Bitcoin News / Bitcoin.com - 1 year ago
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after r...
Bitcoin News / Google News Bitcoin - 1 year ago
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia – Mining Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to fac...
Bitcoin News / Bitcoin.com - 1 year ago
Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds f...
Bitcoin News / Bitcoin.com - 1 year ago
A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on the prices of physical gold, the bank said, emphasizing that the...
Cryptocoins News / Blockchain - 1 year ago
The first gold-backed digital financial assets were issued by Russia's biggest bank, Sber (previously Sberbank) (DFAs). Gold-backed DFAs represent certified monetary rights whose price and volume rely on gold prices. In July, Sber issued three-month...
Cryptocoins News / The Cointelegraph - 1 year ago
The issuance became the second major operations of the bank with the new class of assets. Russia’s largest bank Sber — formerly known as Sberbank — reported the firs...
Bitcoin News / Bitcoin.com - 1 year ago
A Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitari...
Bitcoin News / Bitcoin.com - 1 year ago
Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohibits banks from using chats to send personal data a...
Bitcoin News / Bitcoin.com - 1 year ago
Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russi...
Bitcoin News / Bitcoin Magazine - 1 year ago
The head of the State Duma finance committee reportedly said Russia will legalize the use of cryptocurrency for international trade in January 2023.Russia’s Congressional finance committee chairman, Anatoly Aksakov, said the country is moving to gree...
Bitcoin News / Google News Bitcoin - 1 year ago
Russia Close To Legalizing International Trade In Bitcoin, Crypto: Head Of Finance Committee& & Bitcoin Magazine