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Russian Metal Giant’s Tokenization Firm Expands to America
16.10.2020
U.S. investors can invest in tokens representing rare metals as Russian mining giant Nornickel expands its tokenization firm
Five Russian Commercial Banks Eager to Pilot Digital Ruble in 2021
16.10.2020
Russia’s “cryptoruble” – its central bank digital currency (CBDC) initiative – is seemingly picking up momentum after years spent in limbo.
Earlier this month, the Russian Central Bank announced that it would consider debuting a digital token, after a year ago stating that there was no need...
Five Russian banks express interest in piloting digital ruble
16.10.2020
The first pilots of Russia’s digital currency are expected to launch in H1 2021
Authorities Arrest 20 Suspected of Ties to Russian Rapper’s Alleged Money Laundering Syndicate
15.10.2020
Authorities accuse QQAAZZ of mounting a laundering-as-a-service operation for the criminal underworld
Former Gulag in Russian Arctic Bids to Become Bitcoin Mining Hotspot
15.10.2020
Norilsk.
A Russian firm is set to open a hotel with a difference in the Arctic Circle – although it isn’t the kind most folks would ever dream of visiting. Instead it’s a crypto mining “hotel” fitted with ASIC bitcoin (BTC) mining rigs and powered with 11.2 MW of electrical energy.
In a uniquely...
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