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Even Russia’s Economy Ministry Doesn’t Want Crypto Ban, Derides Bill
10.6.2020
Russia’s long and winding road to crypto regulation has taken another unexpected twist – with the country’s Economy Ministry wading into a bitter dispute between pro-business groups and the crypto-skeptic Central Bank – with experts claiming that a new impasse could see regulation “delayed by...
Russia’s Economy Ministry Calls for ‘Controllable Market’ Rather Than Crypto Ban
10.6.2020
The ministry argued the draft ban would be harmful for Russia's economy and citizens, and called for a softer stance
Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity
9.6.2020
Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network
Moscow Said to Hire Kaspersky to Build Voting Blockchain With Bitfury Software
9.6.2020
Moscow's government is giving voters the option of having their ballots recorded on a blockchain despite transparency concerns
Illegal Miners in Russia Stole $6.6M-Worth of Electricity, Power Grid Firm Says
8.6.2020
Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says
Blockchain Voting Will Determine Vladimir Putin’s Presidential Fate
5.6.2020
Moscow citizens will be able to vote on Vladimir Putin’s Constitutional amendments via a blockchain-powered system
The Mysterious Satoshi Nakamoto Allegedly Leveraged a Russian Proxy for Communications
5.6.2020
4,171 days ago in 2009, Satoshi Nakamoto invoked the Bitcoin network after sharing the white paper with people since Halloween 2008. Just recently, it has been discovered that Nakamoto leveraged a Russian proxy to obfuscate his whereabouts and the inventor used the proxy back in January 2009....
Coronavirus Lockdown Boosts Bitcoin Trading in Russia
4.6.2020
COVID-19 pandemic seems to be one of the drivers behind the recent sharp increase in Bitcoin trading volume across Russia
Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
3.6.2020
Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On...
Russia Leads Global BTC Trading on LocalBitcoins for 2nd Month in a Row
2.6.2020
Russia tops global Bitcoin trading on P2P exchange LocalBitcoins amid local crypto regulation uncertainty
Cash or Plastic? Countries Where Crypto Debit Cards Are Fair Game
1.6.2020
Cointelegraph examines where crypto debit cards are available and what options they offer as wider adoption starts to take hold
Russia Sending Mixed Signals: Is China-style Bitcoin Crackdown In Works?
1.6.2020
Last week, a leading Russian parliamentarian claimed that Duma financial policymakers were not behind any calls for a ban of cryptocurrencies, such as Bitcoin (BTC). This week starts with worrying news as legal experts and crypto industry leaders have taken aim at a draft bill set to be put before...
Russian Police Arrest Former Post Office Branch Chief For Mining Crypto at Work
31.5.2020
Former chief of Russian Post local branch is arrested on suspicion of running a crypto mining farm inside the office for almost six months
Russia Is About to Drop the Crypto ‘Iron Curtain,’ Industry Warns
29.5.2020
Russia's crypto community is pushing back against a set of bills that could impose onerous restrictions on startups and individuals in the country
Russia Doesn’t Want to Ban Bitcoin - Leading Parliamentarian
29.5.2020
The head of Russia’s parliamentary finance commission head has spoken out about new proposed legal amendments, details of which were released in the press – claiming that the measures will not criminalize cryptocurrency, such as bitcoin (BTC), purchases, and could even provide Russian crypto owners...
Will Easing Lockdown Lead to a Decrease in Bitcoin Trading in Russia?
28.5.2020
Financial experts and crypto exchanges say they are confident that as Russia comes out of lockdown, crypto trading and investment will continue to grow. But others warn that some locked-down crypto first-timers will exit the market – although they may not be missed.
As previously reported, Russian...
Telegram CEO Donates 10 BTC to Charity Project in Russia
28.5.2020
Telegram CEO Pavel Durov donates 10 BTC to a Russian charity project backed by a local political activist
Bank of Russia Wants to Put Mortgage Issuance on a Blockchain
28.5.2020
Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto
Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report
28.5.2020
During the month of April, the blockchain project Onfo initiated an experiment to see how fast crypto assets can gain popularity in four different countries. The team’s findings discovered that cryptocurrencies spread four times faster in developing nations as opposed to developed countries....
Russia's Central Bank to Launch Blockchain-Powered Digital Mortgage Platform
28.5.2020
The Central Bank of Russia is intending to use a local, FSB-approved blockchain for its upcoming e-mortgage project