Tag: russia

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Bitcoin Mining

Russian Bitcoin Mining Criminal Faces up to Five Years in Prison

A Russian hacker who used government-owned servers for illicit Bitcoin mining is facing up to five years in jail for his actions. One thing you...
Bitcoin Mining

Church in Russia Fined One Million Rubles for Bitcoin Mining

An evangelical church in Russia has been fined one million rubles ($15,000) after consuming large amounts of electricity to mine Bitcoin. Mining Bitcoin A report states...
Altcoin News

Russia’s Dmitry Peskov: Cryptocurrency Cannot Be Allowed Now

The latest crypto comments coming out of Russia aren't good. While certain industry regulations are being looked at, authorities believe that there is no place...
Altcoin News

Russia to Start Tracking Bitcoin Transactions by End of this Year

One of Russia's financial watchdogs has turned their eye to monitoring crypto transactions. A new system, which will be in place in the next...
Bitcoin News

New Regulatory Amendment Advocates Tighter KYC Rules for Bitcoin in Russia

Regulating cryptocurrency is not straightforward. In Russia, the government is currently exploring ways to bolster this booming industry. A new proposal by Andrey Khrapov...
Altcoin News

Largest Crypto Mining Facility in Russia Repurposes Defunct Fertilizer Laboratory

One former fertilizer lab in Russia is being reopened as a cryptocurrency farm. It is considered to be the region's largest crypto mining operation...
Bitcoin News

Bitcoin Not the Culprit for Russian Hacking Indictments

The ongoing narrative by the ABB (Anti-Bitcoin Brigade) is that Bitcoin - and most cryptocurrencies in general - are anonymous ways in which criminals...
Altcoin News

Putin Claims Russia Will Not Receive a CryptoRuble Virtual Currency

Russia is proving to be an intriguing country when it comes to cryptocurrency. Despite earlier rumors surrounding the CryptoRuble, it seems this currency will...
Blockchain Technology

Eurasian Association of Blockchain Plans to Sue Facebook, Google, Twitter, Yandex for Crypto Ad Ban

The fighting gloves have been put on as cryptocurrency and blockchain associations in Russia, China, and South Korea announce they are planning to launch...
Bitcoin News

Louisiana’s Attorney General Investigates Employees for Bitcoin Mining

The attorney general of Louisiana has reportedly opened a criminal investigation regarding former employees who are alleged to have used resources to mine bitcoin. In...
Bitcoin News

Russian Nuclear Scientists Arrested for Allegedly Using Supercomputer to Mine Bitcoin

Scientists working at a top-secret Russian nuclear warhead facility have reportedly been arrested for allegedly mining bitcoin In a report from the Interfax News Agency,...
Blockchain Technology

Moscow Set to Trial Blockchain-Based E-Voting System

Moscow is to test a new e-voting system built on the blockchain is an attempt to overhaul the outdated paper system Russia currently employs. Last...
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