Tag Archives: Russia

Crimea Plans Cryptocurrency Fund to Circumvent Sanctions

Crimean authorities want to launch a cryptocurrency fund for foreign investors to circumvent the economic sanctions currently in place against the Russian-occupied territory. Georgy Muradov, the deputy prime minister of Crimea, revealed his plans on April 18. Continue reading Crimea Plans Cryptocurrency Fund to Circumvent Sanctions

Crypto Farm With 6000 Miners Shut Down In Russia For Overdue Electricity Bill

Russia’s Ministry of Internal Affairs (MIA) officers have arrested two men that were allegedly involved in a cryptocurrency mining operation in Orenburg city for not paying for several million kilowatt-hours of electricity. The farm hosted more than 6,000 mining devices, as reported by local media outlet Lenta.ru Wednesday, April 11. Continue reading Crypto Farm With 6000 Miners Shut Down In Russia For Overdue Electricity Bill

Russian Blockchain Week 2018

21-25 of May in Moscow will be the leading event of the year in the field of blockchain-technologies and cryptocurrency – Russian Blockchain Week 2018. RBW-2018 is 5 days in the blockbuster industry, where you can find out a lot of knowledge and connections. More than 70 top experts will speak at the event, which will tell you step by step about all the possibilities of using the technology, real cases and, of course, answer one of the main questions: what are the new opportunities of technology will open for business and individuals. Continue reading Russian Blockchain Week 2018

Russian Official Refutes Country’s Role In Venezuela’s Petro

A Russian official claims that his country never partnered with Venezuela on the Petro, Venezuela’s national cryptocurrency, Russia’s news source Tass reported on Friday. The Petro marks the world’s first state cryptocurrency. Continue reading Russian Official Refutes Country’s Role In Venezuela’s Petro

St. Petersburg Court Overturns Ruling to Block Bitcoin-Related Websites

The St. Petersburg City Court on Tuesday canceled a decision of the court of first instance to block Internet sites that post information about bitcoin, the joint press service of the city courts reported, according to Russia Today. The regulation of bitcoin and cryptocurrencies continues to draw conflicting actions among Russian government officials. In May, the Oktyabrsky District Court of St. Petersburg decided to block websites that post information about bitcoin. The St. Petersburg prosecutor’s office appealed the decision in order to supervise the execution of laws on “especially regime objects” and acting on behalf of the Russian Federation and an indefinite group of individuals. The regional department of Roskomnadzor was the interested person.

Reference: https://www.ccn.com/st-petersburg-court-overturns-ruling-to-block-bitcoin-information-on-websites/