Category: Russia
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Major P2P crypto platform LocalBitcoins is blocked in Russia
LocalBitcoins’ website has been blacklisted in one of its key markets.
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Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now, the government is moving to regulate the industry in an…
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Russian ‘ex-oligarch’ reportedly backing a new DeFi project
The former owner of a Russian bank seems to be pivoting to the decentralized space.
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Crypto Exchange Binance Blacklisted by Russia’s Telecom Censorship Agency
Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from Roskomnadzor. In an announcement on its Russian Telegram channel, Binance said it…
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Russia’s telecom regulator blacklists Binance website
The website of the Binance exchange is still available without additional access tools, platform says crypto funds are safe.
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Russian ministry proposes criminal charges for failure to report crypto tax
To ban crypto or to tax, that seems to be the question.
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Russian government prioritizes Blockchain development
Russia is supercharging their development of blockchain, quantum computing, AI and 5G.
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Huobi crypto exchange launches trading app in Russia
Russian users account for as much as 10% of Huobi’s total spot trading volume.