Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to
Tag: russian
Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value
Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements
Moscow Not Planning to Ban Russians From Buying Crypto Abroad
Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government
Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current
Court Ruling Threatens 17 Crypto Exchanges in Russia
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has
Russian Parliament to Consider Restrictions for Non-Qualified Crypto Investors
Cryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative
Russian Post to Employ Blockchain Technology in Parcel Tracking
The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service
Law Enforcement in Russia’s Samara Region Investigates 8 Cases of Fraud Related to Finiko
The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against
Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated
The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man
A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at