russian

Russians To Mine Bitcoin Close to a NATO Exercise in Norway

1 week ago admin2 0
Mining A serious Russian investment in a new mining facility in Norway has sparked questions – why here, why now? Russians are throwing a billion kroner into a project to install thousands of powerful computers mere kilometers from the scene of a large NATO exercise. The construction of the farm is expected to begin this Read More

Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto

2 weeks ago admin2 0
Featured Cryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned Read More

Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov

2 months ago admin2 Comments Off on Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov
Featured Residents of Rostov, the Russian port city on the Don River, are enjoying a growing number of bitcoin-related services. Some crypto-savvy taxi drivers have started accepting Bitcoin Cash (BCH), and several BTC teller machines have been installed in supermarkets. All that happens while officials in Moscow are still mulling over the legislation needed to Read More

Russian Hotels to Surprise World Cup Fans with Bitcoin Payments

3 months ago admin2 Comments Off on Russian Hotels to Surprise World Cup Fans with Bitcoin Payments
Featured Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year’s World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 Read More

Court Strikes Down Ban on 40 Bitcoin Sites in Russia

4 months ago admin2 Comments Off on Court Strikes Down Ban on 40 Bitcoin Sites in Russia
Regulation Saint Petersburg City Court has struck down a ban on 40 bitcoin related websites offering information about cryptocurrencies and exchange services in Russia. The ban was imposed by a district court in May last year, following a request from the Prosecutor’s Office. It prohibited the “spreading of information” about bitcoin, as well as buying Read More

FBI Claims Arrested Cyber Crime Syndicate Co-Founder Medvedev Worth $800M+ in BTC

4 months ago admin2 Comments Off on FBI Claims Arrested Cyber Crime Syndicate Co-Founder Medvedev Worth $800M+ in BTC
News The Federal Bureau of Investigation (FBI) has claimed that Sergey Sergeyvich Medvedev, a Russian national recently arrested in Bangkok, was the co-founder and second in command of the Infraud group – a notorious international cyber crime syndicate. It has been reported that at the time of his arrest, Mr. Medvedev was in possession of Read More

Nuclear Engineers Arrested for Mining Cryptocurrency Using Government Supercomputer

4 months ago admin2 Comments Off on Nuclear Engineers Arrested for Mining Cryptocurrency Using Government Supercomputer
Mining Russian nuclear scientists working at a top-secret nuclear center have been arrested for allegedly using the center’s computer facilities for the purpose of mining cryptocurrencies. Also Read: Russia’s Largest Bank Caught Employees Mining For Crypto   Russian Nuclear Engineers Arrested for Secrectly Mining Cryptocurrencies Engineers working for the All-Russian Research Institute of Experimental Physics at the Read More

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

5 months ago admin2 Comments Off on Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges
Regulation The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei Moiseev Read More

Russia Developing Global ICO Ratings Standard With 30 Countries

7 months ago admin2 Comments Off on Russia Developing Global ICO Ratings Standard With 30 Countries
News The Russian Association of Blockchain and Cryptocurrency has partnered with representatives of 30 countries to develop a global ratings standard for initial coin offerings (ICOs). The association is also in talks with the Russian central bank to impose limits on ICO investments. Also read: South Korea Outlines Proposed Legislation for Cryptocurrency Exchanges Russia Developing Global ICO Read More

Hong Kong Company Set to Build Crypto Mining Farm and Museum on Russian Island

7 months ago admin2 Comments Off on Hong Kong Company Set to Build Crypto Mining Farm and Museum on Russian Island
Mining One of the first foreign cryptocurrency companies to take advantage of a Russian free trade zone is based in Hong Kong. Among other ventures, the company plans to build a cryptocurrency mining farm, a crypto museum, and provide training on a Russian island. Also read: Survey Says 88% of Japanese Have Heard of Bitcoin Mining Read More