Despite crippling sanctions from the US and its allies, Russia has defied expectations by experiencing a surprising 4.1% economic growth in 2023. This unexpected surge, confirmed by the […]
Russia Enacts Legislation to Criminalize Illegal Crypto Mining
Russia is taking a decisive step to combat illegal cryptocurrency mining, proposing criminal penalties for such activities. This move aims to prevent financial system exploitation and redirect mining […]
Russia Tightens Control on Crypto Mining: Criminal Penalties for Illegal Operations
The Russian government is taking a hard stance against illegal cryptocurrency mining as it seeks to tighten regulation within the industry. This move, spearheaded by Rosfinmonitoring Russia, aims […]
Mendeleev’s Proposal for a Decentralized, Anonymity-Focused Cryptocurrency: Challenges and Opportunities
Sergey Mendeleev has introduced a bold vision at the Moscow Blockchain Forum: a ruble-backed digital currency that blends anonymity with decentralization. His proposal utilizes smart contracts resistant to […]
Mendeleev Proposes Revolutionary Ruble-Linked Cryptocurrency
At the Moscow Blockchain Forum, Sergey Mendeleev unveiled a groundbreaking vision for a cryptocurrency backed by the Russian ruble. His proposal promises untraceable transactions, anonymized transfers, and decentralized […]
Russia to Criminalize Illegal Crypto Mining: Tougher Regulations for Cryptocurrency Operations
Russia is taking a decisive stance against illegal cryptocurrency mining, aiming to combat money laundering through stricter legislation. Rosfinmonitoring, the country’s anti-money laundering agency, has proposed amendments that […]
Russia Prepares to Prosecute Illegal Cryptocurrency Mining
The Russian government is taking a strong stance against illegal cryptocurrency mining, proposing criminal charges as a response to concerns about money laundering activities. Russia’s Federal Financial Monitoring […]
Russia Tightens Grip on Illicit Crypto Mining, Impacting Bitcoin Operations
Russia’s crackdown on illicit cryptocurrency mining has intensified in recent months, driven by concerns over energy consumption and grid strain. The Russian government is implementing stricter measures to […]
Russia Tightens Regulations on Crypto Mining as Part of Anti-Money Laundering Drive
Russia is taking a decisive step in its battle against illegal cryptocurrency mining, aiming to curb the use of cheap electricity for illicit financial activities and potentially influencing […]
Kim Jong Un Used Crypto Heist to Fund Putin’s War, Sources Claim
North Korea’s Supreme Leader Kim Jong Un allegedly used stolen cryptocurrency funds, worth over $1.5 billion, to support Russia’s invasion of Ukraine, according to a new report. The […]
Russia Delays Digital Ruble Launch to 2026, Focusing on Pilot Testing
The Russian Central Bank has shifted its timeline for the launch of the digital ruble (eDR), pushing it back to 2026. This decision comes after a comprehensive pilot […]
Russia to Launch Digital Ruble Payment Network in 2026
The Russian Central Bank announced a significant milestone: the launch of its digital ruble payment network is slated for 2026, enabling citizens to utilize the digital currency through […]
Russia Prepares Digital Ruble Payment Network for 2026 Launch
Russia’s Central Bank has confirmed a planned launch of its digital ruble payment network in 2026, according to reports by PANews. This timeline represents an earlier than anticipated […]
Russian Crypto Exchange Mosca Targeted by Police Amid Cash-to-Crypto Ban Talk
Following Russia’s exploration of a ban on cash-based cryptocurrency transactions, local crypto exchanges have faced police raids. The Moscow International Business Center was the target of one such […]
Mosca Crypto Exchange Raided in Russia Amid Cash-to-Crypto Debate
Mosca, a prominent Russian crypto exchange focused on cash transactions, was raided by authorities on April 23rd, coinciding with the ongoing debate in Russia to ban these types […]