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Till Lindemann, lead singer of the German metal band Rammstein, has angered Russia’s renowned Hermitage Museum with a crypto initiative. The musician seeks over a hundred thousand euros for an NFT collection containing footage and imagery shot in the cultural institution. The tokens have been created without its authorization. German Singer Till Lindemann Sells NFTs … Read more
The Security Service of Ukraine (SBU) has closed down a number of “underground” crypto exchangers in Kyiv. Officials say the platforms have been making a million dollars in monthly turnover and allegedly sending money to digital wallets operated by Russian payment providers. Law Enforcement Busts Cryptocurrency Exchangers in Ukraine Officers from Ukraine’s main law enforcement … Read more
The Bank of Russia expressed concerns over the increasing number of local investors pouring their money into Bitcoin. Go to Source Powered by WPeMatico
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep Record of Cryptocurrency Wallets Used for Illicit Purposes Russia’s financial watchdog, Rosfinmonitoring, has selected a … Read more
A Russian company indirectly backed by Russia’s largest bank will build a crypto tracking platform as part of a $200,000 procurement contract. Go to Source Powered by WPeMatico
A court has ordered one of Russia’s largest banks to lift restrictions imposed on the accounts of a Russian citizen who was selling digital coins on cryptocurrency exchanges. The state-owned giant Sberbank will now have to unblock its client’s cards and restore his access to its online banking platform. Regional Court in Russia Rules in … Read more
According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades. Go to Source Powered by WPeMatico
The Central Bank of Russia (CBR) has identified 146 financial pyramid schemes in only six months this year. Fraudsters often lure people with weak financial literacy into investment scams linked to cryptocurrencies or crypto mining operations. Pyramid Schemes Thrive Amid Rising Investment Demand, Bank of Russia Says The number of financial pyramid scams uncovered by … Read more
A new project in Russia aims to enable secure storage of inherited digital possessions like Bitcoin using a cloud-based service of state-owned Sberbank. Go to Source Powered by WPeMatico
Researchers in Moscow are developing a new service that will allow users to transfer digital data to their heirs, including crypto keys. The Russian “time capsule” will be capable of storing and relaying other private information as well such as a record of the whereabouts of valuable items. Russian Universities to Provide Service Allowing Crypto … Read more
