U.S. Charges 5 Russians With Crypto Money Laundering to Evade Sanctions

The U.S. government recently announced charges against 5 Russian nationals and two oil traders for breaching sanctions. According to reports, the accused persons used crypto assets in sanction evading to fund Russia in the war against Ukraine.  The U.S. Charges…

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US Alleges 5 Russian Nationals Used Crypto as Part of Sanctions Evasion, Smuggling Scheme

Federal prosecutors alleged that five Russian nationals laundered "millions of dollars" worth of unnamed cryptocurrency as part of a scheme to smuggle military technology and oil.

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BitRiver And Russian Oil Giant Team Up To Power Data Centers

The third-largest oil producer in Russia has joined forces with BitRiver, a bitcoin mining business based in Switzerland, to mine bitcoin utilizing spare resources. BitRiver will construct the digital infrastructure at the Russian oil fields of Gazpromneft as part of a new partnership.

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Russian Energy Giant Taps BitRiver to Mine Bitcoin Using Flared Natural Gas

Russia's third-largest oil producer inks agreement with green crypto mining hosting company BitRiver to set up mining facilities on oil fields. The post Russian Energy Giant Taps BitRiver to Mine Bitcoin Using Flared Natural Gas appeared first on BeInCrypto.

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Third Largest Russian Oil Company Gazpromneft Partners With BitRiver To Mine Bitcoin

Gazpromneft, the third-largest oil producer in Russia, is partnering with Swiss-based bitcoin mining company BitRiver to mine bitcoin with excess resources.

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Speculation Mounts on Cutting Off Russian Oil

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Selling gas and oil for Bitcoins? This Russian lawmaker thinks so

Pavel Zavalny, the head of Russia’s Committee on Energy, said earlier today that the country will enable friendly countries to pay for oil, gas, and other exports in Bitcoin. The post Selling gas and oil for Bitcoins? This Russian lawmaker thinks so appeared first on CryptoSlate.

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Russian Lawmaker Suggests Nation Could Accept Bitcoin for Oil Payments

Under pressure from a host of Western sanctions, Russia is mulling other currency options for oil sales.

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Bitcoin Higher as US Ban on Russian Oil Imports Roils Markets

Crypto traders are still evaluating the potential impact of soaring oil prices on bitcoin's price.

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Bitcoin stems losses after US bans Russian oil, gold heads to record highs

The precious metal was a hair off a USD peak Tuesday, running higher with oil and other commodities, while stocks suffered.

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Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports

Sanctions against the Russian Federation are hitting hard on the Russian nation and its businesses, financial- and payment systems, and citizens alike. The post Bipartisan bill: Lock down Russia’s gold reserves, U.

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Stocks Drop, Oil Jumps, Bitcoin Holds as Scholz Prepares For Moscow

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Russian Oil Companies Seek To Increase Revenue By Mining Cryptocurrencies Through A Brilliant Strategy

Russian oil companies are considering using flared gas to mine crypto to improve their profitability. The oil companies are seeking clarification from authorities before moving on with the plans. American mining companies are already using this method of Bitcoin mining to improve their productivity.

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Russia aims to replace US dollar reserves with digital assets in long term

Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades.

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Russian Oil and Gas Giant Completes Trial Blockchain-Based Smart Fueling System

Gazpromneft Aero, the aviation fuel of Russian oil and gas giant Gazprom Neft, has revealed its blockchain-based smart fueling system’s successful testing. The tests are part of its plans to ramp up the distribution of the solution globally.

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Russian Oil Giant Launches Bitcoin Mining Operation Using Associated Gas

Bitcoin hash war is on!

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Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy

A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity.

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Estimated Russian Urals Oil Prices Turn Negative, Storage Capacities Are Full

Coinspeaker Estimated Russian Urals Oil Prices Turn Negative, Storage Capacities Are FullWith government institutions enforcing a shutdown due to the COVID-19 outbreak, the demand in the oil market has plunged to a record low.

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Saudi-Russia Oil War Crashing Bitcoin?

The Russian Rubble (RUB) has plunged, down 20% this year with 10% of it just today after Saudi Arabia began pumping oil production. Saudi oil minister Prince Abdulaziz bin Salman... The post Saudi-Russia Oil War Crashing Bitcoin? appeared first on Trustnodes.

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Sunday Digest: Bitcoin Price, DeFi, and Ransomware

This week Brexit finally happened, CoronaVirus spread, and the US offered oil to Belarus when Russian negotiations failed. But perhaps the most important question on the world’s lips followed singer Dua Lipa’s visit to a strip club after the Grammy’s event.

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Oil coin, gold, nickel and palladium coins: Russian Norilsk Nickel launches stablecoin

The unique ability of cryptocurrencies to realize global payments is already used by several economies, mainly depressed or under sanctions. It seems that Russia intends to go this way – at the expense of nickel and palladium.

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Russia’s Massive Oil Industry Considers Using Facebook’s Global Coin

By CCN: According to local reporting, Facebook’s Global Coin might soon be used to value barrels of oil, according to one wide-ranging article about the impact of technology on the Russian economy.

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Barrels of Oil May Be Paid for Using Crypto One Day, Head of Russian Energy Giant Says

The head of Russian oil company Rosneft has not ruled out the possibility of paying for oil using cryptocurrencies in the future

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CEO Nordgas trading: We are the first oil and gas company in Russia to implement token payment on our gas stations

Russian oil and gas company “Nordgas trading” has signed a memorandum of cooperation with “Fin foundation” company, implementing token payment on gas stations in South Korea. We have asked “Nordgas Trading” CEO Petr Zinchenko what he expects from this collaboration.

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Fin Foundation Plans to Implement Token Payment on Gas Stations all over Western Europe

Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations.

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Russia’s Gazprom Integrates Blockchain Technology for Gas Supply

Gazprom, a leading oil and gas company run by the Russian government, has announced the completion of a blockchain pilot that would enable the firm to use the nascent technology for recording gas contract details, reports local news source, Vestifinance on April 4, 2019.

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Russian Banks Join Chinese Swift – Is the Dollar Era Under Threat?

As a Saudi oil minister once remarked, the Stone Age didn’t end because we ran out of stones. It seems it’s neither the deficit of a tool nor its deficiencies that make it obsolete, but rather the invention of new tools that do the job better.

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Legislation, oil business, blockchain analytics discussed at Blockchain Conference Moscow

The sale of tickets to the Russian largest conference on blockchain, cryptocurrencies, and token investments is open! Blockchain Conference Moscow will take place on November 20 bringing together leading local and foreign industry experts.

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Venezuela’s Petro Is Cleaning Up Its Act

The Venezuelan Petro is a cryptocurrency that is very much used to being in the limelight. Not for being a technological revolution, more for its association with oil funding and funding from the Russian government.

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