Russia


Policy

Russia Legalizes Crypto Mining and Brings an Experimental Regime

The State Duma passed two bills on Tuesday.

Russian flag (Egor Filin/ Unsplash)

Policy

Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs

Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.

Russian flag (Egor Filin/ Unsplash)

Policy

Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win

The new Arbitrum-powered tool could give Russians critical of Putin a way to anonymously voice their displeasure.

16:9 Crop: Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Policy

Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail

Rabotnik, 24, has also been ordered to pay over $16 million in restitution.

Jebara Igbara was sentenced to 7 years in prison. (Sasun Bughdaryan / Unsplash)

Policy

CommEX, Owner of Binance's Former Russian Ops, to Close Down

Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.

Russian flag (Egor Filin/ Unsplash)

Policy

BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.

(Christiann Koepke/Unsplash)

Policy

Vladimir Putin's Signature Brings Digital Ruble Into Russia's Tax Code

The tax code now contains a definition of "digital ruble account" and has rules for the taxation of transactions with digital rubles.

16:9 Crop: Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Policy

Crypto Exchange CoinList Settles OFAC's Russian Sanctions Allegations for $1.2M

CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.

Russian flag (Egor Filin/ Unsplash)

Policy

Binance P2P Trading Platform Halts Ruble Support Following Russia Exit

Customers are free to withdraw or transfer funds and continue trading via Binance Russia's new owner CommEX, the company said Monday.

Two large stacked blocks displaying Binance's logo at a trade show.

Tech

Russian Attackers May Have Been Behind Hack of Sam Bankman-Fried’s FTX, Elliptic Says

Research firm Elliptic said some of the stolen funds appear to be linked to Russian cybercriminal groups, citing on-chain analysis.

FTX Logo (Unsplash)