A local energy distributor is working to recover about $800,000 from illicit cryptocurrency miners in Irkutsk Oblast.
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Russia houses $200B worth of crypto, Kremlin estimates
According to data from TASS news services, Russians owned nearly 5 trillion rubles worth of cryptocurrencies by December 2021.
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Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments.
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Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could
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Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests
A new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit. The
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Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds
A new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations
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