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Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President…

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Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says

Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the…

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Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells

Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers…

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Bank of Russia Lists Crypto Companies Among Financial Pyramids

The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities…

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Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers

The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial…

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