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“# Former chief of Russia’s Wex crypto exchange arrested in Poland ” BBC Russia has reported that Dmitry Vasiliev, the former chief of Russian cryptocurrency exchange Wex, has been arrested in Warsaw, Poland. Wex, which was previously known as BTC-e, was a well known “dark” exchange in the early days of the cryptocurrency industry. It…
“#Apple, Google block Kremlin critic Alexei Navalny’s app” Apple and Google stand accused of “political censorship” after the companies removed an app created by imprisoned Russian opposition leader Alexei Navanly under pressure from the Kremlin. The app, which encouraged Russians to strategically vote for opposition candidates that were the most likely to defeat members of…
“# Data center operators have ‘no problem’ with new Russian crypto crackdown ” BitRiver, the largest cryptocurrency mining colocation services provider in Russia, is unlikely to be affected by a new crypto crackdown from the Bank of Russia, according to the firm’s CEO. On Sept. 15, the Russian central bank announced that the authority has…
“# Bank of Russia wants to block ‘emotional’ and suspicious crypto activity ” As cryptocurrency investments get more popular in Russia, the country’s central bank is actively working to curb perceived suspicious crypto activity as well as block some crypto purchases. The Bank of Russia has started working with local banks to make them halt…
“# Finding a new home: Bitcoin miners settling down after China exodus ” A few months ago, the crypto industry was shaken up by the news of the mass exodus of miners from China. At the end of May 2021, it became known that the Chinese authorities were going to ban Bitcoin (BTC) mining, bringing…
“#11-year-old girl among three killed in Russia gas explosion” Three are dead, including an 11-year-old girl, after a gas explosion at an apartment building in Solidarnost, a Russian village south of Moscow, according to reports. The blast partially destroyed the two-story building, said Igor Artamonov, head of the Lipetsk region, according to Reuters. Six others…
“# Russian Duma wants to regulate crypto mining as business ” As Russian cryptocurrency advocates are working to attract global crypto mining operators, local lawmakers have gotten more serious about regulating the industry. Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, claimed that Russian lawmakers are now considering recognizing the crypto…
“# Russian State Hermitage raises $440K via Binance NFT auction ” Despite the Russian state maintaining a mostly unfriendly stance on cryptocurrencies like Bitcoin (BTC), a major state-backed museum is benefiting from the industry by raising hundreds of thousands of dollars with nonfungible tokens, or NFTs. The Russian State Hermitage Museum, the largest museum in…
“# Russia not ready to accept Bitcoin as legal tender, says Kremlin ” Amid El Salvador officially accepting Bitcoin (BTC) as legal tender on Tuesday, Sept. 7, the Russian government has reiterated its negative stance to a scenario where BTC could be accepted as an official currency. Dmitry Peskov, the official representative of Russian President…
“# Russian Sberbank plans to register its digital asset tool in September ” Sber, the largest banking institution in Russia, continues progressing with the development of its blockchain-based platform for issuing digital assets. Anatoly Popov, deputy chairman of the executive board at Sber, said that the bank is planning to have registered its digital asset…