IMF confirmed the effectiveness of cryptocurrencies to circumvent sanctions

May 11, 2022

IMF confirmed the effectiveness of cryptocurrencies to circumvent sanctions

The experts identified two factors hindering compliance with the restrictions: the lack of a clear legal status and decentralization

Russia required election candidates to provide data on their digital assets

May 9, 2022

Russia required election candidates to provide data on their digital assets

President Vladimir Putin’s decree came into force from the moment of its signing on May 9, 2022

Moody’s: cryptocurrencies are ineffective for the Russian Federation under sanctions

May 6, 2022

Moody’s: cryptocurrencies are ineffective for the Russian Federation under sanctions

The use of digital assets faces serious obstacles, given the low liquidity and small size of the Russian cryptocurrency market

Bitcoin’s collapse to $35 000 and new restrictions for Russians. Key events of the week

May 6, 2022

Bitcoin’s collapse to $35 000 and new restrictions for Russians. Key events of the week

The most important industry news and a detailed analysis of digital assets in the weekly review of Getblock Magazine

RG: Russia’s FAS proposed to include miners in a separate tariff category

May 6, 2022

RG: Russia’s FAS proposed to include miners in a separate tariff category

The expert community called for calculating the consumption rate for household needs and setting a higher cost if it is exceeded

Coinbase exchange to restrict access to accounts of Russian users

May 5, 2022

Coinbase exchange to restrict access to accounts of Russian users

The innovations will affect customers who keep more than €10 000 on their wallets

Bank of Russia recorded an increase in the number of crypto Ponzi schemes

May 5, 2022

Bank of Russia recorded an increase in the number of crypto Ponzi schemes

In the first quarter of 2022, more than 58% out of the total number of identified schemes are related to digital assets, according to the Central Bank’s representative Valery Lyakh

Bitstamp started blocking Russians without the possibility of withdrawing funds

May 5, 2022

Bitstamp started blocking Russians without the possibility of withdrawing funds

The first reports of exchange users being blocked appeared on the Internet

​US Congress proposed to ban exchanges from facilitating crypto transactions by Russians

May 2, 2022

​US Congress proposed to ban exchanges from facilitating crypto transactions by Russians

If the bill is approved, the US Treasury Department will impose new restrictions on citizens of the Russian Federation

Blockchain Association opposed crypto sanctions against Russians

Apr 30, 2022

Blockchain Association opposed crypto sanctions against Russians

Policy chief Jake Chervinsky has said that the US authorities’ bills are not aimed against Russian oligarchs, but US cryptocurrency companies

​Deputies from the “New People” submitted to Russia’s State Duma a draft on the legal regulation of mining

Apr 29, 2022

​Deputies from the “New People” submitted to Russia’s State Duma a draft on the legal regulation of mining

According to the document, individuals will be allowed to engage in cryptocurrency mining, subject to registration as an individual entrepreneur or self-employed person

Snowden’s admission and the record difficulty of bitcoin mining. Key events of the week

Apr 29, 2022

Snowden’s admission and the record difficulty of bitcoin mining. Key events of the week

The most important industry news and a detailed analysis of digital assets in the weekly review of Getblock Magazine