packed physical cash “5-20 cm under the ground.”

Business  ·  22 March 2021
Regulation

Putin Says Russia Must Stop Illegal Cross-Border Crypto Transfers

Russia's President Putin says crypto use by "criminal elements" is increasing and law enforcement must monitor it more closely.

News  ·  17 March 2021
Russia

Bank of Russia Eyes Digital Ruble Prototype in Late 2021: Report

Russia's central bank told CoinDesk that over 80% of feedback on the digital ruble was supportive of the project.

Policy & regulation  ·  11 March 2021
CoinFlash

Russia’s Digital Ruble Model to Get Bank-Friendly Redesign

Banks had feared being drained of liquidity under the original concept for the digital currency.

Policy & regulation  ·  18 February 2021
CoinFlash

Russia’s Crypto Tax Bill Passes First Reading at State Duma

The bill proposes to recognise cryptocurrency as property for purposes of taxation.

Policy & regulation  ·  17 February 2021
CoinFlash

Russia’s Lower House to Consider Bill on Crypto Taxation This Week

If passed the bill would amend tax laws to recognize digital currencies as a form of property.

Policy & regulation  ·  16 February 2021
Wallets

Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble

Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers.

Tech  ·  16 February 2021
CoinFlash

Mystery Entity Just Set up 20K Bitcoin Miners in Siberia: Report

A shipment of devices said to be worth up to $60 million was set up in the city of Bratsk and set to mining bitcoin.

Business  ·  10 February 2021
Russia

Hackers Are Trying to Mine Crypto Using Russian Government Servers, Expert Says

Hackers have been mining crypto on government servers in Russia, including defense contractors and medical centers, expert says.

News  ·  5 February 2021
Surveillance

Facial Recognition Tech May Be Being Used Against Russian Protestors

Russian police officials may be tracking attendees at pro-Navalny protests using facial recognition tools, detainees claim.

Tech  ·  1 February 2021
Russia

Bitcoin Donations to Navalny Surge After Russian Opposition Leader Is Jailed

Putin's opponent received 3.7 bitcoin in the last week, tripling the amount raised in the first two weeks of 2021.

People  ·  25 January 2021