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Russian ministry proposes to amend law banning crypto transactions
3.9.2020
Crypto mining is allowed, but payout in crypto is prohibited
Russia Blocks Cryptocurrency Websites Ahead of Regulation
30.8.2020
Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites...
Russian Lawyers Debate Legality of Crypto Firm Selling Drinks for BTC
28.8.2020
An event organizer in Moscow recently sold over USD 1,600 worth of drinks in bitcoin (BTC) to attendees – but experts are divided when it comes to answering the question: was it legal?
The event was the brainchild of a crypto startup named Chatex, but per RBC, it has courted controversy.
A recently...
A $1 million BTC bribe leads to conspiracy charges for Russian man
27.8.2020
The strange case of Egor Kriuchkov — who was he working for?
Report: Russia Remains a ‘Key Market for Crypto,’ Commands the 3rd Largest Bitcoin Hashrate in the World
27.8.2020
The fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment in 2020. The study’s findings show that Russia is one of the world’s key players when...
Slim Chance of New Russian Crypto Law Emerging in Autumn, Say Experts
20.8.2020
Insiders say there is a chance that Russia’s new crypto law could be drafted by autumn – a move that would see a set of regulations in place for the start of next year. But one claimed that that chance of such a quick turnaround from policymakers is “low” – despite no shortage of industry...
Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loans
19.8.2020
Expobank has issued its first loan using WAVES tokens as collateral – they're now estimating what future demand could be
Senate Says Jailed Russian Spy Bonded With Overstock CEO Over Bitcoin Hoping to Get to Rand Paul
18.8.2020
New details of the salacious Butina-Byrne romance that led the Overstock CEO to resign emerge in latest volume of Senate Russia investigation
Russian Lawmaker: Crypto Pay Could ‘Destroy the Financial System’
15.8.2020
The chief architect of Russia’s crypto regulations has defended a new Russian law that outlaws payment in bitcoin (BTC) and altcoins – claiming that a failure to do so could have spelled the end for the ruble-powered Russian financial system.
The comments were made by the head of the parliamentary...
Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in Use
12.8.2020
Russia is reportedly developing a system using artificial intelligence to track and analyze transactions involving cryptocurrencies, such as bitcoin, dash, and monero. The system prototype has already been created and is currently being tested. This news followed the signing of crypto regulation...
Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users
12.8.2020
Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report
Did Russian COVID-19 Vaccine News Crash Bitcoin and Gold Prices?
12.8.2020
Following a crash in both gold and bitcoin (BTC) prices yesterday that sent the much-discussed gold-to-bitcoin correlation even higher, the discussion is now on about what caused the sell-off, and whether a Russian COVID-19 vaccine could potentially be hurting the price of both assets.
At the time...
Defcon Speaker Discusses Liberating $300K Worth of Bitcoin From an Encrypted File
12.8.2020
This year due to the coronavirus outbreak the world-famous hackers’ convention Defcon held it’s 28th annual event with virtual presentations in “safe mode.” One of the presentations was from an executive from Pyrofex, Michael Stay, who discussed how he broke into...
Russian Agents Claim They Can 'Partially' De-Mask Bitcoin, Ethereum Users – Report
11.8.2020
A branch of the Russian intelligence service reportedly claims it has developed a way to track crypto transactions – and claims it can “partially” de-anonymize transactions made using bitcoin (BTC), ethereum (ETH), omni (OMNI), and dash (DASH), as well as the most popular privacy coin monero...
Russian Rail Network Could Join the Blockchain Adoption Wave
10.8.2020
Russia may soon have a Blockchain-powered railway if Sergey Vinogradov gets his way
Blockchain Could Help Rail Eclipse Road, Says Russian Tech Chief
10.8.2020
A Russian railway executive has talked of the possibility of adopting blockchain technology on the nation’s rail network.
Per Vgudok, Sergey Vinogradov, the Director-General of the Scientific Research Institute of Railway Transport, spoke of the virtues of blockchain technology – stating that...
Russian Voters’ Data on Sale After Blockchain Vote to Keep Putin in Power – Report
4.8.2020
Russians voted electronically, using blockchain tech, to keep Putin in power. Now, hackers may be selling the personal data of over a million of those voters
Russian Lawyers Warn E-pay Laws May Have Knock-on Effects for Bitcoin
4.8.2020
A new Russian law banning anonymous fiat deposits in e-pay wallets like PayPal may have an effect on crypto users, legal experts in the country have warned.
A new law governing digital payment systems came into force in Russia on August 3. The law forces operators such as PayPal and domestic rivals...
Russian Government Bans Anonymous Wallet Deposits
3.8.2020
Lawmakers contend that the Russian government’s intent is to curb illicit financial activity
Putin Signs Law Giving Cryptocurrency Legal Status in Russia
2.8.2020
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir Putin signed into law Friday the bill...