Rural Russia Prepares to Attract Crypto Loans

Rural Russia Prepares to Attract Crypto Loans

A proposal was presented at the Russian Expert Council for Non-Bank Credit Organizations to allow rural businesses in the country to receive crypto loans to attract funds from abroad. The chairman of the council, a State Duma member, is asking...
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System to Guarantee ICO Investments Being Built in Russia

System to Guarantee ICO Investments Being Built in Russia

A system to guarantee the investments in initial coin offerings (ICO) is being built in Russia by Globex, a commercial bank subsidiary of the state-owned VEB bank, and the Russian Association of Cryptocurrency and Blockchain. Also read: Indians Look to Buy...
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Two Russian Regions to Develop Large Scale Crypto Mining

Two Russian Regions to Develop Large Scale Crypto Mining

The governors of two Russian regions have indicated their readiness to accommodate large crypto mining facilities. Two of the westernmost subjects of the Federation – Kaliningrad and Leningrad – are willing to welcome miners and want to get involved in...
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Five Siberian Power Plants Attracting Crypto Miners With Surplus Electricity

Five Siberian Power Plants Attracting Crypto Miners With Surplus Electricity

Cryptocurrency miners will soon be able to benefit from surplus electricity and the cold climate at five power plants located in Siberia. Russian energy company En+, which owns those power plants, is already in talks with investors to build crypto...
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FBI Claims Arrested Cyber Crime Syndicate Co-Founder Medvedev Worth $800M+ in BTC

FBI Claims Arrested Cyber Crime Syndicate Co-Founder Medvedev Worth $800M+ in BTC

The Federal Bureau of Investigation (FBI) has claimed that Sergey Sergeyvich Medvedev, a Russian national recently arrested in Bangkok, was the co-founder and second in command of the Infraud group – a notorious international cyber crime syndicate. It ha...
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Russia Drafts Bill to Accredit ICO Issuers – Public Comments Wanted

Russia Drafts Bill to Accredit ICO Issuers – Public Comments Wanted

The Russian government is drafting a bill to introduce the accreditation of initial coin offering issuers. Accredited organizations must comply with a set of rules, including having 100 million rubles capital, and are subject to inspections every three years. ...
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Nuclear Engineers Arrested for Mining Cryptocurrency Using Government Supercomputer

Nuclear Engineers Arrested for Mining Cryptocurrency Using Government Supercomputer

Russian nuclear scientists working at a top-secret nuclear center have been arrested for allegedly using the center’s computer facilities for the purpose of mining cryptocurrencies. Also Read: Russia’s Largest Bank Caught Employees Mining For Crypto   R...
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