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US authorities charges group of Russia in $300 million Ponzi scheme

The US Securities and Exchange Commission accuses 11 individuals of creating a crypto pyramid scheme Forsage.  Among them are some Russians. 
Kravox 02.08.2022

Russia got $2 million in cryptocurrency for military operation support

Since the start of the geopolitical crisis in Ukraine, dozens of organizations supporting Russia have received more than $2 million in different cryptocurrencies. 
Kravox 02.08.2022

Russian SWIFT blockchain alternative is ready for testing

St. Petersburg State University developed a payment system from which it will be impossible to disconnect any country or create restrictions on its use.
Kravox 18.07.2022

Russia announces SWIFT blockchain alternative

Rostec State Corporation unveiled a new development based on distributed ledger technology. The CELLS system will enable payments in international settlements and digital currency storage.
Kravox 06.06.2022

Russia wants to legally force miners to use Russian equipment

At the same time, there are no production facilities in Russia that could create dedicated equipment for mining since everything is produced in Taiwan and South Korea.
Kravox 29.04.2022

BitRiver: U.S. sanctions cause unfair competition

According to the company, it didn't provide services to Russian government institutions or work with clients sanctioned by Washington, D.C.

 
Kravox 27.04.2022

A scandal led Binance to reveal its correspondence with Reuters

Reuters News Agency claimed Binance has been sharing user data with Russian regulators and intelligence agencies. The crypto company denied that and argued that reporters had intentionally ignored their answers.
Kravox 26.04.2022

Russia imposes cryptocurrency regulation

The bill provides for the creation of multilateral regulation of the crypto market, including the procedure for transactions with digital currencies and their issuance, as well as determining the specifics of the activities of crypto market subjects.
Kravox 26.04.2022

A police officer finds an illegal mining farm and tries to steal it

Driven by intelligence information about the location of cryptocurrency mining equipment, a police officer tried to steal it jointly with two other accomplices.
Kravox 26.04.2022

BitRiver, a data center operator for mining, hit by U.S. sanctions

BitRiver, one of the largest operators of cryptocurrency mining data centers, was slapped with U.S. sanctions. The U.S. Treasury Department's sanctions list also includes 10 Russian subsidiaries of the company.
Kravox 22.04.2022

Russia wants to create a blockchain-based SWIFT alternative

St. Petersburg State University intends to develop a decentralized substitute for the international interbank system.
Kravox 18.04.2022

Russian Prime Minister: Russians hold ₽10 trillion in crypto wallets

More than 10 million Russians have already opened cryptocurrency wallets, Russian Prime Minister Mikhail Mishustin said during his speech in the State Duma. Their accounts contain cryptocurrency worth a total of ₽10 trillion.
Kravox 13.04.2022

Japan steps up cryptocurrency regulation to prevent Russia from circumventing sanctions

The bill will oblige cryptocurrency exchanges to check whether the recipients of transactions fall under the sanctions imposed because of the conflict in Ukraine.
Kravox 08.04.2022

Russian court approves Ethereum seizure for ₽1 billion

In St. Petersburg, a Russian court allowed the seizure of stolen Ethereum cryptocurrency worth ₽1 billion. The reason was fraud committed by its owner.  
Kravox 07.04.2022

The U.S. is going to block Russian crypto-exchange users

The U.S. Congress introduced a bill to impose sanctions on foreign cryptocurrency exchanges that cooperate with Russian legal entities. Moreover, the bill allows the Minister of Finance to block transactions of Russian users on cryptocurrency exchanges.
Kravox 25.03.2022
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