Illegal Crypto Cash-Out Scheme Worth 3 Billion Rubles Halted in Ufa
Police are investigating a group involved in illegal financial operations benefiting crypto exchanges, online casinos, and fraudulent call centers.
Illegal Crypto Cash-Out Scheme Worth 3 Billion Rubles Halted in Ufa
Police are investigating a group involved in illegal financial operations benefiting crypto exchanges, online casinos, and fraudulent call centers.
Top five crypto exchanges without restrictions in Russia
Key advantages of trading platforms for Russian users.
Ingushetia Farmers Caught Illegally Mining Cryptocurrency, Stealing 8 Million kWh of Electricity
In the Ingush village of Surkhakhi, energy officials uncovered illegal cryptocurrency mining operations at a livestock farm, leading to significant electricity theft. This was reported by Rosseti North Caucasus. The consumer initially used a transformer with a capacity of 100 kVA and a contractual load of up to 80 kW. Later, the owner unlawfully replaced […]
Over 80% of Financial Pyramids in Russia Shift to Cryptocurrencies
In the first half of 2025, the Bank of Russia identified 2,328 financial pyramids, with over 80% utilising cryptocurrencies as the primary means of fund transfer, according to the regulator’s report. The schemes were short-term pseudo-investment online projects. Some promised returns from investments in digital currencies, while others focused on precious metals, commodities, and various […]
Experts Evaluate the Impact of Fines for Cryptocurrency Payments in Russia
The Russian authorities plan to introduce fines for paying for goods and services with cryptocurrency starting in 2026. The draft law will be considered in the State Duma this autumn, according to Anatoly Aksakov, head of the financial market committee, in a comment to «Izvestia». According to him, fines for individuals will range from 100,000 […]
Sber Proposes Banks as Custodians for Bitcoin Storage
Sber has proposed that Russian banks become centers for the accounting and storage of cryptocurrencies. This was reported by “Vedomosti” citing Anatoly Pronin, a representative of the financial institution.
Digital Ruble Set for Circulation by September 2026
The Russian State Duma has passed a law in its third reading to introduce the digital ruble into circulation starting September 1, 2026, as reported by Interfax. July 23, 2025 | 17:01Update: Russian President Vladimir Putin has signed the law on the implementation of the digital ruble. The relevant document has appeared on the legal […]
Moscow Exchange to Launch Ethereum Futures Trading
In August, the Moscow Exchange will commence trading in two types of futures: one linked to the Ethereum exchange rate and the other to U.S. government bonds. This was reported by RBC.
Bitcoin Corruption in Russia Estimated at 13.5 Billion Rubles
Rosfinmonitoring, in collaboration with the FSB and the Ministry of Internal Affairs of Russia, has developed a methodology to enable commercial banks to identify corruption schemes involving cryptocurrencies. This was announced by the head of the agency, Yuri Chikhanchin, during a meeting with Vladimir Putin. According to the official, such crimes are typically committed through […]
Cryptocurrency Turnover in Russia Halves
As of June 29, the average daily turnover of cryptocurrencies in the Russian market stands at $66.7 billion, compared to $140.2 billion at the beginning of 2025, marking a significant decrease. This information is reported by Vedomosti, citing trading data. Meanwhile, the industry’s capitalization shows positive dynamics despite price corrections. In 2024, it grew by […]
Rostec to Launch RUBx Token on TRON Blockchain
The state corporation Rostec announced the launch of the RUBx token and the RT-Pay payment platform. The asset will maintain a one-to-one ratio with the ruble. The company supports the creation, production, and export promotion of innovative industrial products used in both defense and civilian sectors. RT-Pay will enable companies and individuals to conduct transactions […]
US Sanctions Imposed on Bulletproof Hosting Provider
OFAC added the Russian company Aeza Group, a provider of global Bulletproof hosting services, to its sanctions list, accusing it of supporting cybercriminal activities. According to the agency, the firm, headquartered in St. Petersburg, sells access to specialized servers and other computer infrastructure used by operators of ransomware, data thieves, and drug traffickers worldwide. Specifically, […]We use cookies to improve the quality of our service.
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