Tag: russia

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Cyber Gang Uses Malware to Target Crypto Users in Russia

The Russian gang "Crazy Evil" targets cryptocurrency users with phishing scams, stealing digital assets through malware and social engineering. A Russian-speaking cybercriminal group called “Crazy...

Russia Tightens Crypto Mining Rules with Mandatory Registration

Russia introduces mandatory crypto mining registration and an online reporting system, aiming for better oversight and tax compliance. Russia’s Ministry of Energy has announced plans...

Rosseti Introduces Bitcoin Mining to Boost Economy and Energy Efficiency

Rosseti integrates Bitcoin mining to utilize idle energy, boost revenue, enhance grid efficiency, support local economies, and promote innovation. Russia’s largest state-owned power grid company,...

Russian Citizen Jailed for Using Crypto to Fund Ukrainian Military

Russian citizen sentenced to seven years for using crypto to fund Ukrainian military; Russia tightens crypto regulations. In a significant development, a Russian citizen has...

Russia Expands Digital Ruble Pilot with New Bank Participants

Russia expands its digital ruble pilot with Sberbank, TBank, and Tochka, as more banks join efforts for CBDC testing and security. Sberbank, TBank, and Tochka...

Russia Legalizes Bitcoin for International Payments to Counter Western Sanctions

Russia legalizes Bitcoin for international payments to counter sanctions, and expanding its use for trade. Russia's finance minister announced that the country has changed its...

Russia to Ban Crypto Mining in 10 Regions Starting January 2025

Russia will ban crypto mining in 10 regions from January 2025 to address energy shortages and balance electricity use. Russia has announced that it will...

Russian State Duma Eyes Strategic Bitcoin Reserve Initiative

Tkachev indicates a Bitcoin reserve to ensure Russia's financial stability. Russia's crypto policies are evolving, including tax breaks and mining authorization. Russian State Duma...

Russia Approves New Crypto Tax Rules to Balance Stakeholder Interests

Russia approves new crypto tax rules, balancing miners, businesses, and state interests to regulate and stabilize the growing crypto sector. The Russian government has approved...

Russian Energy Ministry Proposes Crypto Mining Ban in Certain Regions

The Russian Energy Ministry proposes a crypto mining ban in select regions from December 2024 to manage energy shortages and high demand. The Russian Energy...

Russia Expands Cryptocurrency Regulations with New Law

Russia's new law, signed by Putin, expands cryptocurrency regulations, enhancing oversight of mining activities and establishing regional restrictions starting November 1st. The Russian government released...

Russian Influencer Faces $22 Million Crypto Fraud Charges

Russian influencer Valeria “Bitmama” Fedyakina faces trial for $22 million crypto fraud, with charges shifted from treason to theft by deception. Valeria “Bitmama” Fedyakina, a...