Cryptocoins News / CoinJournal - 3 years ago
China and Turkey have recently made headlines after authorities in both countries announced nationwide crypto crackdowns According to a report yesterday on local Russian news outlet Interfax, Russia’s Deputy Finance Minister Alexei Moiseev has...
Bitcoin News / Bitcoin.com - 3 years ago
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a...
More / Bitcoin Reddit - 3 years ago
submitted by /u/C4-PO [link] [comments]
Cryptocoins News / The Cointelegraph - 3 years ago
Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin. While Russia continues to enforc...
Bitcoin News / Bitcoin.com - 3 years ago
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has been deemed illegal meaning the country’s telecom watchdog can block access to...
Bitcoin News / Bitcoin.com - 3 years ago
Cryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative of the legislature, the Russian parliament needs to provide them wi...
Cryptocoins News / The Cointelegraph - 3 years ago
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases. Anatoly Aksakov, chairman of the Russian State Dum...
Bitcoin News / Bitcoin.com - 3 years ago
Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most aff...
Bitcoin News / Bitcoin.com - 3 years ago
The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce...
Bitcoin News / Bitcoin.com - 3 years ago
The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against Finiko associates. Authorities are also working to identify more victi...
Bitcoin News / Bitcoin.com - 3 years ago
The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal cre...
Bitcoin News / Bitcoin.com - 3 years ago
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomwa...
Bitcoin News / Bitcoin.com - 3 years ago
Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding a...
Bitcoin News / Bitcoin.com - 3 years ago
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russ...
Cryptocoins News / The Cointelegraph - 3 years ago
The exchange was previously known as BTC-e, though its name was changed to WEX following legal difficulties in 2017. BBC Russia has reported that Dmitry Vasiliev, the...
Cryptocoins News / The Cointelegraph - 3 years ago
As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried. BitRiver, the largest cryptoc...
Cryptocoins News / The Cointelegraph - 3 years ago
The Russian central bank is planning to slow down payments to crypto exchanges and combat suspicious crypto activity. As cryptocurrency investments get more popular in...
Bitcoin News / Bitcoin.com - 3 years ago
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help...
Bitcoin News / Bitcoin.com - 3 years ago
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspi...
Bitcoin News / Bitcoin.com - 3 years ago
Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency regulation...
Bitcoin News / Bitcoin.com - 3 years ago
Law enforcement in the Russian republic of Tatarstan have made new arrests in connection with the crypto Ponzi scheme Finiko. Two women detained this week are believed to have attracted millions of dollars to the pyramid. The now collapsed Finiko lur...
Cryptocoins News / CoinJournal - 3 years ago
Recognition for crypto mining will also allow the government to formally tax miners, a State Duma official has said Russia is likely to see the cryptocurrency mining industry regulated under the country's broader local business laws if a move by lawm...
Bitcoin News / Bitcoin.com - 3 years ago
A high-ranking representative of Russia’s notorious Finiko Ponzi scheme has been arrested in Tatarstan. Ilgiz Shakirov, a businessman from Kazan, rose to the rank of vice president of the crypto pyramid which is believed to have defrauded mill...
Cryptocoins News / The Cointelegraph - 3 years ago
Russia is moving to regulate cryptocurrency mining after legitimizing the broader crypto industry in January. As Russian cryptocurrency advocates are working to attrac...
Bitcoin News / Bitcoin.com - 3 years ago
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a statement to the press, Dmitry Peskov revealed he is convinced th...
