Advertisement     The Central Bank of Russia wants Russians to have nothing to do with crypto. Ruble-Denominated Bitcoin Volume hits 9-Month High. Major exchanges cont...
Tag: Russians
New data suggests Russians don’t trade crypto like they used to
While some crypto analysts believe that Russia could evade the economic sanctions imposed on it through the use of crypto, new data from Chainalysis suggests otherwise. Russia’s crypto transaction vol...
Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Collapses – Featured Bitcoin News
The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not s...
South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine – Bitcoin News
Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include block...
Crypto is a ‘Lifeline’ to Ordinary Russians
Coinbase CEO Brian Armstrong indicated that the exchange will comply with U.S. requirements if it needs to impose a ban, but believes that crypto still serves as a lifeline to some Russian users. In a...
Binance boss CZ sticks up for everyday Russians, saying a blanket ban is unethical
The Binance exchange finds itself playing intermediary as the war between Russia and Ukraine continues to rage. Sanctions have cut several Russian banks from the SWIFT international payment network, t...
Crypto Entices Skeptics In Its First War
two commemorative bitcoins seen in front of the national flag of Russia (Photo by Artur … [+] Widak/NurPhoto via Getty Images) NurPhoto via Getty Images The value of the Russian ruble is in free...
EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, messaging syste...
Crypto Gaming Firm Bans Russians to Comply With Sanctions
One of the biggest blockchain game developers has become the first crypto-related firm to block Russian users from accessing its services. Animoca Brands‘ co-founder announced the decision following R...
Hillary Clinton Is ‘Disappointed’ That Some Crypto Exchanges Refused to Stop Servicing Russians
Former US presidential candidate – Hillary Clinton – criticized those cryptocurrency trading venues that refused to stop servicing Russian-based users. She once again opined that digital assets should...
US Warns Against Exchanges Facilitating Transactions For Russians Amid Crackdown
With the EU, US, and other countries imposing financial sanctions on Russia, there have been concerns that individuals and organizations in the country will resort to crypto to circumvent the restrict...
Binance To Freeze Sanctioned Russians Accounts
According to recent reports, the world’s biggest crypto exchange, Binance, targeted to block the Russian user accounts available on the sanctions list due to war. The action took place after Ukraine’s...
Russians turn to Bitcoin to escape plummeting ruble currency
As the West level economic sanctions thick and fast on Russia, the ruble currency has been sent into freefall, plummeting 20% Monday to a record low against the dollar. Via XE.com Are you looking for ...
CySEC Orders CIFs to Ensure Restrictions on Sanctioned Russians
The Cyprus Securities and Exchange Commission ( CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog autho...
Crypto exchanges consider Ukraine’s call to freeze Russians’ Bitcoin
As the West continues to impose more sanctions against Russian banks following Russia’s invasion of Ukraine, one Ukrainian official has called for sanctions on Russians’ cryptocurrency holdings as wel...
Russians move from ruble to Bitcoin
Exchanges between the Russian ruble and Bitcoin are at 9-month highs, following the ruble’s collapse on financial markets against major currencies due to the war in Ukraine. Overnight, the ruble lost...
Russians switch to Bitcoin as Ruble collapse to new ATL
TL;DR Breakdown: Trading volume for Russian Ruble and Bitcoin spiked to a nine-month high The value of the Ruble recently hit an all-time low. Russians are increasingly converting their Ruble (the na...
Major Crypto Exchanges Respond To Ukraine’s Call To Ban Crypto For Russians
Ukraine on Sunday requested major crypto exchanges to block addresses linked to Russia and Belarus, amid growing speculation that Moscow could use the platform to subvert recent economic sanctions. B...
Russians Fall Victims to a New Fraudulent Scheme
Feb 23, 2022 at 12:30 // News Russian cryptocurrency scammers have developed a new scheme to trick citizens out of their money. They offer cryptocurrencies as gift options for holidays or birthdays. H...
Russians May Have To Undergo An Online Test For Crypto Trading
Russians will require online testing for citizens before they can trade crypto, according to a bill proposed by the Russian Finance Ministry. The bill, which outlines regulatory framework for exchange...
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency – Coinotizia
Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment f...
How The Russians Crush Ukraine, And How Ukraine Thwarts Them
Here’s the weaponry that Russian forces have ready for an invasion–and how Ukraine fights back. Russian President Vladimir Putin has staged more than half of the Russian army’s ground forces, as many ...
Electricity use spikes in Irkutsk as more Russians mine crypto
TL;DR Breakdown A rapid increase in electricity usage has been reported in the Russian province of Irkutsk. According to law enforcement, the theft of mining equipment has increased in the area. A rap...
Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency – Mining Bitcoin News
Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment f...
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says – Mining Bitcoin News
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction o...
Russians Hold Over $200 Billion in Crypto Assets, Local Government Estimates
Russians hold cryptocurrency worth 16.5 trillion rubles They hold around 12% of global cryptocurrency holdings Bank of Russia, government at odds on how to regulate market Russians are accepted to all...
The Russians own 12% of the cryptocurrency market
Russians hold cryptocurrencies worth $214 billion, which is 12% of the entire cryptocurrency market. This explains why the government wants to regulate them but without the crackdown hypothesized by t...
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government – Regulation Bitcoin News
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may s...
Russians Own Over $200 Billion Worth of Crypto
A recent estimate by the Russian government has revealed that locals currently own more than 16.5 trillion rubles ($214 billion) worth of cryptocurrencies. Russians Control 12% of Crypto Market Accord...