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Draft Law About NFTs Submitted to Russian Parliament


Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose...

Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank


Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank...

Russian Crypto Regulation Can’t Be Delayed any Longer, Claims Top MP


  Russia’s parliament, the State Duma, will debate a crypto regulation bill that was formulated by the Ministry of Finance at the start of the year in the coming weeks, a senior MP has claimed.... Read More: Russian Crypto Regulation Can’t Be Delayed any Longer, Claims Top MP

Russia to Legalize Crypto for Payments 'In Some Format or Other' - Minister


  As Russia’s brutal invasion of Ukraine continues to weigh on the Russian economy, Moscow will sooner or later decide to legalize cryptoassets as a means of payment, as indicated by the country’s Industry and Trade Minister Denis Manturov.  The official stated that the government is advancing...

Trade Minister Expects Russia to Legalize Cryptocurrency


Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week. Crypto Legalization Is Current Trend, Russian Minister...

Ukrainian Devs Moving To 'Safer Areas' With Grant Money


Frogwares, a Ukrainian studio known mostly for their Sherlock Holmes games, have somehow kept working through Russia’s unprovoked invasion of their country. And now, thanks to a large injection of cash, they’ll be able to keep on doing that.Read more

Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says


The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...

Russians Based Abroad Say They Can’t Withdraw Funds from Binance


  Russian users – even some not located in the aggressor state of Russia – are complaining that they are having problems using the crypto exchange Binance. The Telegram-based Russian financial news channel Banksta reported that the Binance exchange had “decided to punish Russians, regardless...

Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown


Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities....

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions


Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects...

Independent Russian News Site Meduza Raises Over $200,000 in Crypto


Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing...

Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia


President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state. President Putin Requires Russian Officials...

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