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Russia
Illegal Miners in Russia Stole $6.6M Worth of Electricity, Power Grid Firm Says
Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.
Russia Is About to Drop the Crypto ‘Iron Curtain,’ Industry Warns
Russia's crypto community is pushing back against a set of bills that could impose onerous restrictions on startups and individuals in the country.
Bank of Russia Wants to Put Mortgage Issuance on a Blockchain
Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.
Russia Considering Draconian Rules for Illegal Crypto Operations
Harsh new rules for using and issuing digital assets without a license might soon become law in Russia.
Russians Withdrew a Year's Worth of Cash in a Month Over Coronavirus Fears
Russians have been withdrawing vast amounts of cash after President Putin announced new coronavirus measures.
Russians Troll Government COVID-19 App With 1-Star Ratings, Harsh Reviews
The Russian government released an app to track citizens during the coronavirus pandemic. Privacy advocates are leaving bad reviews in the app stores.
How Bitcoin’s Price Slump Is Changing the Geography of Mining
Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies.
Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included
The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.
Ruble's Drop Eases Pain of Lower Bitcoin Prices for Russia's Miners
The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.
Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance
The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia.
