A young man has been arrested in Russia for transferring a large amount of money in cryptocurrency to Ukraine, still invaded by …
Russia
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Regulation
Bank of Russia introduces strict account requirements in amended digital ruble rules
by shayaanby shayaanRussia’s monetary authority has updated the rules for opening digital ruble accounts, and the end result is a complicated procedure for ordinary …
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Regulation
BRICS Nation Russia Drafts Bill To Make Crypto Assets ‘Commonplace’ in Daily Life: Report
by shayaanby shayaanDigital assets are poised to become a routine part of daily life in Russia as lawmakers advance legislation to remove them from …
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Mining
Bitcoin miners in Russia worry about sanctions as government starts collecting wallet addresses
by shayaanby shayaanRussian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data. Bitcoin (BTC) …
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Russia now requires crypto miners to report earnings by the 20th of the following month, tightening oversight and restricting mining to approved …
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Russia’s Ministry of Energy plans to introduce a nationwide registry for crypto mining equipment, making registration mandatory for all operations. According to …
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Regulation
Russia Tightens Digital Asset Rules With Stricter Trade Oversight Standards
by shayaanby shayaanRussia’s central bank now mandates the registration of foreign exchange trade contracts involving digital rights, aiming to enhance oversight, integrate cryptocurrencies, and …
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Throughout the years, Russia has been sending conflicting signals over its relationships with cryptocurrencies. Lately, the Kremlin seemingly started to embrace crypto. …
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Markets
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
by shayaanby shayaanThe Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry’s high power consumption, Tass reported. …
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Mining
Russia Bans Crypto Mining in 10 Regions Until 2031: Key Details Revealed
by shayaanby shayaanRussia has announced a major decision to regulate cryptocurrency mining by banning it in 10 regions until 2031. The restrictions, which will …