Anticipating growing demand for computing power to meet the needs of digitalization and artificial intelligence, Russia is now going to ban cryptocurrency …
Russia
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Russia has created a comprehensive register of cryptocurrency mining equipment, which aims to identify electricity consumers involved in mining, facilitating special regulations …
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Mining
Russia launches crypto mining equipment registry to curb illicit activity
by shayaanby shayaanThe Russian Ministry of Energy has introduced a nationwide registry for Bitcoin mining equipment to enforce tax regulations and curb unauthorized activity. …
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Mining
Russia launches national crypto mining registry to crack down on illegal operations
by shayaanby shayaanRussia is intensifying its crackdown on illegal cryptocurrency miners by launching a national registry of mining equipment, which would help identify unregistered …
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Finance
The Governor of the Central Bank of Russia Speaks Clearly About Bitcoin (BTC) and Cryptocurrency Investments This Time!
by shayaanby shayaanAlthough Russia has started to ban the use of Bitcoin and cryptocurrencies in international payments, it still maintains its cautious approach. At …
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Mining
President Putin blames energy deficits for the creeping ban on crypto mining across Russia
by shayaanby shayaanPresident Putin of Russia has blamed growing energy deficits caused by the booming minting of digital currencies for a creeping ban on …
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Markets
Russia to launch Its Own Ruble-backed Stablecoin, RT-Pay Payment Platform
by shayaanby shayaanRussia’s state-owned technology giant Rostec is stepping into the digital finance space with big plans. The company is set to launch its …
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Russia needs to legalize the domestic exchange of cryptocurrencies, the head of the sanctioned country’s tax authority has suggested. Russia’s recently regulated …
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The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS …
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In brief A recent Reuters report details how Russian intelligence agencies used Bitcoin to pay a teenage spy who was recently sentenced …