2019-5-29 16:18 |
Russian police have arrested the alleged creator of a Kazakh crypto pyramid scheme who confessed to illegally crossing the Russian border on horseback
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The Bank of Russia discovered signs of a financial pyramid in the activities of several companies operating under the single brand Cashbery. The project promised a high yield in the shortest possible time and accepted cryptocurrencies for payment.
2018-9-28 14:18 | |
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Elvira Nabiullina, Governor of the Central Bank of Russia, reaffirmed the institution’s position against the use of cryptocurrencies for domestic payments. Speaking at a recent press conference, Nabiullina stated, “We continue to believe that cryptocurrencies should not be used as…
Russia is considering establishing strategic Bitcoin reserves to fortify its economy against Western sanctions and growing geopolitical pressure, a move that could accelerate a global trend of governments turning to cryptocurrencies for financial resilience.
The Bitcoin strategic reserve has been an intensive issue in the past few months since Donald Trump announced these plans to the crypto community; now Russia has followed. Anton Tkachev, Duma state deputy of Russia, has urged the Minister of…
The document would see Russia create a bitcoin reserve similar to its traditional currency reserves.
Despite Bitcoin’s recent surge past $100,000, investors in Russia doubt the crypto will hit the $200,000 mark anytime soon. Bitcoin’s (BTC) rise past $100,000 has sparked excitement, though Russian investors aren’t counting on it hitting $200,000 this cycle, according to…
Russian President Vladimir Putin reiterated support for Bitcoin and digital assets as the European powerhouse approached greater crypto adoption.