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Tag: Russia

Russia’s Supreme Court Moves to Classify Crypto as Property

February 22, 2025 wp-bot Bitcoin News

Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit

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Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

February 21, 2025 wp-bot Bitcoin News

Biden’s sanctions weakened the U.S. dollar, cost American companies $300 billion, and made Russia more self-reliant, a top Russian investment official said. Effects of Biden’s

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Russian Bitcoin Mining Ban Yielding Results in Siberia

February 21, 2025 wp-bot Bitcoin News

The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions

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Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining

February 19, 2025 wp-bot Bitcoin News

Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage,

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Hungary’s Economy Rises as US-Russia Talks Fuel Market Optimism

February 19, 2025 wp-bot Bitcoin News

Hungary’s economy is rebounding as potential peace talks between Russia and the U.S. fuel market optimism, with leaders stressing the financial benefits of diplomatic progress.

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Visa and Mastercard Could Make a Comeback in Russia

February 19, 2025 wp-bot Bitcoin News

Visa and Mastercard may attempt a comeback in Russia, but the country’s financial system has already moved on. Could they reclaim lost ground, or is

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