Russian Authorities Confiscate 22 Crypto ATMs, Company To Appeal

Police in Russia have seized 22 crypto ATMs installed in shopping malls, restaurants, and stores across nine cities. According to Sarkis Darbinyan, a lawyer from Digital Rights Center (DRC) who is representing the affected company in the legal case, all the machines are operated by Bbfpro, a company with a network of Bitcoin ATMs across […] The post Russian Authorities Confiscate 22 Crypto ATMs, Company To Appeal appeared first on ZyCrypto. дальше »

2018-9-4 17:11

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Russia: Court Issues First Ever Fine For Cryptocurrency Advertising

A Russian court has ruled for the first time that a local newspaper must pay a fine of 50,000 rubles ($760) after it ran a cryptocurrency mining advertisement. ‘Financial, Not Consulting Services’ As local news outlet Interfax reports August 8, the Eleventh Arbitration Court of Appeal (ACA) found the publication Edinstvo Nizhnekamsk, which circulates in the Republic of Tatarstan, in breach of advertising regulations. дальше »

2018-8-9 14:00

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QIWI Payment Network CTO ‘Mined 500,000 Bitcoins’ In 2011 Before Losing Them

The former CTO of Russian electronic wallet and payment network QIWI once had a personal wealth of half a million bitcoins — but lost them. 3 Months, 4. 1 Billion USD The extraordinary claims came to light as part of an interview with CEO Sergey Solonin, who told the audience during a Moscow lecture on July 25 that the CTO had used the company’s ubiquitous payment terminals to mine bitcoin, starting in 2011. дальше »

2018-7-26 22:00