Russian central bank proposes blanket ban on crypto mining and trading
Russian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments Go to Source Powered by WPeMatico
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Russian Orthodox Patriarch is not a Bitcoiner, church clarifies
A video emerged claiming that the leader of the Russian Orthodox Church was blessing financial investments. Go to Source Powered by WPeMatico
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia. Illegal Crypto Farm Burns 1.3 … Read more
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners
Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets. The parliamentarian also urged for the comprehensive regulation of crypto mining and taxation. Aksakov Warns Russian Crypto Investors They Can Lose Everything Russians have put … Read more
Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members
Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB … Read more
Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. Anti-Corruption Official Pushes for Rules to Mitigate Risks of … Read more
Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group Holding, the owner of the Russian Tinkoff Bank, has reportedly … Read more
Russia’s National Finance Association Calls for Legalization of Crypto Investments
The main finance industry association of Russia has urged authorities to reconsider a position against crypto investments in the nation’s financial market strategy. The organization insists that the crypto investments of Russians should be brought out of the “gray zone” instead of being banned. Finance Industry Body Urges Government to Regulate Operations With Crypto Assets … Read more
Russian protest group Pussy Riot seeks to tackle gender inequality in the NFT space
The Russian punk rock collective Pussy Riot plans to launch a DAO that will be promoting LGBTQ+ and women artists. Go to Source Powered by WPeMatico
Owner of Russian bank Tinkoff acquires Swiss digital asset firm
Russian banks have been increasingly moving into the digital asset market despite the Bank of Russia’s hostility toward crypto. Go to Source Powered by WPeMatico