Russia

Auto Added by WPeMatico

No License Needed to Mine Cryptocurrencies in Ukraine

by

Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners while mining costs in many other corners of … Read more

Russia’s Largest Banks to Offer Crypto Trading Platforms

by

While most financial institutions have continued to be proponents of the ‘blockchain is good, cryptos are bad’ narrative, two of Russia’s largest banks are piloting a new cryptocurrency program for their clients. The two, Sberbank and Alfa-Bank, will offer their clients shares in a special new fund that will list six cryptocurrencies initially. The platforms … Read more

Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of Football

by

The world loves football (or soccer) and crypto companies won’t let the craze expire without tapping into it. Fans can now make predictions and place bets on a blockchain-based platform with a prize fund in cryptocurrency. Unfortunately, not only legitimate businesses, but also scammers have been trying to take advantage of the emotions surrounding the … Read more

Strong Demand for Crypto Experts on the Russian Labor Market

by

Statistics from leading job search platforms indicate that the demand for cryptocurrency and blockchain specialists in Russia remains strong. Most employers offering these vacancies are either IT companies or banks. The competition for crypto expertise is getting tougher, as the country is preparing to finally regulate the fintech sector.   Also read: Crypto Incomes Declared … Read more

Crypto Incomes Declared on Tax Returns in Russia

by

Taxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. The Finance Ministry has again clarified the applicable tax rules, while the State Duma is still fine-tuning the upcoming regulations. Also read: Russian Railways Eyes Crypto for Tickets, … Read more

Russian Government Website Was Affected by a Malicious Cryptocurrency Mining Script

by

There have been a lot of incidents involving cryptocurrency mining. This has become especially apparent where malicious mining scripts on various websites are concerned. It seems one official website in Russia has fallen victim to a malicious mining attack which ran for ten full days. Another Cryptocurrency Mining Incident It is neither the first nor … Read more

You have not selected any currencies to display