Authorities in Buryatia approve construction of a mining centre
A large data centre for Bitcoin mining will be built in Buryatia. The decree was signed by the republic's head Aleksey Tsydenov, local media report.
Authorities in Buryatia approve construction of a mining centre
A large data centre for Bitcoin mining will be built in Buryatia. The decree was signed by the republic's head Aleksey Tsydenov, local media report.
Conman posing as lawyer dupes Russian man into funding Bitcoin wallet
A 62-year-old resident of Ust-Ilimsk was twice a victim of scammers in an attempt to earn money and recover stolen funds, according to the local police.
Peskov: digital ruble will help fight poverty
The digital ruble could appear in Russia within three to seven years, but Russia will not become the world leader on this issue, said Dmitry Peskov, the president's special envoy for digital and technological development, in an interview with RIA Novosti.
Aksakov: Critics of cryptocurrencies see risks to the financial system and citizens
There are no opponents of blockchain in power, but positions on cryptocurrencies vary. This was stated by Anatoly Aksakov, head of the State Duma committee on the financial market, during a speech at Blockchain Life 2020 forum.
Mishustin Says Bitcoin Threatens the Financial System
Prime Minister Mikhail Mishustin believes that cryptocurrencies and stablecoins threaten the stability of the existing financial system. Rosbalt reports this.
Pawnshop employee embezzles 3 million rubles; funds transferred into cryptocurrency
The court found the resident of Petropavlovsk-Kamchatsky guilty of embezzling funds in the particularly large amount. She transferred the stolen money into cryptocurrency, according to Kamchatka-Inform.
Russian woman borrowed 1.2 million rubles and handed them to cryptocurrency scammers
A resident of the Ulyanovsk region became a victim of scammers who demanded money from her, promising earnings in cryptocurrency. This was reported by the local police.
Cryptocurrencies enter the top five among Russian investors, ahead of gold
Cryptocurrencies were among the most popular investment products for retail investors in Russia. In terms of demand they overtook gold, according to a study by the World Gold Council (WGC).
Digital ruble to be piloted by commercial banks
If the digital ruble project is approved, the Bank of Russia will conduct an experiment on its use by a limited group of users. Izvestiya reports.
Accessibility and traceability: how the Bank of Russia sees the digital ruble
For a long time, discussions about the digital ruble were the subject of speculation by a handful of officials. However, on the eve of its publication, the Bank of Russia released its first report outlining its position on issuing a central bank digital currency (CBDC) in Russia. ForkLog has examined the report's contents.
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