Bitcoin News / Bitcoin.com - 2 years ago
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the sh...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in Russia are mulling over the possible use of digital currencies for international payments, a high-ranking official from the finance ministry has indicated. If recognized as property, he noted, cryptocurrency can be utilized in barter d...
Cryptocoins News / The Cointelegraph - 2 years ago
The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier this year. The Moscow-based I...
Bitcoin News / Bitcoin.com - 2 years ago
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state bud...
Bitcoin News / Bitcoinist - 2 years ago
The City Court of St. Petersburg in Russia made a judgement that legally acknowledged digital assets less than a week after the Russia’s Industry and Trade Minister Denis Manturov said that Russia would definitely legalize crypto as a means of...
Bitcoin News / Bitcoin.com - 2 years ago
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city descr...
Cryptocoins News / The Cointelegraph - 2 years ago
In less than a month, the draft of a crypto mining bill in the Russian parliament has lost several key points, such as the obligation for mining operators to join a special registry and a one-year tax amnesty for all those who've registered. As the r...
Bitcoin News / Bitcoin.com - 2 years ago
A court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project’s website in the country. Due to violations during the initial proceedings, the case has been returned to the court of the f...
Bitcoin News / Bitcoin.com - 2 years ago
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices.
De...
Bitcoin News / Bitcoin.com - 2 years ago
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs a...
Bitcoin News / Bitcoin.com - 2 years ago
Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses.
...
Cryptocoins News / Blockchain - 2 years ago
Within months, the sentiments to ban in Russia have , and at present, key government officials are the ones advocating for ways to incorporate the nascent asset class into the system.
In a recent revelation, Russia’s Minister of Industry and Trad...
More / Bitcoin Reddit - 2 years ago
If there is one country where regulations of cryptocurrencies have often been turned upside down, it is Russia. At first, crypto was very popular there because of the high level of corruption in the country. But later, the central bank declared that...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week.
Cry...
Bitcoin News / Bitcoinist - 2 years ago
Since January 1 of last year, cryptocurrencies have been legal in Russia, however they cannot be used to purchase goods or services.
Russia recently enacted a new cryptocurrency law that, although falling short of the previous cryptocurrency prohibit...
Cryptocoins News / The Cointelegraph - 2 years ago
Russia will legalize crypto payments “sooner or later,” according to the Minister of Industry and Trade of the Russian Federation, Denis Manturov. The country’s government has been exploring various crypto adoption plays throughout 2022, but is yet t...
Bitcoin News / Bitcoin.com - 2 years ago
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Co...
Bitcoin News / Bitcoin.com - 2 years ago
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent inte...
Cryptocoins News / The Cointelegraph - 2 years ago
Authorities in the U.S. states of Alabama, Kentucky, New Jersey, Texas and Wisconsin have filed enforcement actions against the Flamingo Casino Club for allegedly perpetrating a scam through nonfungible tokens (NFTs) tied to a metaverse casino.In a W...
Bitcoin News / Bitcoin.com - 2 years ago
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine hav...
by COINS NEWS - 2 years ago
They say the night is darkest before the dawn. We may have experienced our darkest hour with everything going wrong at once in the past few weeks, and then getting hit with a black swan event with a stablecoin getting de-pegged, right when we were te...