Russia

Regulation

Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included

The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.

Policy & regulation  ·  24 March 2020
Russia

Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners

The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.

Business  ·  23 March 2020
Russia

Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance

The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia.

Policy & regulation  ·  16 March 2020
Bitcoin

Why Energy Experts Are Watching Crypto as Oil Wars Emerge

Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.

Policy & regulation  ·  11 March 2020
Russia

Russia Seeks to Block ‘Darknet’ Technologies, Including Telegram’s Blockchain

A Russian government agency has requested contractor bids to find ways to block censorship-resistant internet tech, including one blockchain: Telegram's.

Policy & regulation  ·  11 March 2020
Bitcoin

What the Oil Market Says About Bitcoin’s ‘Safe Haven’ Status

“I don’t think any asset is safe right now – except cash, U.S. dollars.”

News  ·  9 March 2020
Russia

Russian Oligarch, Ex-Cabinet Minister Invested in Telegram’s ICO, Court Filing Says

Roman Abramovich, owner of the Chelsea soccer club, invested $10 million in Telegram’s $1.7 billion token sale through a British Virgin Islands-based entity, court papers indicate.

Business  ·  4 March 2020
Russia

Russian Smelting Giant Nornickel Launches Metal Tokenization Platform for Testing

The Russian mining and smelting giant will issue metal-backed tokens on Atomyze, a Hyperledger-based blockchain platform.

Business  ·  25 February 2020
Russia

Russia’s Central Bank Proposes New Token Framework, but Labels Crypto Transactions ‘Suspicious’

Russia is looking at creating a regulatory distinction between asset tokenization and 'pure' cryptocurrencies.

News  ·  17 February 2020
Exchanges

Binance Adds Support for Fee-Free P2P Trading With Russian Rubles

Users can now trade rubles directly with bitcoin, ether, tether and binance coin without any transaction fees.

Markets  ·  11 February 2020
Russia

Alleged BTC-e Operator Will Be Extradited to France After Greek Supreme Court Ruling

Greece's supreme administrative court found that a ruling to extradite alleged BTC-e operator Alexander Vinnik to France was lawful. Vinnik can no longer appeal the decision.

News  ·  23 January 2020
Russia

Kraken Futures to Expand Into Russia After New Hire

Kraken Futures is ramping up its Russian expansion with the hiring of a new representative, ICBIT founder Aleksey Bragin.

News  ·  14 January 2020
Russia

A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners

A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub.

Business  ·  8 January 2020
Crime

Alleged BTC-e Operator Alexander Vinnik to Be Extradited to France: Reports

Alleged BTC-e exchange operator and money launderer Alexander Vinnik is finally being extradited to France, say reports.

News  ·  20 December 2019
Russia

2 Russian Nationals Charged With Mining Crypto on State Computers

Two Russian nationals are being prosecuted for allegedly crypto mining on Russian government-owned computer systems, state news agency TASS reported Monday.

Tech  ·  16 December 2019