2019-5-29 16:18 |
Russian police have arrested the alleged creator of a Kazakh crypto pyramid scheme who confessed to illegally crossing the Russian border on horseback
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The Bank of Russia discovered signs of a financial pyramid in the activities of several companies operating under the single brand Cashbery. The project promised a high yield in the shortest possible time and accepted cryptocurrencies for payment.
2018-9-28 14:18 | |
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BitRiver, Russia’s largest bitcoin mining operator, has entered formal insolvency proceedings after a Russian arbitration court accepted creditor claims linked to unpaid debts. The case marks one of the most significant financial failures in the country’s crypto mining industry and highlights the pressure facing energy-intensive operators as costs rise and access to capital tightens. The […]
BitRiver, Russia's largest bitcoin mining operator, is facing bankruptcy after a court initiated insolvency proceedings over unpaid debts.
Bitcoin Magazine Russia to Roll Out Bitcoin and Crypto Framework This July, Allowing Retail Participation Russia wants to introduce its first regulatory framework for crypto like Bitcoin, with lawmakers aiming to finalize the draft for a parliamentary vote by the end of June.
Bitcoin Magazine Russia Moves to Make Crypto ‘Everyday Finance’ as Lawmakers Prepare Retail Access Bill Russia is preparing a bill to allow everyday investors limited access to cryptocurrency, normalizing its use while capping retail participation at roughly $3,800.
Bitcoin Magazine Unregistered Bitcoin Mining in Russia May Soon Come With Up to Two Years of Forced Labor Russia is planning criminal penalties, including forced labor, to curb widespread unregistered bitcoin mining after legalization.
Bitcoin Magazine Sberbank Issues Russia’s First Crypto-Backed Loan in Pilot Deal With Major Bitcoin Miner Sberbank has issued Russia’s first crypto-backed loan in a pilot deal with bitcoin miner Intelion Data.
Russia plans capped crypto trading for retail investors, strict oversight for intermediaries, and a phased digital ruble rollout through 2028. Russia’s central bank has proposed regulations that would allow non-qualified investors to trade limited cryptocurrencies, according to a framework submitted…