Tag: russia

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Russia aims to Build a 20-megawatt Bitcoin Mining Facility

The concept of mining Bitcoin has always attracted big money. With that big money come some interesting names, such as John McAfee. It now...

Russia Wants to issue a National Digital Currency on the Ehtereum Blockchain

It has been rumored for quite some time now, but it looks like Russia will issue its own digital currency. Speculators are floating such...

Russia Forges Ahead With Plan to Issue a National Digital Currency Soon

Various governments around the world are looking to create a national digital currency. Russia has been on this list for quite some time now....

Russian Police Arrests Ransomware Developer After Operation Avalanche

Even though ransomware remains a global threat, one of Russia’s largest malware developers were arrested last week. A man going by the name of...

Purse.io Reaps Benefits From Russia Legalizing Bitcoin As A Currency

Bitcoin adoption is thriving all over the world, even though support is coming from some unexpected regions. Russia, a country on the fence about...

Russia Sets A New Weekly-High Bitcoin Trading Volume on LocalBitcoins

It is evident Bitcoin is taking off in Russia, as weekly trading volumes continue to increase on a near-weekly basis. Just last week, a...

Russia Bans LocalBitcoins; Tor & VPN Instructions Released

Roskomnadzor, the Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications of Russia, has officially blocked access to over-the-counter...

Bitcoin Will Not Be Banned In Russia After All

Russia’s stance on Bitcoin and cryptocurrency has changed yet again. For the longest time, the country’s officials seemed poised to ban Bitcoin altogether. But...

Will Russia Succeed in Killing Bitcoin on Its Soil?

What does the Russian Ministry of Finance want from Bitcoin? It is a tricky answer but goes something like this. The Russian Ministry of...

Bitcoin Law in Russia – Imprisonment for 2 Years and a Penalty of 500000 Rubles

There have been news reports about Russian Finance Ministry proposing new laws against the use of bitcoin and other virtual currencies in the country....

Bitcoin Can Lead to 4 Year Jail Time in Russia! Are You Kidding?

The use of bitcoin has been growing internationally. Some of the countries are more receptive to bitcoin as an alternative digital currency while there...

Will Russia Spell Trouble to BitRuble?

Bitcoin is a global digital currency. Even though it can be used by anyone to make transactions across geographic borders the same way as...