Russia’s Suex exchange faces US sanctions over alleged ransomware payments
The U.S. government has issued a fresh round of sanctions as it cracks down on ransomware, including against a Russian exchange tied to ransomware payments.
Latest Russia News
Russia central bank to block suspicious digital currency activities
The measures were designed to protect unsuspecting investors and to avoid the risks of the digital currency market crashing to zero, according to Deputy Governor Sergey Shvetsov.
Russia’s State Duma wants to regulate block reward mining as business
The State Duma is considering giving miners legal recognition as a form of entrepreneurship under local business laws, opening Russia up to the industry.
Russia is not ready for digital currency payments, Kremlin says
A representative of President Vladimir Putin put it beyond doubt that Russia doesn’t intend to reverse the digital currency payments ban, let alone make it legal tender.
Sber announces plans to register digital platform with Bank of Russia
The state-owned Sber recently rebranded from Sberbank to become a leader in technology and financial technologies, rather than solely in banking.
Russia: Man who stole friend’s mining rig gets 3 years’ jail time
The man stole his friend’s block reward mining rig in February but was unable to use it due to lack of knowledge; he got three years of suspended sentence.
Actor Steven Seagal must pay ICO promotion fines: US judge
Seagal promoted the ICO of Bitcoiin2Gen without disclosing he was getting $1 million for his troubles. The actor agreed to pay $330,000 in fines but relocated to Russia.
$100M BTC Ponzi scheme Finiko founder arrested in Russia
Moscow police arrested Kirill Doronin on charges of allegedly defrauding $100 million from his investors, although some reports purport the figure could be over $1 billion.
Bank of Russia wants digital currency companies out of stock exchanges
The Bank of Russia recently sent a letter to stock exchanges urging them to stay away from companies that deal in digital currency-related services to protect investors.
Russia set to enforce new rules for seizing digital currency
Prosecutors are preparing to enforce powers which could see them taking control of digital currency found to have been obtained illegally or in connection with crime.
Telegram faces new lawsuit over failed TON project
Da Vinci Capital filed the lawsuit against instant messaging company Telegram, claiming to have lost over $70 million in the project.
Russian lawmakers weighing partial reversal of digital currency payments ban
The reports note that some lawmakers in the country are considering revising some aspects of the payments ban including allowing digital currencies to be used as payment in domestic contracts.