Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current
Read more
Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister
Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin.
Read more
Court Ruling Threatens 17 Crypto Exchanges in Russia
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has
Read more
Abkhazia Extends Internet Restrictions for Cryptocurrency Miners
The government in Abkhazia has extended an order prohibiting access to internet sites used by cryptocurrency miners. The measure is part of a wider ban
Read more
Russian Parliament to Consider Restrictions for Non-Qualified Crypto Investors
Cryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative
Read moreLegislatures in Russia Agree to benefits of Crypto, but Call for Regulations
State Duma, the lower house of the Federal Assembly of Russia, is planning to boost investor protection measures regarding crypto investments. This legislative body plans
Read more