Russia
Russian Energy Minister Says Miners Should Pay More for Electricity
Using energy at retail rates for crypto miners is unacceptable, Nikolay Shulginov said.

Putin Says Crypto Can’t Yet Replace Dollar in Settling Oil Trades: Report
The Russian president said it’s too early for that.

Putin Signals Tolerance of Cryptocurrencies
CoinDesk’s Nikhilesh De discusses the specifics, reactions, and implications for Russian President Vladimir Putin saying crypto has value but cannot yet replace the U.S. dollar in settling oil trades.

Putin: Crypto Can’t Yet Replace Dollar in Settling Oil Trades
Reacting to Russian president Vladimir Putin saying he doesn’t think crypto can replace the U.S. dollar in settling oil trades yet, though he believes it has value. Merkle Science’s Mary Beth Buchanan discusses the implications for Russia potentially warming up to crypto.

US Sanctions Enforcer Blacklists a Crypto Exchange for First Time
The U.S. Treasury Department added Russia-based crypto exchange Suex.io to its list of specially designated nationals (SDNs) for its alleged role in facilitating cryptocurrency transactions for ransomware attackers. Labeled a “specially designated national,” Suex.io is in a category with suspected terrorists.

Bank of Russia Sees Digital Ruble as a Key Project
The Russian central bank’s deputy chairwoman sees no obstacles to the launch of a CBDC.

Eastern Europe Received Over $1B of Illicit Crypto in a Year: Chainalysis
The region is second highest for cryptocurrency scams, behind only Western Europe, a report says.

Founder of Alleged $95M Ponzi Nabbed in Russia, 3 More Sought
Finiko was labeled as a Ponzi scheme by the Bank of Russia but still attracted millions in investment.

Russia’s Financial Monitoring Agency Will Pay $200K for Crypto Transaction Surveillance
Rosfinmonitoring, Russia’s agency for preventing crime financing and money laundering, will pay 14.7 million Russian rubles ($200,000) for a proprietary bitcoin transaction tool that helps identify crypto users and see if they are involved in criminal activities. "The Hash" squad discusses the local and international implications for Russia finally dabbling into the transaction monitoring space after three years in the making.

Russia's Financial Monitoring Agency Wants to Identify and Profile Crypto Users
Rosfinmonitoring will pay $200,000 for a tool to identify crypto users and see if they are involved in criminal activities.

