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Russia

Russia’s State Duma wants to regulate block reward mining as business
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14 September, 2021

Russia’s State Duma wants to regulate block reward mining as business

The State Duma is considering giving miners legal recognition as a form of entrepreneurship under local business laws, opening Russia...
Russia is not ready for digital currency payments, Kremlin says
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12 September, 2021

Russia is not ready for digital currency payments, Kremlin says

A representative of President Vladimir Putin put it beyond doubt that Russia doesn’t intend to reverse the digital currency payments...
Sber announces plans to register digital platform with Bank of Russia
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7 September, 2021

Sber announces plans to register digital platform with Bank of Russia

The state-owned Sber recently rebranded from Sberbank to become a leader in technology and financial technologies, rather than solely in...
Russia: Man who stole friend’s mining rig gets 3 years’ jail time
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3 September, 2021

Russia: Man who stole friend’s mining rig gets 3 years’ jail time

The man stole his friend’s block reward mining rig in February but was unable to use it due to lack...
Actor Steven Seagal must pay ICO promotion fines: US judge
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31 August, 2021

Actor Steven Seagal must pay ICO promotion fines: US judge

Seagal promoted the ICO of Bitcoiin2Gen without disclosing he was getting $1 million for his troubles. The actor agreed to...
$100M BTC Ponzi scheme Finiko founder arrested in Russia
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20 August, 2021

$100M BTC Ponzi scheme Finiko founder arrested in Russia

Moscow police arrested Kirill Doronin on charges of allegedly defrauding $100 million from his investors, although some reports purport the...
Bank of Russia wants digital currency companies out of stock exchanges
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27 July, 2021

Bank of Russia wants digital currency companies out of stock exchanges

The Bank of Russia recently sent a letter to stock exchanges urging them to stay away from companies that deal...
Russia set to enforce new rules for seizing digital currency
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12 July, 2021

Russia set to enforce new rules for seizing digital currency

Prosecutors are preparing to enforce powers which could see them taking control of digital currency found to have been obtained...
Telegram faces new lawsuit over failed TON project
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28 May, 2021

Telegram faces new lawsuit over failed TON project

Da Vinci Capital filed the lawsuit against instant messaging company Telegram, claiming to have lost over $70 million in the...
Russian lawmakers weighing partial reversal of digital currency payments ban
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26 May, 2021

Russian lawmakers weighing partial reversal of digital currency payments ban

The reports note that some lawmakers in the country are considering revising some aspects of the payments ban including allowing...
Russian candidates to declare digital currency holdings after new bill passes
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24 May, 2021

Russian candidates to declare digital currency holdings after new bill passes

The State Duma adopted a new bill that seeks to dig into aspiring public officials’ digital currency holdings in its...
Digital ruble to play big part in Russia’s future as it releases 3-year strategy
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22 April, 2021

Digital ruble to play big part in Russia’s future as it releases 3-year strategy

As per a new report by the country’s central bank, the digital ruble will need to be accessible both online...