Cryptocurrency Market

  • Market Cap: $2,217,021,732,844.89
  • 24h Vol: $104,500,332,862.99
  • BTC Dominance: 56.04%

Russia

russian-crypto-industry-queries-government-about-proposed-criminal-liability-for-miners

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in […]

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners Read More »

digital-assets-worth-2-billion-rubles-issued-in-russia-in-less-than-a-year

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year Read More »

revised-bill-suggests-prison-time-for-russian-crypto-miners-evading-taxation

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced Labor Awaits Miners and Traders Who Operate Outside Law,

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation Read More »

binance-bans-russians-from-p2p-transactions-with-dollars-and-euros

Binance Bans Russians From P2P Transactions With Dollars and Euros

Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US Dollar and Euro Transactions for Russians on Its P2P Market The world’s largest crypto

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india-russia-oil-deals-chip-away-at-dollar-dominance-in-international-trade

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade

On Wednesday, Reuters reported that Western sanctions on Russia and oil trading between Moscow and India have started to erode the dollar’s decades-old dominance of international oil trade. The oil deals between India and Russia have been settled in other currencies, putting the U.S. dollar’s dominance in the oil trade under pressure. Sources Say Non-U.S.

India-Russia Oil Deals Chip Away at Dollar Dominance in International Trade Read More »

north-macedonia-says-bomb-threats-come-from-russia,-crypto-used-to-hide-origin

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. Over 700 Facilities Targeted With Bomb Threats in North

North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin Read More »

crypto-exchange-bitzlato-restores-access-to-user-funds

Crypto Exchange Bitzlato Restores Access to User Funds

Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money. Bitzlato Allows Withdrawals After Staying Offline for Weeks Users who

Crypto Exchange Bitzlato Restores Access to User Funds Read More »

russian-bank-issues-bank-guarantee-in-chinese-yuan-using-blockchain

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain

A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s Masterchain to Issue Bank Guarantee in Yuan Moscow Credit Bank

Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain Read More »

ukraine-raises-more-crypto-than-russia-in-year-of-war,-analysis-unveils

Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils

The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more digital asset donations than the invading power. Ukraine Supporters Sent Over $212 Million in

Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils Read More »

lawmakers-to-resubmit-russia’s-crypto-mining-bill,-introduce-liability-for-‘gray’-miners

Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners

The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption of Russian Crypto Mining Legislation Postponed Again A bill

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