Russia


Policy

Russians Troll Government COVID-19 App With 1-Star Ratings, Harsh Reviews

The Russian government released an app to track citizens during the coronavirus pandemic. Privacy advocates are leaving bad reviews in the app stores.

BEFORE THE 'CYBER GULAG': A young woman in Moscow wearing a medical mask on March 25, four days before the city imposed a lockdown. People wanting to leave their homes now need electronic permission. (Credit: Shutterstock)

Tech

How Bitcoin’s Price Slump Is Changing the Geography of Mining

Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies.

mining

Policy

Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included

The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.

Russian government building

Finance

Ruble's Drop Eases Pain of Lower Bitcoin Prices for Russia's Miners

The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.

Bitriver mining farm in Bratsk, Russia.

Policy

Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance

The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia.

Elvira Nabiullina, governor of the Bank of Russia.

Policy

Why Energy Experts Are Watching Crypto as Oil Wars Emerge

Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.

(Shutterstock)

Policy

Russia Seeks to Block 'Darknet' Technologies, Including Telegram's Blockchain

A Russian government agency has requested contractor bids to find ways to block censorship-resistant internet tech, including one blockchain: Telegram's.

House of the Government of the Russian Federation (Aksenov Petr/Shutterstock)

Markets

What the Oil Market Says About Bitcoin's 'Safe Haven' Status

“I don’t think any asset is safe right now – except cash, U.S. dollars.”

Credit: Shutterstock

Finance

Russian Oligarch, Ex-Cabinet Minister Invested in Telegram's ICO, Court Filing Says

Roman Abramovich, owner of the Chelsea soccer club, invested $10 million in Telegram’s $1.7 billion token sale through a British Virgin Islands-based entity, court papers indicate.

CAPTAIN OF INDUSTRY: Roman Abramovich, owner of the Chelsea soccer club, invested $10 million in Telegram’s token sale through a British Virgin Islands-based entity, court papers indicate. (Image: Shutterstock.)

Finance

Russian Smelting Giant Nornickel Launches Metal Tokenization Platform for Testing

The Russian mining and smelting giant will issue metal-backed tokens on Atomyze, a Hyperledger-based blockchain platform.

Norilsk nickel melting shop