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Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals
21.12.2021
Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market, the capitalization of which has increased significantly this year. Russians Spent Some...
Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals
13.10.2021
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko...
Russian Bitcoin critic says he would have bought BTC for 100 rubles
3.6.2021
One of the biggest Bitcoin critics, Russian official Anatoly Aksakov said he wanted to buy Bitcoin before the ban but the price was too high
Russia's Central Bank tries to stem the tide of rubles leaving bank accounts
4.1.2021
With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble
Russian Counterfeit Cash Ring Busted for Selling 1 Billion Rubles for Crypto
13.4.2020
The counterfeit cash ring was extremely decentralized, with its operations and members spanning dozens of Russian regions
Counterfeit Rubles, Major Lawsuits, and Security Issues: Bad Crypto News of the Week
12.4.2020
Check out this week’s Bad Crypto News
Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners
23.3.2020
The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets
Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles
13.2.2020
A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike...
Binance Adds Support for Fee-Free P2P Trading With Russian Rubles
11.2.2020
Users can now trade rubles directly with bitcoin, ether, tether and binance coin without any transaction fees
Russian Tax Authority Registers Crypto as Part of a Company’s Capital
27.11.2019
A company has blazed a trail in Russia, successfully convincing the country’s tax agency to accept that its equity capital now includes cryptocurrency. The change in the ownership distribution has been registered after the firm filed a set of notarized documents confirming a new investment...
Venezuela Tries to Avoid US Sanctions By Trading In Rubles and Crypto
20.5.2019
Caracas and Russia are in talks to disconnect from USD and exchange rubles and crypto