The just lately reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the native crypto group. This week, the nation’s energy distribution firm ordered
Tag: restrictions
Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions
Uphold, a New York-based cryptocurrency trade, has introduced it’s closing its operations in Venezuelan markets. The firm, which has already had issues with customers within
Russia to Trial Digital Ruble Settlements for Real Estate Deals
The Central Bank of Russia and taking part industrial banks wish to take a look at varied kinds of funds with the digital ruble, the
Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand
Authorities in Iran plan to unplug licensed crypto mining amenities as electrical energy consumption within the nation is reaching document highs. The mining farms will
Russia Developing Sandbox for Cross-border Crypto Payments
An institute facilitating Russian exports is now engaged on the institution of a sandbox for worldwide crypto funds, native media reported. The purpose is to
Russia Considers Using Cryptocurrencies for International Settlements
Authorities in Russia are mulling over the potential use of digital currencies for worldwide funds, a high-ranking official from the finance ministry has indicated. If
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
Russia’s Bitriver, one of many largest operators of crypto mining information facilities, could take authorized motion in opposition to the U.S. over the choice to
Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions
Russia’s capability to make use of cryptocurrencies to avoid worldwide sanctions is restricted by the restricted dimension of the crypto market, in response to Moody’s.
Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
Bankoff, a platform providing digital playing cards that could possibly be topped up with cryptocurrency, has advised clients its playing cards are now not supported
Binance Blocks Accounts Linked to Relatives of Senior Russian Officials
Digital asset alternate Binance has blocked accounts tied to kin of presidency officers in Moscow. Amid mounting worldwide penalties over Russia’s invasion of Ukraine, the