Search
Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates
3.4.2022
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part...
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says
2.4.2022
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia...
The world has synchronized on Russian crypto sanctions
2.4.2022
The heavy sanctions on Russia extend to crypto, and here is a deep dive into the legal infrastructure behind them
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance
1.4.2022
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system,...
Bitcoin mining finds fresh support from Russian finance ministry
31.3.2022
While supporting crypto mining companies, the Russian lawmakers are still not sure whether they should ban individuals from mining crypto
Anonymous Affiliate Hacks State-Run Russian Broadcaster
31.3.2022
NB65, a hacking group affiliated with the Anonymous collective, has allegedly breached the servers of the Russian government-controlled television and radio broadcasting company. According to social media reports, the hackers are preparing to release hundreds of gigabytes of appropriated data....
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...
Loop Hero's Developers Tell Russian Players To Pirate Their Game
30.3.2022
Four Quarters, the developer behind the highly regarded deck-building roguelike Loop Hero, is encouraging players to pirate its game if they can’t find any legal means of purchasing it amid the ongoing sanctions placed on Russia after its military invasion of Ukraine. Read more
Russian government official calls to legalize mining ‘as soon as possible’
28.3.2022
The quotas and allocations of mining operators should be set by the regional authorities, not federal, the deputy minister says
Anonymous Claims It Has Released 28GB of Bank of Russia Documents
28.3.2022
Hacking group Anonymous has reportedly published a large amount of data allegedly belonging to the Bank of Russia. The release comes after the collective announced it had hacked Russia’s central bank earlier this week, a claim that was denied by the monetary authority in Moscow. Anonymous...
Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies
27.3.2022
Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global...
Retro Computer And Game Museum In Ukraine Destroyed By Russian Bombing
26.3.2022
A large, privately-owned, and operated museum dedicated to retro computers and video games was destroyed earlier this week in Ukraine as a result of the ongoing and horrific invasion of the country by Russia. While a museum being destroyed doesn’t compare at all to the thousands dead and injured...
Bitcoin, Ethereum Technical Analysis: BTC Surges to $45,000, as Russia Considers Accepting the Crypto for Oil & Gas
25.3.2022
Bitcoin moved past its $45,000 price ceiling, after it was reported that the Russian government was considering accepting it as payment for energies. The news sent BTC to a 24-day high, whilst ETH also climbed to a five-week peak. Bitcoin BTC was trading almost 5% higher on Friday, as markets...
Anonymous Says It Hacked Bank of Russia, Monetary Authority Denies Claim
25.3.2022
Anonymous has attacked the Central Bank of Russia (CBR), according to a post on social media. The hacking group, which vowed to hit Russian government websites after Moscow launched its military assault on Ukraine, now says it’s also targeting foreign companies still operating in Russia....
Russia's energy chief says it would accept Bitcoin for oil and gas
25.3.2022
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy in Bitcoin
Russia May Accept Bitcoin for Gas Exports, Lawmaker Says
24.3.2022
Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and the national currencies of partnering countries. A high-ranking parliamentarian has indicated that Moscow may take...
Crypto Pyramid Busted in Russia, Losses Exceed $10 Million
24.3.2022
Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is being unraveled after a similar project defrauded thousands of investors in Russia, the region, and far beyond. Police Find Crypto...
Senior Russian MP Suggests Trading Gas and Oil for Bitcoin
24.3.2022
A senior Russian politician has suggested turning to bitcoin (BTC) as an alternative to the USD in international energy exports and trade deals.
The comments were made by Pavel Zavalny, a member of the ruling United Russia Party and the Chairman of the State Duma (Russia’s parliament) Committee...
Russian Lawmaker Suggests Accepting Bitcoin For Payments
24.3.2022
Under pressure from a host of Western sanctions, Russia is mulling other currency options for oil sales