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Russian Companies Pushing Gov’t for Crypto, Blockchain Legislation
3.2.2020
The man charged with putting together a legal framework for Russia’s cryptocurrency and blockchain technology industry has insisted that legislation will be in place before the year’s end, and has hinted that Russian companies are keen to begin blockchain and cryptocurrency operations.
In...
Blockchain Spending Plummets at Russian Giant Rostec as Hype Wanes
28.1.2020
The state-sponsored Russian technology firm Rostec aims to halve its blockchain research and development fund and now estimates smaller effects on the economy.
The company stated that it plans to spend RUB 28.4 billion (USD 453.2 million) on blockchain technology by 2024, Kommersant reported...
Russian State-Run Tech Firm to Decrease Spending on Blockchain by 50%
27.1.2020
Rostec plans to cut spendings on blockchain development in Russia by at least 50%
Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France
25.1.2020
Alexander Vinnik, the Russian-born IT specialist who spent over two years in detention in Greece, where he was arrested on a U.S. warrant, is now in Paris. The alleged BTC-e operator, suspected of laundering at least $4 billion through the now defunct crypto exchange, has been handed over to France...
Russia’s New Prime Minister Has an Opinion of Cryptocurrencies
17.1.2020
The Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell...
Direct Democracy Party to Solve Issues With Crypto Rights in Russia
16.1.2020
A new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues that concern the crypto space. Also read:...
Russian Oil Industry 'Waits' as Medvedev Says Token Regulation Needed
10.1.2020
Dmitry Medvedev. Source: a video screenshot, Youtube, naiumeedlivestream
Russian Prime Minister Dmitry Medvedev has underlined the need for his country to introduce digital asset token regulation at a legislative level, but says Moscow must take time to find a tailor-fit solution.
And there...
A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners
8.1.2020
A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub
Russian Programmer 'Sends' USD 450m in Crypto to Fraudsters + More News
30.12.2019
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.
Legal news
Russian computer programmer Alexei Bilyuchenko, who was involved in the collapse of Wex (World Exchange Services)...
Binance Launches New Trading Pairs With Turkish Lira & Russian Ruble
26.12.2019
Binance has announced the addition of four new trading pairs supported by two fiat currencies, namely Turkish Lira (TRY) and Russian Ruble (RUB). The newly included trading pairs are ETH/TRY, XRP/TRY, USDT/TRY, and USDT/RUB. Trading with these new pairs was kickstarted on December 25, 2019, at 8...
Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property
26.12.2019
A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto...
Greek Court Suspends Decision to Extradite Alexander Vinnik
25.12.2019
The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through...
Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations
19.12.2019
Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over...
Russian Authorities Charge Two Anonymous Crypto Scammers
17.12.2019
Ever since the popularity of cryptocurrencies has seen a tremendous jump in the financial market, the rate of crimes, frauds, and illicit activities concerning digital assets have also surged up at an equally fast pace. In a recent incident, the regulatory authorities held two Russian citizens...
2 Russian Nationals Charged With Mining Crypto on State Computers
16.12.2019
Two Russian nationals are being prosecuted for allegedly crypto mining on Russian government-owned computer systems, state news agency TASS reported Monday
Russia’s Hydra Darknet Marketplace Plans $146M Token Sale
14.12.2019
According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory...
MARKETS DAILY: Russian Drugs and The Most Illegal ICO Ever?
13.12.2019
With bitcoin recovering after four straight days of decline we're talking about what may be the most illegal ICO ever, tokens for Mongolian taxi fares, Bitmain’s Texas hedge and one "suicidal" startups surprising success
Russian Govt Official: Crypto Regulation is the International Issue
12.12.2019
Russia should not “run ahead” of other countries and take the role of a global trendsetter in crypto regulation due to financial crime risks, according to Yuri Chikhanchin, the director of the Federal Financial Monitoring Service (Rosfinmonitoring).
Speaking at the Federation Council, the upper...
Russian Smelting Giant Begins Testing Digital Trading Platform
5.12.2019
Russian mining giant has begun trialing its platform for trading digital tokens backed by metals
Binance Crypto Exchange Adds Four Trading Pairs for Russian Ruble
2.12.2019
Cryptocurrency exchange Binance launches four trading pairs against the Russian ruble including Bitcoin, Ether, XRP and Binance Coin