Russia

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Russia May Legalize Crypto Mining by the End of 2022

Anatoly Aksakov last week said the Bank of Russia and the Ministry of Finance agreed on the final version of the bill on the legalization of crypto mining.

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Crypto Exchange Bitstamp is Reportedly Blocking Accounts of Russian Users

A Russian user of Bitstamp has reported that his account has been blocked without the possibility of withdrawing funds.

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Compass Mining Will Sell Equipment to Russia After US Sanctions on BitRiver

Bitcoin mining equipment and services provider Compass Mining is trying to quickly sell equipment located in Siberia after US sanctions on BitRiver.

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Binance Denies Reuters Article About Cooperation with the FSB and Rosfinmonitoring

Binance has published correspondence with Reuters journalists and denied allegations of cooperation with the FSB and Rosfinmonitoring.

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Binance Introduced Restrictions for Users from Russia

Binance has just announced restrictions for accounts of residents of Russia with more than €10,000 in crypto assets.

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Elliptic: Bitcoin Industry Should Prevent Russia from Evading Sanctions

The cryptocurrency industry received a “powerful signal” about the need to implement solutions that will prevent Russia from evading sanctions through mining.

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Cryptocurrency Miner BitRiver Targeted by US Sanctions

The US Treasury has imposed sanctions against the BitRiver group of companies engaged in cryptocurrency mining in the Russian Federation.

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Currency.com Will Stop Serving Users from Russia

Belarus-based crypto exchange Currency.com will stop working with clients from Russia.

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