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Crypto News

Russia Moves To Ban Crypto Mining At Power-Subsidised Data Centres

In a recent move, the Russian Government in Moscow is planning to it would block data centres from mining cryptocurrencies if they are found...
Crypto News

Russian Embassy Seeks Clarity From U.S On Detained WEX CEO Dmitry Vasiliev’s Location and Health Condition

The Russian Embassy in Washington, D.C. has formally requested information from the U.S. State Department regarding the status and wellbeing of Dmitry Vasiliev. Dmitry Vasiliev...
Crypto Mining News

Russia Builds Crypto Mining Equipment Register To Stop Illegal Power Use

The Ministry of Energy, the Federal Tax Service and the Ministry of Digital Development of Russia have jointly created a register of cryptocurrency mining...
Crypto News

Ukraine Imposes Sanctions on 60 Companies For Aiding the Transfer of Russian Crypto Amid Ukraine Russia War

In a major development linked to the financial front of the Ukraine-Russia war, Ukrainian President Volodymyr Zelensky has signed a decree. The decree imposes sweeping...
Crypto News

FTX Recovery Trust Cautions That Legal Barriers May Prevent Disbursement of Funds to Users In China and Russia

The FTX Recovery Trust has issued a formal motion to the court seeking approval to adopt new procedures. They aim at facilitating the distribution...
Bitcoin News

Russia Receives 150 Applications For Crypto Mining Registration As New Law Takes Effect

After the introduction of the new mining law on November 1, the Federal Tax Service (FTS) has received approximately 150 applications for registration in...
News

Russia Bans Crypto Mining In Occupied Ukraine Regions Amid Energy Crisis

As the war between Russia and Ukraine enters a new phase, Russian authorities on Tuesday, 19th November, launched a massive ban on crypto mining...
News

Russia Proposes 15% Tax On Crypto Earnings Amid Push To Regulate Crypto Mining

A new 15% cryptocurrency tax has been introduced in Russia following a draft amendment to the tax code. The Ministry of Finance announced this...
News

CEO Of Russia’s Largest State-Owned Bank CEO Says Domestic Crypto Transaction “Not Very Likely”

Herman Gref, the CEO of Sberbank, discussed ongoing cryptocurrency regulation in Russia during his speech at the “FI day. Blockchain: on the edge of...
Bitcoin News

Russia Mines 54K Bitcoins In 2023, Adds 50 Billion Rubles To State Revenue

According to a Russian local news report, Russia has emerged as a significant player in the global cryptocurrency mining industry, with 54,000 bitcoins mined...
Ethereum news

Russia To Set Up Two Cryptocurrency Exchanges To Support Foreign Economic Activity

Russia has planned to establish two new cryptocurrency exchanges, one in Moscow and another in St. Petersburg, to support foreign economic activity (FEA). These...
News

Russia Moves to Regulate Cryptocurrencies Amid Sanctions Pressure

Russia is moving to regulate the use of cryptocurrencies as companies face increasing difficulties in foreign payments due to US sanctions over the war...
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