Russian Industrial Players Quietly Mine $3 Billion In Bitcoin—What’s Next?
The cryptocurrency mining in Russia has reached an industrial boom, whereby the number of Bitcoins minted by industrial miners reportedly ...
Tag: Russia
Putin Legalizes Crypto Mining, Ushering In A New Era For Russia
Russian President Vladimir Putin has signed a law on Thursday, officially giving legal status for crypto mining in the country. ...
Russia Moves to Legalize Crypto Use for International Payments—Here’s Why
According to the latest reports, Russia is now accelerating its regulatory efforts on crypto usage—a move that comes amidst increasing ...
Comrades In Crime: Russian-Speaking Hackers Bag 70% Of Crypto Proceeds – Report
A study from TRM Labs says that Russia's involvement in illegal crypto operations grew a lot in 2023. Almost 70% ...
Crypto Mining In Russia: Putin Warns Of Potential Energy Catastrophe
Russian President Vladimir Putin has cautioned of an impending energy problem brought about by the unbridled growth of bitcoin mining ...
Crypto As A Weapon? Russia Considers Stablecoins To Fight Sanctions
Russia's presidency of the BRICS group—Brazil, Russia, India, China, and South Africa—against the backdrop of its turn towards stablecoins begs ...
Russian Firms Pivot To Crypto In Global Trade Amid Sanctions – Here’s How
Russian commodity firms have increasingly turned to cryptocurrency to circumvent financial hurdles posed by international sanctions. With traditional banking channels ...
Binance Loses Grip On Russia: Web Traffic Plunges 30% After Exit
Change is blowing across the Russian bitcoin market. Users of Binance have been rushing to locate alternate platforms to house ...
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