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PortuguêsRussia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but…
Continue ReadingBitcoin is not welcome in Russia. The Central Bank of Russia, this year, put in place legislation that bans the issuance and circulation of cryptocurrencies. But officials in the country…
Continue ReadingAuthorities in Russia appear to be going after Binance — the world’s largest cryptocurrency exchange — as its domain is now in the list of prohibited websites in the country.…
Continue ReadingRussia’s Ministry of Finance is continuing to push regulations for the cryptocurrency industry by proposing new tax requirements. The ministry now reportedly wants to introduce criminal liability for failure to…
Continue ReadingRussian First Deputy Prime Minister Andrey Belousov, addressing the higher chamber of the Russian parliament on Wednesday, named blockchain as one of the technologies that the government will prioritize in the…
Continue ReadingMajor cryptocurrency exchange Huobi Global is expanding in Russia by rolling out its native mobile app in the country. Users in Russia can now access Huobi’s spot market and trade…
Continue ReadingFormer police chief Yuri Zaitsev was recently sentenced to eight years in prison for acting as a bounty hunter for a dark web marketplace. In December 2018, Zaitsev was working as…
Continue ReadingCrypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain…
Continue ReadingThe two Russians who were sanctioned earlier this week by the U.S. Treasury Department on accusations of being crypto thieves allegedly got their millions through market manipulation and phishing. Prosecutors…
Continue ReadingOn September 14, the blockchain analysis firm Chainalysis reported on the infamous Russian darknet marketplace (DNM) known as Hydra and noted the DNM is Eastern Europe’s “sixth-largest service by volume…
Continue ReadingRussian pop singer Oleg Kenzov has completed the first digital rights transfer of a song he wrote using a blockchain platform backed by the government. According to VC.ru, the studio…
Continue ReadingClose to 30,000 votes were recorded on the blockchain during the Russian parliamentary elections in what appears to have been the biggest case of blockchain-based voting yet. The blockchain component…
Continue ReadingA subsidiary of Russia’s largest bank, Sberbank, has joined a blockchain-based platform for commodity trade finance. Sberbank Switzerland AG has signed an agreement with Swiss trade finance platform Komgo to…
Continue ReadingBlockchain forensics firm Chainalysis has found that darknet markets exert a disproportionate presence in Eastern Europe’s crypto sector. In an excerpt from Chainalysis’ 2020 Geography of Cryptocurrency Report, the firm…
Continue ReadingGraphic cards’ sales in Russia are surging amid an increase in remote work as well as the apparent growth in cryptocurrency mining, a new report says. According to several local…
Continue ReadingEvery Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note One of the most persistent myths about Bitcoin is…
Continue ReadingRussia’s new cryptocurrency-related law, “On Digital Financial Assets,” or DFA, seems to have had little impact on the local cryptocurrency industry so far. In its current form, the DFA law…
Continue ReadingEarlier today, the U.S. Department of the Treasury updated its Specially Designated Nationals List, adding several individuals and a number of cryptocurrency addresses. One of the individuals added was Artem Mikhaylovich…
Continue ReadingThe U.S. filed criminal charges against Russian national Artem Lifshits for his management of an affiliate of the infamous Internet Research Agency, which U.S. authorities accuse of interfering in the 2016…
Continue ReadingSept. 10 updates to the U.S. Treasury’s sanctions include Russian nationals who allegedly worked to interfere in U.S. elections. The updates specifically target a laundry list of crypto wallet addresses…
Continue ReadingAs Russia is set to pilot a blockchain-based e-voting system in September, the country’s federal elections authority has provided public access to the platform’s source code. According to an official…
Continue ReadingDeveloping countries are driving retail crypto adoption, and Ukraine is leading the way, according to a new report by blockchain analytics firm Chainalysis. Ukraine, Russia and Venezuela are the top…
Continue ReadingInternational cryptocurrency giant Binance is not going to give up launching the Binance Card in Russia despite the upcoming ban on crypto payments. Binance, the world’s largest crypto exchange by…
Continue ReadingNot unlike many other jurisdictions around the world, Russia has come to recognize the potential benefits and risks flowing from cryptocurrencies by taking its first step to define and codify…
Continue ReadingThe Russian Ministry of Finance has drawn up a new draft bill that echoes a previous attempt to outlaw cryptocurrency use and, if passed, would have a major impact on…
Continue ReadingAuthorities in Russia continue the game of ping pong in regulating cryptocurrencies like Bitcoin (BTC) even after passing the country’s first crypto law. Russia’s Ministry of Finance has reportedly proposed…
Continue ReadingIt is customary for government officials around the world to profess their disdain for crypto on the grounds that it is widely used to facilitate crime and finance terrorism. Although…
Continue ReadingRussia’s new blockchain-based voting system needs more work before it can be used in nationwide elections, according to the nation’s Central Election Commission. While recent user tests were promising, the…
Continue ReadingIt has been a bad couple of weeks for pro-Bitcoin / anti-Putin activists in Russia. First, on August 20, opposition leader Alexei Navalny was poisoned, and then on August 31,…
Continue ReadingOn Aug. 30, a Github user made a post about losing 1,400 Bitcoin (BTC) via an elaborate hack that affected his Electrum wallet. N-chain analysis indicates that the hackers had…
Continue ReadingThe Chechen leader Ramzan Kadyrov shared some harsh comments about cryptocurrencies amid growing interest in the technology amongst Chechnya’s citizens. According to Pravda, Kadyrov claimed that the media is presenting…
Continue ReadingThe Russian government wants to know what the country’s data centers are up to, and that includes cryptocurrency mining farms. The Ministry of Digital Development, Communications and Mass Media has…
Continue ReadingThe Department of Justice has charged Russian citizen Egor Igorevich Kriuchkov with conspiracy to damage a protected computer system after he allegedly bribed an employee of a Nevada company with…
Continue ReadingRussian telecommunication giant Rostelekom, together with the Russian Ministry of Digital Development and Communications, tested a blockchain-based voting system developed in collaboration with Waves Enterprise. As local news outlets reported,…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingBestChange.ru, a major cryptocurrency website in Russia, has got blocked shortly after local lawmakers finally passed the country’s crypto legislation. An aggregator of about 400 local crypto exchange websites, BestChange.ru…
Continue ReadingThe fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment…
Continue ReadingSberbank, the largest state-owned bank in Russia, is working with a major domestic airline company to introduce a blockchain-based ticket sale system. Russia’s largest bank is reportedly collaborating with S7…
Continue ReadingThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent…
Continue ReadingAs part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market…
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