Category: Russia
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Court Drops Charges Against Alleged Btc-e Operator Alexander Vinnik
The lawsuit against alleged Btc-e operator Alexander Vinnik for “fraud, money laundering, and other grave crimes” filed in Cyprus has reportedly been dropped. His lawyer says the case “fell apart at the very early stage” at the initiative of the plaintiffs themselves. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Lawsuit…
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Russian Miners Sell Their Equipment Amid Market Plunge
A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Also read: Bitcoininfo.ru Wins Court Case Against Ban Russian Miners Selling Used Hardware Amateur mining used to be very…
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BTC-e Operator Alexander Vinnik to Go on Hunger Strike, Lawyer Says
Alexander Vinnik, the suspected operator of the infamous BTC-e exchange, plans to start a hunger strike on Monday, days before his next court hearing. The Russian, who has been accused by U.S. authorities of laundering billions of dollars through the now-defunct crypto trading platform, fears he is not going to receive a fair trial. …
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Bitcoininfo.ru Wins Court Case Against Ban
The owner of Bitcoininfo.ru has won an appeal against a ruling to block the cryptocurrency website. A court in Saint Petersburg has decided that access should be restored and that Nikolay Tonkoshkurov should be compensated for the unlawful actions of the prosecutors and judges who presided over the case. Also read: BTC-e Successor Wex Loses…
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The Daily: Bitpay Adds Another Stablecoin, Waves to Launch Exchange in Malta
In this edition of the Daily, we look at Bitpay’s decision to add the U.S. dollar-pegged PAX token to its list of settlement currencies. We also cover a couple of recent announcements in the crypto industry. Waves is preparing to launch a regulated exchange in Malta and bitcoin mining giant Bitfury is planning to establish…
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Crypto Detectives Project Rates and Investigates Suspicious ICOs
An online platform created in Russia has set a noble goal of making the cryptocurrency industry safer for investors. The project investigates initial coin offerings (ICOs) that have raised suspicions and performs the due diligence for free. A report about each ICO is then published containing а summary of the findings and a conclusion about…
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Greek Court Accused of Violating the Rights of Alleged Btc-e Operator, Postpones Hearing
The judges at the Greek supreme court have been accused of violating Alexander Vinnik’s rights. The alleged Btc-e operator has been detained in Greece since July last year. The hearing against his extradition to France has also reportedly been postponed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rights Violation Alexander Vinnik, who allegedly…
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Crypto Experts From Sanctioned Countries to Receive Training in Crimea
The leading crypto industry association in Crimea has proposed establishing an international training center to prepare experts from countries that have been placed under western sanctions. The idea is to use advanced technologies associated with cryptocurrencies to attract foreign investors to these jurisdictions. Also read: Estonia Issues Over 900 Licenses to Cryptocurrency Businesses Plan for…
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Russian Developers to Help Iran Build Its Crypto-Economy
Experts from Russia will provide support for the development of Iran’s crypto-economy. The cooperation is part of an agreement reached by representatives of leading industry organizations from the two countries, both subjected to western sanctions. Also read: Vietnam at Crossroads on Cryptocurrency Regulations Crypto Associations Sign Cooperation Agreement The document has been signed by…
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Digital Bank Revolut Surpasses 3 Million Customers
U.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services for a growing number of fiat currencies and cryptocurrencies. Also read: Huobi Opens in Russia, Plans…