Russia | ForkLog

ForkLog 13 11.07.2023

State Duma approves law to implement the digital ruble

The State Duma of the Russian Federation approved in the second and third readings a law laying the groundwork for integrating the central bank digital currency (CBDC).

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ForkLog 91 11.07.2023

BitOK: The Infraud Organization Laundered ₽10 Billion in Bitcoin

The Infraud Organization, led by former Moscow Tverskoy District Investigative Committee chief Marat Tambiev, allegedly laundered 5,200 BTC (~₽10 billion).

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ForkLog 20 11.07.2023

Russian Users Lead Traffic to Major Crypto Exchanges

In June, Russians generated the majority of traffic to crypto exchanges Binance (6%), Bybit (19%), Gate (10%), Bitget (16%), and Huobi (17%).

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ForkLog 19 06.07.2023

Central Bank outlines timelines for broad rollout of the digital ruble

Russian citizens will have the opportunity to use the national digital currency in 2025–2027, according to Olga Skorobogatova, the Central Bank's first deputy chair.

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ForkLog 17 04.07.2023

Russia seeks foreign help to seize cryptocurrencies

The Russian Prosecutor General's Office has for the first time sent requests to foreign law-enforcement authorities for legal assistance in seizing cryptocurrencies.

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ForkLog 7 04.07.2023

Sibur Invests Over 400 Million Rubles in DFAs

The oil-and-gas chemical company Sibur conducted a deal to place free cash into DFAs for 30 days.

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ForkLog 13 04.07.2023

Russia outlines criminal-liability regime for cryptocurrency operations

An essential condition for bringing criminal liability for cryptocurrency operations in Russia is the existence of deals involving property obtained by criminal means.

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ForkLog 50 29.06.2023

In Russia, 15,000 ASIC miners were hijacked under the guise of an offer from RusHydro

Fraudsters posing as RusHydro employees are sending miners commercial offers to install equipment at several hydroelectric plants.

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ForkLog 16 29.06.2023

Duma Relieves Bank of Russia of Responsibility for Safeguarding Digital Rubles

The updated draft of the digital ruble bill has been submitted to government departments and market participants for final coordination ahead of the second reading.

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ForkLog 18 28.06.2023

Supreme Court Rules Bitcoin-to-Ruble Conversions Amount to Money Laundering

The Supreme Court of the Russian Federation overturned the verdict in the part acquitting the defendant of laundering bitcoins by converting them into rubles and transferring the funds to bank cards.

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ForkLog 15 28.06.2023

Amendments expanding DFA issuers’ powers pass second reading

The State Duma of the Russian Federation approved in the second reading a bill that provides for remote identification of foreign clients by DFA-issuing platforms.

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ForkLog 12 27.06.2023

Ruble–USDT trading volume triples amid Wagner PMC rebellion

On June 24, amid events related to the Wagner PMC, CCData analysts recorded a sharp spike in ruble–USDT trading activity.

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