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A Russian Company Is Opening a Mining Farm in the Arctic
14.10.2020
The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption
Russian Central Bank Wants to Cap Bitcoin Buying at USD 7,800 a Year
14.10.2020
Once again, Russia has a worrying idea for the local crypto industry and users as Russia’s Central Bank announced a new proposal that would seek to place an annual cap of around USD 7,800 (BTC 0.68) on crypto purchases for everyone in the country barring accredited investors.
In an official...
Russian 'ex-oligarch' reportedly backing a new DeFi project
2.10.2020
The former owner of a Russian bank seems to be pivoting to the decentralized space
Russian Oligarch to Launch USD 15m DeFi ‘Cryptobank’
2.10.2020
Screenshot. Prominent Russian oligarch Alexander Lebedev is set to launch a new decentralized finance (DeFi) “cryptobank” – and could spearhead a USD 15 million investment in the new venture.
Lebedev, whose fortune was estimated at a cool USD 3.1 billion back in 2008 by Forbes, is the former head...
Russia Proposes Harsh Penalties for Unreported Cryptocurrency Holdings
26.9.2020
Russia’s Ministry of Finance has drafted a bill with harsh penalties for anyone who does not report their cryptocurrency holdings above a certain level. Penalties include jail terms and fines. New Russian Crypto Bill The Russian Ministry of Finance has sent out a new draft bill addressing...
Crypto Exchange Binance Blacklisted by Russia’s Telecom Censorship Agency
26.9.2020
Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from...
Russian Web Censor Tells Binance It’s Been Blacklisted – Three Months Late
25.9.2020
Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today
Russian Policy Chief: Crypto Impossible To Regulate, Let's Block It
25.9.2020
The man charged with overseeing Russia’s long-awaited crypto regulations said that new legal amendments will be ready “in about a month” – but hinted that Moscow may now seek to “block” cryptocurrency-related activity rather than police it.
Speaking to media outlet RBC, Anatoly Aksakov, the head...
Russian Ministry Wants Citizens to Report Their Crypto Wallet Details: Report
24.9.2020
The Ministry of Finance is seeking amendments to the law that would force cryptocurrency users to report wallet balances and large transactions to the tax authorities
Russian ministry proposes criminal charges for failure to report crypto tax
24.9.2020
To ban crypto or to tax, that seems to be the question
Declare Your Bitcoin or We’ll Take 30% of it – Draft Russian Law
24.9.2020
Russia’s seemingly never-ending quest to find consensus on crypto-specific legislation has taken a new turn – with the country’s finance ministry proposing a set of measures that could see failure to report crypto holdings made illegal, and punishable with potentially massive fines.
Kommersant...
Russian government prioritizes Blockchain development
23.9.2020
Russia is supercharging their development of blockchain, quantum computing, AI and 5G
Hydra’s ‘Complex Drug Delivery System’ in Russia Overshadows Western Darknet Markets
16.9.2020
On September 14, the blockchain analysis firm Chainalysis reported on the infamous Russian darknet marketplace (DNM) known as Hydra and noted the DNM is Eastern Europe’s “sixth-largest service by volume in the region.” Moreover, the report also reveals that Hydra has created...
New US Treasury sanctions on Russian hackers hit Monero address
16.9.2020
The U.S. government is charging ahead in its pursuit of privacy tokens, according to the latest sanctions
Russian star transfers song rights on blockchain as major labels watch
16.9.2020
Russian musician Oleg Kenzov transferred the digital rights to one of his songs through a government-backed blockchain platform
Nearly 30,000 blockchain votes were recorded in Russian elections — the most ever
15.9.2020
Has Russia fixed its elections with permissioned blockchain technology from Waves?
Devs Criticize Russian Blockchain Elections, Gov’t Claims ‘No Hitches’
14.9.2020
The Russian elections commission said that the blockchain-powered mobile voting platform used in two by-elections yesterday voting was a success – but experts in the country appear to disagree with the Kremlin about the kind of technology the system should use.
Per Kommersant, the Minister...
US Sanctions Russians Allegedly Using Cryptocurrency to Influence Presidential Election
12.9.2020
The U.S. has sanctioned several Russian nationals, a Ukrainian lawmaker, and their cryptocurrency addresses for interfering with the country’s electoral process. The Russians are allegedly employees of a troll factory that previously targeted presidential candidates. Operations to Interfere...
Russian Troll Farms Start Using More Altcoins to Cover their Tracks
11.9.2020
As American intelligence and law enforcement agencies attempt to crack down on Russian so-called troll farms suspected of attempted electoral interference, farm operators are responding by moving towards the use of a broader variety of cryptoassets and “chain-hopping” techniques.
On September...
US Treasury blacklisted a non-existent ETH address in connection with alleged Russian election interference
10.9.2020
Either the treasury made a typo, or Russian hackers are so good, their wallets don't even have to exist