Search
Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
17.1.2021
Russia is now holding more gold than U.S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U.S....
A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity
16.1.2021
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s...
Russian Metals Firm Norilsk Nickel Backs IBM’s Responsible Sourcing Blockchain Pact
16.1.2021
The technology is aimed at tracing commodity flows in near real-time and cut paperwork
HBO Has Tapped a Russian Indie Director for The Last of Us's Pilot
16.1.2021
Another director joins the crew. Considering the subject matter, it seems like he’ll fit right in. Read more
Associated Gas Pilot Could Lead to Huge Boon for Russian Bitcoin Miners
15.1.2021
Russian Bitcoin (BTC) miners could be in for a massive, unexpected environmentally friendly windfall if a pilot leads the nation’s energy giants to embrace crypto mining en masse.
Further details have been unveiled about a plant operated by the oil arm of Gazprom, Gazprom Neft, which late last year...
Bitcoin bubble will pop sooner or later, says famous Russian BTC critic
15.1.2021
Anatoly Aksakov of the Russian State Duma suggested that global jurisdictions should ban Bitcoin as a payment method
Digital ruble could be still vulnerable to fraud, Russian banks warn
13.1.2021
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble
Russian Banks Given Power to Freeze or Block Crypto-linked Accounts
11.1.2021
New Russian banking regulations will allow financial institutions to freeze or block the bank accounts of individuals or companies they think are associated with crypto activities.
The rule change have been imposed by the nation’s Central Bank, which has outlined changes it will make to...
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
10.1.2021
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas...
Russian CBDC To Create 'Centralized Database' of Spending, Expert Warns
4.1.2021
Another Russian crypto expert has warned of the dangers of the nation’s Central Bank issuing a so-called digital ruble, claiming that neither consumers nor banks are yet sold on the idea of using a digital fiat.
In an interview with AB News, Viktor Dostov, the Chairman of the Russian Electronic...
Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy
30.12.2020
A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity
Digital Currencies Could Outshine SWIFT System, Says Central Bank of Russia’s Deputy Governor
29.12.2020
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies challenging the SWIFT international payments system and make it redundant. Digital Currencies Could Challenge SWIFT System...
Digital Currencies May Make SWIFT Redundant, Says Russian Central Bank: Report
26.12.2020
Digital currencies may challenge and someday could make redundant the SWIFT global banking payment system, according to a Central Bank of Russia official, Russia Today reported. Read more: Bank of Russia Chair: Digital Ruble Is No Threat to Banks
Bitcoin Hits $500K on Russian Crypto Exchange After Hackers Take Control — Users Cry Exit Scam
26.12.2020
Cryptocurrency trading platform Livecoin claims that it has been hacked after the crypto community noticed the price of bitcoin shoot up to half a million dollars. Meanwhile, users are complaining that they cannot withdraw their funds, suspecting the exchange of pulling an exit scam. $500K...
Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation
26.12.2020
The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January. Russian Parliament Expects a ‘Surge...
Russian Parliament Expects a 2021 ‘Surge’ in Token Issuance
23.12.2020
Russia’s parliament, the State Duma, said that it is braced for a “surge in token issuance” in the new year.
Per a report published in the Parliamentary Gazette, Anatoly Aksakov – the head of the Duma’s committee on financial markets and the chief architect of Russia’s crypto legislation – stated...
Russian MPs Seek to Drive E-Pay and Crypto Further Apart with New Bill
18.12.2020
Russia’s parliament, the State Duma, is set to vote on a bill that could inadvertently clarify the difference between e-pay wallets and crypto wallets. The bill seeks to enable anonymous payments in digital transactions – providing they are made in fiat.
The measure was proposed by a group of...
Russian President Vladimir Putin Signs Order Compelling Government Workers to Disclose Crypto Holdings
13.12.2020
Russian President Vladimir Putin has signed an order compelling the country’s government workers to disclose their cryptocurrency holdings. The order stipulates that employees must submit details of where they bought the digital assets and the value thereof by June 30, 2021. Similarly...
Russian officials must disclose their crypto holdings by June 2021
11.12.2020
Russian officials finally prepare to disclose their crypto
Russian Prosecutor General Coming for Civil Servants’ ‘Hidden Bitcoin’
11.12.2020
The building of the General Prosecutor's Office of the Russian Federation in Moscow. Source: Adobe/Андрей Журавлев
The office of the Russian Prosecutor General has redoubled its attempts to force government officials to declare their crypto holdings as part of a bid to wipe out corruption among...