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Russia News and Articles



On digital financial assets law

Russian president signed law "On digital financial assets"

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President of Russia, Vladimir Putin signed the law "On digital financial assets (DFA)", which regulates the circulation of crypto coins in the country. It will enter into force on January 1, 2021. The law defines a digital asset (tokens and stablecoins) as a right to a monetary claim or...

Russia crypto law

The State Duma adopted the law "On digital financial assets"

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The deputies of the Russian Duma approved in the third reading the law “On digital financial assets”. It will enter into force in 2021. The adopted law will have a big "influence" on the Russian crypto industry. One of the main points of the adopted law for the cryptocurrency...

Russia bitcoin law

Russia: Ministry of ED criticized the bill banning bitcoin

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The Ministry of Economic Development of Russia sent a letter to the State Duma criticizing a new package of bills regulating digital currencies and assets. According to Kommersant, the ministry believes that a complete ban on the issuance and circulation of cryptocurrencies, as well as the...

Moscow voting blokcchain

Russia: voting on constitution will take place on blockchain

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Moscow authorities have opened an entry to participate in online voting on constitutional amendments. The transparency of the vote will be ensured by the blockchain, the capital’s mayor’s website says. Voting will last from June 25 to 30. The message indicates that the blockchain will ensure...

Ruble

Blockchain.com wallet developers announce ruble support

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The development team of the Blockchain.com crypto wallet purposes to add support for the Russian currency soon. Currently, users of the service can perform operations with the Turkish lira, US dollar, euro, and British pound. The team lately published a development program for the upcoming years....

Russia blockchain voting

Russia wants to create a blockchain system of remote voting

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Blockchain technology has proven its reliability by the example of cryptocurrencies, and therefore, on its basis, you can create a remote voting system. This was stated by Russian State Duma deputy Anton Gorelkin. On Wednesday, May 13, the State Duma adopted amendments to legislation allowing...

crypto fraud Russia

Russia: "cryptocurrency specialist" stole $46.000 from a man

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Moscow law enforcers verify the theft of 3.4 million rubles ($46.000) under the pretext of trading on the crypto exchange. According to TASS, citing the press service of the Ministry of Internal Affairs, a Muscovite met a fraudster in December 2017. The latter introduced himself as a cryptocurrency...

Russia regulatory sandbox crypto

Russia prepares to test crypto in “regulatory sandboxes”

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In Russia, cryptocoins and blockchain can be tested within the framework of “regulatory sandboxes,” follows from a bill prepared by the Ministry of Economic Development. This is reported by Izvestia. The bill was submitted to the State Duma on March 17. According to it, the experimental legal...

mine aircrafts WEX

Man requires 120 BTC from WEX exchange not to mine aircrafts

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Extorting 120 BTC, the “client of the WEX cryptocurrency exchange” has submitted new requirements to government agencies of the Russian Federation and now threatens to mine airports and airlines. This is stated in a letter sent to the Petrodvorets District Court of St. Petersburg on March 4....

SIM swapping cryptocurrency

User lost more than $11.000 in bitcoins due to SIM swapping

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A resident of Moscow turned to the police because of the theft of cryptocurrency committed through the substitution of a SIM card. This was reported by the city news agency "Moscow" with reference to the press service of the Main Directorate of the Ministry of Internal Affairs of Russia...

House for 1 bitcoin

A resident of Lipetsk built a house for one bitcoin

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An entrepreneur from Lipetsk, whom partners pay with bitcoins, gave an educational interview to the local publication most.tv. He told about migrants in Russia, who send money in crypto and about a new house for 1 BTC. During the conversation, Alexander told what is Bitcoin, mining, and also about...

Russia's prime minister

Russia’s new prime minister about the digital economy

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Russia has appointed a new Prime Minister - Mikhail Mishustin. The former head of the Federal Tax Service of the Russian Federation (FTS) repeatedly spoke out about cryptocurrencies and blockchain. Back in 2016, Mishustin gave an interview to the Russian information television channel RT, in which...

Miners accused of flooding an apartment building in Russia

Miners accused of flooding an apartment building in Russia

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In parallel, several apartments of the house in Krasnoyarsk were flooded with water. The affected residents are sure that all because of the mining farm located in one of the apartments. This was reported by Channel 7. As one of the tenants, whose apartment was flooded, assures, the incident...

Russia blockchain party

World of Tanks author will create a blockchain party

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The director of the Wargaming.net World of Tanks videogame, Vyacheslav Makarov, plans to create a “Direct Democracy Party” with an application on the blockchain, Kommersant writes. It is going to first take part in the 2020 regional elections, and then in the parliamentary elections of 2021....

Russia fraud trader

Russian lost 4 million in crypto after an unknown call

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A resident of Kaluga (Russia) became a victim of a telephone fraudster, who, under the guise of an experienced trader, suggested to earn money on cryptocurrencies. This was reported by the Ministry of Internal Affairs in the Kaluga region. On the advice of the attacker, the victim registered two...

Russia FSB bitcoin crime

Threatening to torture FSB pseudo-officers stole $1 million

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The Petrograd District Court of St. Petersburg has registered a criminal case against two accused of extortion and theft of funds, including cryptocurrencies. Total damage is estimated at more than 60 million rubles (almost $1 million). According to the joint press service of the judicial system of...

Russia law bitcoin

Russia declared impossibility of virtual ban on BTC payments

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It is legally possible to prohibit the use of crypto as payment for services and goods, but in fact, it will be very difficult to enforce the ban. This was stated by Chairman of the State Duma Committee on the financial market Anatoly Aksakov, reports TASS. According to him, those “who are ready...

Bitcoin drugs

Laundering money in BTC: Russian drug peddlers face prison

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Cherepovets police are investigating a criminal case against two residents of the city who distributed drugs for a fee in cryptocurrency. This was reported by the press service of the department. The investigation established that the suspects worked for one of the darknet marketplaces involved in...

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