Reuters: The Central Bank of the Russian Federation plans to ban cryptocurrencies in Russia

Dec 17, 2021

Reuters: The Central Bank of the Russian Federation plans to ban cryptocurrencies in Russia

The regulator sees them as a threat to financial stability in the country because of the rise in the number of virtual asset transactions

​Russia may launch a blockchain into space

Dec 16, 2021

​Russia may launch a blockchain into space

Novy Kosmos Corporation plans to create satellites to solve the problems of the blockchain networks

​Moscow crypto trader was robbed of $1 million

Dec 16, 2021

​Moscow crypto trader was robbed of $1 million

A Russian man decided to sell more than $1 million in Tether (USDT) but became a victim to fraudsters

State Duma of Russia said mining does not need support

Dec 15, 2021

State Duma of Russia said mining does not need support

This conclusion has been argued that cryptocurrency mining is pretty well self-sustaining

​The Central Bank of the Russian Federation banned mutual funds from holding foreign crypto assets

Dec 14, 2021

​The Central Bank of the Russian Federation banned mutual funds from holding foreign crypto assets

The Bank of Russia has published new guidance on the composition and structure of investors’ assets

​Russian man has received 4 years in prison in the US for setting up a botnet to steal BTC

Dec 13, 2021

​Russian man has received 4 years in prison in the US for setting up a botnet to steal BTC

The representative of the Ministry of Justice said that the accused offered cybercriminals an important service to circumvent cybersecurity tools

​Elvira Nabiullina supports the introduction of the digital ruble

Dec 11, 2021

​Elvira Nabiullina supports the introduction of the digital ruble

She believes that the mass introduction of the digital ruble will help optimize the financial infrastructure

The Central Bank of the Russian Federation will begin testing the conversion of the digital ruble into foreign currencies

Dec 11, 2021

The Central Bank of the Russian Federation will begin testing the conversion of the digital ruble into foreign currencies

The regulator has not yet announced the exact terms of the implementation

​The Prosecutor General's Office of Russia: the digital ruble will contribute to the decriminalization of settlements

Dec 10, 2021

​The Prosecutor General's Office of Russia: the digital ruble will contribute to the decriminalization of settlements

The agency advocates the introduction of the virtual ruble as an additional form of money

​Russia has stopped blocking the Tor network

Dec 9, 2021

​Russia has stopped blocking the Tor network

The users have access to the browser again

​The operation of mining farms may lead to a sharp increase in electricity consumption in Russia

Dec 9, 2021

​The operation of mining farms may lead to a sharp increase in electricity consumption in Russia

The expert noted that the surge in household energy consumption is beyond reasonable and in some regions is as high as 250%

​The Prosecutor General's Office of Russia has drafted regulations for the confiscation of illegally obtained cryptocurrency

Dec 9, 2021

​The Prosecutor General's Office of Russia has drafted regulations for the confiscation of illegally obtained cryptocurrency

The agency also advocates the introduction of the concept of “cryptocurrency” into the criminal law space