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A Russian Company Is Opening a Mining Farm in the Arctic
14.10.2020
The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption
Bank of Russia Seeks Limit on Amount of Digital Assets Retail Investors Can Buy
14.10.2020
Non-qualified investors would be able to buy no more than 600,000 rubles worth of digital assets in one year, or about $7,740
Unqualified investors can buy up to $8K of crypto, says Bank of Russia
14.10.2020
Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors
Digital Ruble Can Help Track Government Spending, Bank of Russia Says
13.10.2020
The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding
Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations
13.10.2020
The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC
Bank of Russia issues consultation paper on digital ruble
13.10.2020
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”
Major P2P crypto platform LocalBitcoins is blocked in Russia
13.10.2020
LocalBitcoins’ website has been blacklisted in one of its key markets
Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
3.10.2020
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now,...
Russia’s Football Association Uses Blockchain Voting at Virtual Summit
2.10.2020
Blockchain has found a new role in the world of sport – and football in particular – with the Russian Football Union (RFU) adopting blockchain voting, allowing the governing body to do away with paper ballots and hold virtual summits.
The RFU, headquartered in Moscow, is the official governing body...
Russian 'ex-oligarch' reportedly backing a new DeFi project
2.10.2020
The former owner of a Russian bank seems to be pivoting to the decentralized space
Russia Proposes Harsh Penalties for Unreported Cryptocurrency Holdings
26.9.2020
Russia’s Ministry of Finance has drafted a bill with harsh penalties for anyone who does not report their cryptocurrency holdings above a certain level. Penalties include jail terms and fines. New Russian Crypto Bill The Russian Ministry of Finance has sent out a new draft bill addressing...
Crypto Exchange Binance Blacklisted by Russia’s Telecom Censorship Agency
26.9.2020
Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from...
Russian Web Censor Tells Binance It’s Been Blacklisted – Three Months Late
25.9.2020
Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today
Russia’s telecom regulator blacklists Binance website
25.9.2020
The website of the Binance exchange is still available without additional access tools, platform says crypto funds are safe
Russian Ministry Wants Citizens to Report Their Crypto Wallet Details: Report
24.9.2020
The Ministry of Finance is seeking amendments to the law that would force cryptocurrency users to report wallet balances and large transactions to the tax authorities
Russian ministry proposes criminal charges for failure to report crypto tax
24.9.2020
To ban crypto or to tax, that seems to be the question
Russian government prioritizes Blockchain development
23.9.2020
Russia is supercharging their development of blockchain, quantum computing, AI and 5G
Huobi crypto exchange launches trading app in Russia
23.9.2020
Russian users account for as much as 10% of Huobi’s total spot trading volume
Crooked police chief sentenced to 8 years for dark web shenanigans
22.9.2020
The charges are reminiscent of events that took place during the "Silk Road" saga
Prosecutors Detail Russians’ Crypto Phishing Scheme in Forfeiture Suit
17.9.2020
The alleged hackers also manipulated NEO's Gas market with a $5 million crypto infusion