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A Russian Blockchain Referendum Voter Managed to ‘Spoil Their Ballot’
2.7.2020
Russian electoral officials are claiming success in the country’s recent referendum on constitutional reform – which saw the country make use of a blockchain-powered voting platform for the first time on a national scale. However, one tech-savvy voter appears to have pulled off a remarkable feat...
Russian Court Denies Theft Victim Access to Stolen Bitcoin
2.7.2020
A Russian court has denied a claimant the right to reclaim almos BTC 100 (USD 920,000), stating that crypto has no legal value – meaning courts are powerless to enforce property rights.
Per a Telegram post from the district court’s press office, in Russia’s second-largest city, St. Petersburg,...
Russian Court: Theft Of 100 BTC Isn’t A Crime Because Bitcoin Isn’t Property
1.7.2020
A Russian court turned down a request from a victim of a 100 Bitcoin theft seeking restitution, with the court arguing that cryptocurrencies have no legal status
Russian Traders Gear up for ‘Head Spinning’ Crypto Tax Season
1.7.2020
The Federal Taxation Service. Russian crypto owners have been warned that they have just a month before the taxman comes calling – with miners, custodians and traders all required to declare their profits.
Although the country is likely still “a year or more” away from comprehensive crypto laws...
Russian Blockchain-powered Voting Platform ‘Withstands Node Attack’
29.6.2020
The operators of Russia’s blockchain voting system say their platform successfully repelled a hacking attack in the nation’s referendum on constitutional reform.
Blockchain voting is being piloted in the cities of Moscow and Nizhniy Novgorod, and began on June 25. Citizens in both cities were...
New Zealand Police Seize $91 Million From Russian Bitcoin Exchange Operator
23.6.2020
Police in New Zealand confiscated NZ$140 million ($91 million) from Russian bitcoin exchange operator Alexander Vinnik. Vinnik is the alleged owner of the collapsed BTC-e exchange. The funds were seized from bank accounts held by Canton Business Corporation, a New Zealand-registered company...
‘Interesting’ Two-bill Plan May Save ‘Shambolic’ Russian Crypto Law
18.6.2020
Industry insiders say the Russian government’s cryptocurrency policy is “shambolic” and says Moscow “urgently needs to start doing its deliberation behind closed doors,” while other experts welcome a possible two-bill solution.
The comments came after another government ministry spoke out against...
Russian Ministry Slams Bill to Ban Crypto: Will India Follow the Suit?
13.6.2020
The world is standing still this year, every other day we come across something that makes us question, what else are we going to witness this year? And yesterday it was yet another day where the crypto community in India was left in doubt when the finance ministry of India proposed a bill in...
Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market
11.6.2020
Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market.” Russian Ministry...
Russian Central Bank ‘on the Verge of’ Issuing Blockchain Mortgages
11.6.2020
Despite its disdain for all things cryptocurrency-related, Russia’s Central Bank has lost none of its enthusiasm for blockchain – and looks to be doubling down on the technology with its fast-expanding plans to issue digital, blockchain-powered mortgages.
The Central Bank, which has already issued...
The Mysterious Satoshi Nakamoto Allegedly Leveraged a Russian Proxy for Communications
5.6.2020
4,171 days ago in 2009, Satoshi Nakamoto invoked the Bitcoin network after sharing the white paper with people since Halloween 2008. Just recently, it has been discovered that Nakamoto leveraged a Russian proxy to obfuscate his whereabouts and the inventor used the proxy back in January 2009....
Russian Companies Upbeat about Metals, Oil & Gas Tokenization Chances
5.6.2020
Russian companies remain optimistic about their plans to tokenize the mining and extraction of oil, gas and other natural resources, including precious metals – despite lingering concerns about legislation and regulatory hurdles.
As previously reported, Russia may be sliding toward a crypto...
Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
3.6.2020
Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On...
Bitcoin Code Reveals Satoshi Nakamoto Used a Russian Proxy
3.6.2020
Bitcoin code from 2009 indicates that Satoshi Nakamoto likely was hiding behind a Russian proxy
Russian Police Arrest Former Post Office Branch Chief For Mining Crypto at Work
31.5.2020
Former chief of Russian Post local branch is arrested on suspicion of running a crypto mining farm inside the office for almost six months
Russian Authorities Disagree Over Lifting Telegram Ban
27.5.2020
While Russia is facing disagreement over the legal status of Telegram and crypto, both continue operating in the country
Ruling Russian Party’s Blockchain Vote Attacked, Bitcoin 401k + More News
26.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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United Russia, Russia’s ruling political party, which has been using blockchain-powered voting for its primary...
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
24.5.2020
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison...
Blockchain.com to Support Russian Ruble Despite Local Crypto Uncertainty
21.5.2020
Blockchain.com follows Binance in listing the Russian ruble, while local government considers strict regulations for the industry
Russia Considering Draconian Rules for Illegal Crypto Operations
21.5.2020
Harsh new rules for using and issuing digital assets without a license might soon become law in Russia