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The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
13.3.2021
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled...
Russian protest group Pussy Riot sells NFTs for latest single 'Panic Attack'
12.3.2021
The Russian protest group Pussy Riot is auctioning four non-fungible tokens tied to a new single in order to support a shelter for victims of domestic violence
Video Cards, Crypto Mining Facility Demand Soars in Russia
11.3.2021
The demand for video cards and ready-made bitcoin (BTC) and altcoin crypto mining centers is rising astronomically in Russia as more people in the nation flock to the fast-expanding sector.
Per a report from the media outlet Gazeta, data from the Russian e-commerce platform Avito revealed that last...
Bank of Russia to start digital ruble trials in 2022
11.3.2021
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021
The number of Bitcoin ATMs in the US rose 177% over the past year
10.3.2021
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020
Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud
6.3.2021
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...
Gazprom Neft uses blockchain tech to streamline aircraft refueling
1.3.2021
Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions
Duma Committee Chief Throws up Roadblock to Russia’s Crypto Tax Plans
25.2.2021
A parliamentary legislation committee leader has stated that there is a need to provide with legal status and legally binding definitions for crypto-related terms in Russia before proceeding with further tax-related lawmaking and regulation. The move potentially throws a spanner into the works...
What Russian journalists can learn from Navalny's Bitcoin wallet
25.2.2021
As the Kremlin sequesters funds to the opposition, Bitcoin serves to run blockades
Russian Orthodox Church will not accept Bitcoin in offering plate
23.2.2021
A church spokesperson said it was also unlikely the church would release its own digital currency
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...
Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’
20.2.2021
Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope...
Russia’s Digital Ruble Model to Get Bank-Friendly Redesign
18.2.2021
Banks had feared being drained of liquidity under the original concept for the digital currency
Russian crypto mining firm scrambles to meet foreign demand
18.2.2021
Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners
Russia’s Crypto Tax Bill Passes First Reading at State Duma
17.2.2021
The bill proposes to recognise cryptocurrency as property for purposes of taxation
Russia’s Lower House to Consider Bill on Crypto Taxation This Week
16.2.2021
If passed the bill would amend tax laws to recognize digital currencies as a form of property
Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble
16.2.2021
Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers
Russian Duma prepares bill on cryptocurrency taxation
16.2.2021
The Russian State Duma will consider a new bill on cryptocurrency taxation on Feb. 17
Russian mobile carriers consider smartphone integration for digital ruble
16.2.2021
Russian wireless service providers MegaFon and Beeline proposed to link digital ruble wallets on smartphones to user's phone numbers
Massive 70 MW Bitcoin Mining Rig Shipped to Russia
12.2.2021
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks...