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Russia
A New Company Claims It’s Opening the Biggest Mining Farm in Russia
MineSpot, a company previously unknown in the crypto mining industry, is opening a 160-megawatt mining venue in Siberia.
Digital Ruble 'Promising,' Pilot Likely in 2021, Says Bank of Russia Chief
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said.
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
Russian Metal Giant’s Tokenization Firm Expands to America
U.S. investors can invest in tokens representing rare metals as Russian mining giant Nornickel expands its tokenization firm.
A Russian Company Is Opening a Mining Farm in the Arctic
The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption.
Bank of Russia Seeks Limit on Amount of Digital Assets Retail Investors Can Buy
Non-qualified investors would be able to buy no more than 600,000 rubles worth of digital assets in one year, or about $7,740.
Digital Ruble Can Help Track Government Spending, Bank of Russia Says
The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding.
Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations
The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC.
Russian Web Censor Tells Binance It's Been Blacklisted – Three Months Late
Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today.
Russian Ministry Wants Citizens to Report Their Crypto Wallet Details: Report
The Ministry of Finance is seeking amendments to the law that would force cryptocurrency users to report wallet balances and large transactions to the tax authorities.
