In short Treasury Department sanctions alleged that Sergey Sergeyevich Zelenyuk and Operation Zero operated as a Russian network of operators. According to …
Russian
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Authorities in Russia’s Republic of Dagestan have opened a criminal investigation against a local man suspected of financing terrorism, the state news …
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Mining
Major Russian broker Finam plans to launch crypto mining fund as soon as this week
by shayaanby shayaanFinam, one of the largest brokers in Russia, has registered a new crypto mining fund with the central bank and aims to …
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Russian brokerage firm Finam has registered the country’s first cryptocurrency mining-focused investment fund with the Bank of Russia. The company plans to …
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Analysis
Pro-Ukrainian Crypto Exchange WhiteBIT Designated “Undesirable” by Russian Authorities
by shayaanby shayaanThe Russian government has banned its citizens from interacting with the crypto exchange WhiteBIT due to the company’s contributions to the Ukrainian …
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Mining
Russian Bitcoin miners fear new mining registry could lead to security breaches
by shayaanby shayaanRussian Bitcoin miners are concerned about a government mandate requiring wallet addresses to be included in a national registry. Russian lawmaker Anton …
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Finance
Russian State Duma Profiles Digital Ruble as a Sanctions-Sidestepping Tool
by shayaanby shayaanThe Russian State Duma is considering using the digital ruble to maintain transparency in public spending and to sidestep sanctions. Deputy Chairman …
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Mining
Russian Grid Operator Rosseti Eyes Crypto Mining to Power Up Underused Plants
by shayaanby shayaanRosseti, Russia’s electric grid operator, is exploring crypto mining to utilize electricity from power plants with low consumption. This could involve building …
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Key Takeaways Rosseti Group is exploring cryptocurrency mining opportunities at underutilized power centers. The company aims to coordinate mining infrastructure deployment and …
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Regulation
Russian Sentenced to Seven Years in Prison for Sending Crypto Assets to Ukrainian Military: Report
by shayaanby shayaanAn employee of a diamond mining company in Russia was reportedly sentenced to seven years in prison for providing financial assistance to …