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Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says

23.1.2022
Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed a wide-ranging ban on the use of cryptocurrencies, and their trading and mining. Mining...

Russian Banks Begin Testing Digital Ruble Payments

22.1.2022
Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble...

Hacker Hijacks Military Numbers Station, Proceeds To Rickroll Everyone

21.1.2022
Mysterious Russian shortwave radio station UVB-76, known as The Buzzer, normally broadcasts nothing but indecipherable beeps and numbers. But recently it has started to take music requests and post memes, after hackers seemingly took control of the channel for their own purposes. “Aboba” a voice...

Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers

21.1.2022
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud....

Russian Central Bank Proposes Crypto Use and Mining Ban

20.1.2022
  The central Bank of Russia today proposed banning the use and mining of cryptoaassets on the country's territory. The proposed ban encompasses crypto exchanges too.  The bank is citing threats to financial stability, economic security, and monetary policy sovereignty to justify this...

Crypto Anonymity Must End, States Top Russian Policymaker

18.1.2022
  The Chairman of the State Duma (the Russian parliament)’s Committee on Financial Markets Anatoly Aksakov has insisted that crypto users in the country should be unmasked – and that crypto anonymity should become a thing of the past.... Read More: Crypto Anonymity Must End, States Top Russian...

Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

15.1.2022
Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United...

Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

14.1.2022
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group...

Time to ‘Resolve All Crypto Issues’ Says Russian Parliament

7.1.2022
  Russia’s parliament, the State Duma, has said that it wants to “resolve all legal issues with cryptocurrency” – by defining legal terms for cryptoassets, mining, and more. And the chief architect of crypto-related legislation in the country has noted that it is time for miners to start paying...

Power Outages in Russia’s Irkutsk Region Blamed on Home Miners

2.1.2022
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source...

Sberbank Launches First Blockchain ETF in Russia

2.1.2022
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...

Ex-Head of Crypto Exchange Wex Released in Poland

1.1.2022
Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish...

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