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Russian Bitcoin mining supplier to spend over $130m on AI data centers: report
Russia’s crypto mining equipment supplier Intelion is reportedly considering an investment of over $130 million to develop AI data centers. Moscow-headquartered crypto mining supplier Intelion is planning to spend up to 12 billion Russian rubles (over $130 million) on purchasing… дальше »
2024-6-13 15:38 | |
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Binance to halt ruble deposits effective Nov. 15
Binance, one of the world’s leading cryptocurrency exchanges, has announced it will halt Russian ruble (RUB) deposits, effective Nov. 15, 2023. According to the announcement, despite the cessation of deposits, withdrawals of Russian rubles will continue to be available until January 31, 2024, ensuring users have ample time to manage their holdings. дальше »
2023-11-11 22:50 | |
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Binance to stop accepting deposits in Russian rubles
Starting Nov. 15, the Binance cryptocurrency exchange will stop accepting deposits in Russian rubles. Withdrawals will continue until Jan. 31, 2024. Users with fiat balances in Russian rubles can transfer funds to CommEX for free, according to the announcement. At… дальше »
2023-11-10 16:29 | |
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Coinbase fined $11k in Russia despite not operating there
A Russian court has ruled that American crypto exchange Coinbase failed to localize the personal data of its Russian clients. A court in Moscow on Nov. 9 has fined U.S.-based cryptocurrency exchange Coinbase 1 million rubles (nearly $11,000) for failing… дальше »
2023-11-9 16:50 | |
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Russian central bank to launch digital ruble pilot Aug. 15
Russia’s central bank announced on Aug. 9 that it will initiate testing its digital ruble with banks, consumers, and businesses in mid-August. Olga Skorobogatova, First Deputy Governor of the Bank of Russia, said: “The launch of pilot operations with real digital rubles is the most important stage of the project. дальше »
2023-8-10 05:00 | |
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13 banks to participate in Russia’s CBDC pilot program
The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot program being conducted by the Bank of Russia (BoR). During the test, users will be able to use digital rubles to make purchases at 30 retail locations spread across 11 Russian cities. дальше »
2023-8-9 17:26 | |
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Russia could begin digital rubles testing as early as next month
Russia could begin testing a Central Bank Digital Currency (CBDC), Digital Ruble, as early as next month if its upper parliament approves the move and President Vladimir Putin signs it into law, according to a July 19 Bloomberg report. дальше »
2023-7-20 17:30 | |
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Russians Use Tether to Send Money to the West, Evading Sanctions and KYC – Transparency International
Russian banks may currently be cut off from the SWIFT international payments network. But, despite wide-ranging international sanctions against the Kremlin, money keeps flowing between Russia and the West, and a range of brokers are ready to turn Russian rubles into foreign currency abroad, in cash. дальше »
2023-3-16 14:00 | |
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Russia To Launch $12.3 Million Crypto Mining Farm In Coming Months
The Russian Federation is looking to launch a crypto-mining facility worth over $12. 3 million (900 million rubles) in the coming months. According to a report by local Russian media, RBC, this massive data processing center will be located in Buryatia, a Russian republic in eastern Siberia. дальше »
2023-2-12 15:45 | |
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Russia to Launch State-Run Crypto Exchange in Bid to Boost Tax Revenue
Russia is planning to create a national cryptocurrency exchange because it believes it is losing out on billions of rubles of tax revenue. The post Russia to Launch State-Run Crypto Exchange in Bid to Boost Tax Revenue appeared first on BeInCrypto. дальше »
2022-11-25 18:45 | |
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Russian Partnership Could Cause Cuban Crypto Crisis
Russia and Cuba are cooperating in utilizing cryptocurrencies for international settlements in rubles in order to skirt international sanctions. The post Russian Partnership Could Cause Cuban Crypto Crisis appeared first on BeInCrypto. дальше »
2022-11-18 20:15 | |
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No data backs Russia’s PM statement of “10 trillion rubles spent on crypto”
Russian prime minister Mikhail Mishustin has said that Russians have spent close to 10 trillion rubles ($130 billion) on cryptocurrency. He made this statement while speaking on government TV and Moscow journalist Jonny Tickle shared it on Twitter. дальше »
2022-4-8 03:30 | |
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Russian Cryptocurrency Volumes Across Several Exchanges Dip By 50%
Regardless of the growing economic sanctions against Russia, the volume of cryptocurrencies bought using Rubles across several major cryptocurrency exchanges plummets drastically. According to data from blockchain-data aggregators display, Russian collateralizing crypto trading across significant crypto exchanges is dropping badly. дальше »
2022-3-13 20:46 | |
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Demand for bitcoins and USDT in Moscow jumps sharply due to ban on foreign cash exchange
According to analytical services, over the weekend, buy and sell operations with cryptocurrencies for Russian national currency exceeded 4 billion rubles. The main demand fell on the stablecoin USDT, as well as bitcoins. дальше »
2022-3-12 19:52 | |
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Anonymous Offers Over $50K in Bitcoin for Each Surrendered Russian Tank
In its latest efforts to destabilize the Russian invasion in Ukraine, the hacker group Anonymous offered Russian troops over $50k in Bitcoin in exchange for their tanks. According to Ukrainian media, the cyber hacking group will pay $52k in Bitcoin ($5 million Russan Rubles) for each surrendered tank. дальше »
2022-3-3 03:00 | |
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Data Show Rubble-Denominated Crypto Pairs Are Spiking
Russian rubles are now flooding into Tether, while rubble-denominated crypto pairs are on the rise on major crypto exchanges. Between February 20 and February 28, Bitcoin volume surged by 243%, from 522 to 1,792 BTC traded via Binance’s BTC/RUB combo. дальше »
2022-3-2 19:05 | |
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Bitcoin climbs to $41K and flippens the Russian ruble
The Central Bank of Russia reported the country's money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar. дальше »
2022-3-1 22:45 | |
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Russian government and central bank agree to treat Bitcoin as currency
Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared; otherwise, it could be considered a criminal act. дальше »
2022-2-9 10:58 | |
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If Russia regulates the market, Moscow could pocket $13 billion in crypto tax each year
While Moscow continues weighing its options for regulating cryptocurrencies, preliminary estimates suggest that Russian authorities could collect up to $13 billion (1 trillion rubles) from taxing the market, according to The Bell. дальше »
2022-2-9 06:00 | |
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Bloomberg: Russian government estimates national cryptocurrency market at $214 billion
The Kremlin estimated the volume of investments of Russians in cryptocurrencies at $214 billion, or 16.4 trillion rubles. This is approximately 12% of all global cryptocurrency markets. дальше »
2022-2-8 22:27 | |
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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.
дальше »2022-2-2 16:49 | |
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Russians Have Invested $67 Billion In Crypto As The CBR Flirts With A Ban
According to a recent report by a Russian lawmaker, the country’s citizens have invested over 5 trillion rubles ($67. 5 billion) in the crypto market, but the regulatory terrain remains hostile and unclear with the governor of the Central Bank of Russia increasingly hinting at a highly regulated environment Cryptocurrencies have had legal status in Russia since 2020, although it is forbidden to use them as means of payment in the country. дальше »
2021-12-23 02:00 | |
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Russian State Duma estimates investments of Russians in cryptocurrencies at trillions of rubles
The State Duma Committee on the Financial Market estimated the investments of Russians in cryptocurrencies at 5 trillion rubles. Earlier, the Central Bank stated that the Russians are among the most active participants in the crypto market. дальше »
2021-12-28 18:00 | |
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Largest electricity supplier in Siberia sues 85 illegal miners
Russian energy company Irkutskenergosbyt is demanding 73.3 million rubles ($1 million) from the owners of illegal mining farms, located in private houses. The company has already received nine court decisions for 18.7 million rubles. дальше »
2021-12-14 22:49 | |
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Central Bank of Russia: Russians annually make transactions with cryptocurrencies worth $5 billion
According to the Russian financial regulator, Russian investors are among the most active in the cryptocurrency market. The volume of transactions made by Russians in digital currencies annually amounts to approximately 350 billion rubles. дальше »
2021-11-28 18:55 | |
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Russian Bitcoin critic says he would have bought BTC for 100 rubles
One of the biggest Bitcoin critics, Russian official Anatoly Aksakov, said he wanted to buy Bitcoin before the ban, but the price was too high. дальше »
2021-6-4 12:38 | |
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Russia Wants Citizens to Declare Wallet Addresses, Transactions
The Russian Ministry of Finance has suggested changes to criminal law punishing undeclared crypto wallets holding more than 1 million rubles ($13,000, at press time). This comes as Russia increases regulation of crypto assets with sometimes contradictory statements. дальше »
2020-9-25 19:52 | |
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What if the dollar drops to “3 rubles”? Where and how can Belarusians invest?
On August 9, 2020, the presidential elections were held in Belarus. They led to massive protests, numerous detentions, and economic losses. While the Belarusians are fighting at rallies, the exchange The post What if the dollar drops to “3 rubles”? Where and how can Belarusians invest? appeared first on AMBCrypto. дальше »
2020-9-18 19:45 | |
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Russian Court Denies Appeal for $900K Compensation for Stolen Bitcoin; It’s Not Property
A victim of a kidnapping in Russia who lost $90,000 worth of Russian Rubles and 99. 7 in stolen Bitcoin, appealed to the court almost two years ago, to force the kidnappers to return his stolen bitcoin worth about $900,000 when the crime was committed. дальше »
2020-7-3 20:24 | |
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Russian energy company estimates multibillion damage from illegal mining
Rosseti, the largest Russian energy company, claimed damage from illegal mining in the amount of 450 billion rubles within the last three years. 35 cases of theft of electricity for cryptocurrency mining were revealed. дальше »
2020-6-4 14:58 | |
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Former head of Russian Post branch accused of mining at the workplace
The former head of the Russian Post branch in the southern city of Mineralnye Vody was suspected of illegal cryptocurrency mining using working equipment. The damage caused is estimated at 30,000 rubles ($400). дальше »
2020-5-31 13:22 | |
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Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles
A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike small online exchangers and peer-to-peer platforms. дальше »
2020-2-13 02:10 | |
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Russia to Invest in Blockchain, Potential Benefit Valued at $17.5B
Russia plans to spend 28. 4 billion rubles (over $450 million) on the development of blockchain until 2024. While this is 50% lower than previous figures, the strategy would still help the Russian economy save 500 billion rubles (about $8 billion). дальше »
2020-1-29 19:00 | |
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Russian Rubles Can Now Be Deposited on Huobi Russia Exchange
Huobi recently created a franchise of their exchange in Moscow, naming it Huobi Russia. As the exchange launches, users of the new platform will have the opportunity to add Russian rubles to their account with the use of bank transfers as of Thursday. дальше »
2019-11-30 01:02 | |
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Russian Tax Authority Registers Crypto as Part of a Company’s Capital
A company has blazed a trail in Russia, successfully convincing the country’s tax agency to accept that its equity capital now includes cryptocurrency. The change in the ownership distribution has been registered after the firm filed a set of notarized documents confirming a new investment was made in digital coins, not fiat rubles. дальше »
2019-11-27 15:05 | |
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