According to a local newspaper, the Russian Ministry of Energy, the Ministry of Digital Development, and the Federal Tax Service have compiled a “registry” that has been sent to regions with increased mining activity. An official of the Finance Ministry, Ivan Chebeskov, stated that despite certain laws being adopted, only 30% of miners had signed […]
Russia Wants to Eliminate Tax Dodgers in Bitcoin Mining: Report Read More »
The Russian Ministry of Energy has introduced a nationwide registry for Bitcoin mining equipment to enforce tax regulations and curb unauthorized activity. According to a report from RIA Novosti, the initiative is the result of a coordinated effort between the Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development. Authorities have
Russia launches crypto mining equipment registry to curb illicit activity Read More »
The Russian Energy Ministry has begun compiling a national registry of crypto mining rigs as it looks to crack down on illegal mining and boost tax revenues. The state-run newspaper RIA Novosti reported that the ministry is working on the plan with the Federal Tax Service and the Ministry of Digital Development. The registry, the
Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs Read More »
Bankrupt crypto exchange FTX is asking the court to greenlight a plan that could potentially deny billions in creditor repayments to users in 49 countries where crypto faces legal restrictions. This could disproportionately impact Chinese users, who reportedly represent 82% of the affected claim value. Navigating Legal Minefields in Restricted Jurisdictions The FTX proposal, detailed
FTX Wants to Block Claims from 49 Countries, Including China: Users Rage Read More »
Rostec announced that it will promote this stablecoin and an associated payment platform as a secure method for conducting transactions, approved by the Russian Central Bank. The payment system will integrate with the Russian banking infrastructure, while the stablecoin will be launched on the Tron blockchain. Russian Defense Company Rostec to Leverage Ruble Stablecoin to
Russian Defense Conglomerate Rostec to Adopt Ruble Stablecoin for Secure Transactions Read More »
Russian police have shut down an illegal crypto mining farm operating in an industrial zone in St. Petersburg, as the internal affairs ministry has warned of a new crypto trading-themed scam. Per the media outlet RBC, officers in Russia’s second city confiscated an undisclosed number of crypto mining rigs from a warehouse in the zone,
The Russian digital ruble, the nation’s central bank digital currency (CBDC), will finally launch nationwide on September 1, 2026, the Central Bank claims. The Central Bank says that it expects the largest commercial banks in the nation to start providing their clients with a full range of CBDC transaction options as of September next year.
Russia’s Digital Ruble to Roll Out in September 2026, Says Central Bank Read More »
A7A5, a stablecoin pegged to the Russian ruble, has processed over $9.3 billion in transactions on Grinex, a crypto exchange widely viewed as the successor to the sanctioned platform Garantex. Key Takeaways: A7A5 processed $9.3B through Grinex, mostly from just 124 wallets. Elliptic and Global Ledger suggest Grinex may be Garantex’s unofficial successor. Analysts question
Ruble-Backed A7A5 Stablecoin Moves $9.3B on Sanctioned Russian Exchange Successor Grinex Read More »
Russia is fast-tracking a nationwide digital currency revolution, mandating banks and major retailers to adopt the digital ruble in a sweeping payments system overhaul. Digital Ruble Rollout Accelerates With Mandatory Integration Deadlines A sweeping overhaul of Russia’s retail payments sector is on the horizon as the digital ruble, Russia’s central bank digital currency (CBDC), edges
Russia Sets Digital Ruble Deadline for Mass Adoption by Major Banks and Retailers Read More »
A Russian crypto mining firm executive has claimed Bitcoin (BTC) prices could climb to the $130k mark in the second half of summer 2025. The claims came from Vasily Girya, the owner and CEO of the industrial player GIS Mining, the Russian Prime news agency reported. Girya said: “The crypto industry remains attractive to market
Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out Read More »
