Category: Russia Crypto Regulations

Russia To Regulate Crypto Mining Despite Surge In Electricity Consumption

Russian Deputy Head of the Ministry of Industry and Trade in a speech today at the United Russia discussion platform revealed the country’s move to regulate crypto mining. He was speaking on the development of blockchain technologies and the regulation of digital financial assets.  Crypto Mining Consumes More Electricity Than Agriculture Crypto mining has reportedly […]

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Just-In: Russia To Legalize Bitcoin; Regulatory Draft Arriving by Feb. 18

The news in the town is that Russia is preparing for a draft law to legalize Bitcoin and cryptocurrencies this month. BREAKING: #Bitcoin to be recognized as legal currency in Russia. — Watcher.Guru (@WatcherGuru) February 9, 2022 From its plans to ban digital assets to integrate crypto into its financial system, Russia has taken a […]

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Russian Crypto Businessman Arrested in Netherlands, Moscow Confirms

A Russian crypto businessman has been arrested by authorities in the Netherlands, according to the Foreign Ministry in Moscow. The long arm of the law caught up with the man — who is directly linked with the founding of two crypto exchange platforms, after he was apprehended earlier this month, although reportedly on the request […]

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Breaking: Vladimir Putin Says Cryptocurrencies Can Become Legitimate Payment Currency

Vladimir Putin, the President of Russia seems to be in favor of cryptocurrencies and their use in the payment sector. In a recent interview with CNBC, Putin said crypto-assets  “has the right to exist and can be used as a means of payment,” Russian President’s pro-crypto stance came as a surprise to many given Russian […]

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