New Russian Crypto Mining Bill Mandates Earnings Reports or Face Jail Time
Russia’s government has issued a new order directing cryptocurrency miners to report earnings or face jail time. Local media outlets have reported that miners will have to declare this income or face up to four years in prison.
Fraudsters Offer Russians Bogus Chance to Invest in Fake ‘State Cryptocurrency’
Internet users in Russia have been targeted in an email campaign advertising the launch of an alleged cryptocurrency issued by the state. Potential victims are encouraged to follow a link to the website of the fraudulent investment scheme, security experts said.
Russian Crypto Advocates Urge Putin To Stop Regulatory Hostility
As Russia continues to delay the adoption of cryptocurrency regulations, local advocates have appealed to Russian president Vladimir Putin to change the government’s approach to regulating the market.
North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin
The government of North Macedonia believes that an ongoing wave of false bomb threats against public targets in the country is coming from Russia and Iran. The authorities in Skopje also say that payments related to the attacks have been made with cryptocurrency to conceal traces. (Bitcoin.com)
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. In addition, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced.
Sberbank of Russia Would Deploy its DeFi Platform in May
As reported by the local press, Russia’s state-owned bank Sberbank has announced plans to introduce its own Decentralized Finance network in May of 2023.
Russia Unveils Mutual Fund for Financing Crypto Mining Operations
A Russian company has unveiled a new fund intended to finance crypto mining operations in the country.
Investment Fund Focused on Crypto Mining to Be Created in Russia
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment.
Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions
Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.
Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report
Russian marketplaces on the dark web have continued to operate despite Western sanctions and efforts to shut them down, according to a report accessing the illicit blockchain space amid the world’s “first crypto war.” Ransomware actors and high-risk crypto exchanges have also remained active.
