Search Results for " russia politics"
Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”
A Russian Court recently ruled a Bitcoin theft case as innocent, stating that Bitcoin was not considered a property. The victim sought restitution, after being robbed of 100 Bitcoins.
5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.
Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin
Former Wirecard Chief Operating Officer Jan Marsalek used Bitcoin to move funds to Russia where he is now in hiding under the supervision of Russian intelligence operatives, according to a Russian media outlet.
Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.
Russia Plans to Build AI Software to Remove the Anonymity of Users in Crypto Transactions
The Russian agency’s plan involves using artificial intelligence (AI) for its software, as the agency sees an “urgent need to create effective opportunities for state control over the circulation of virtual assets.”
Bitcoin Takes Black Swan Dive With Markets, Cash Still King as Stablecoin Market Caps Surge
The Bitcoin community watched from the edge of their seats as the BTC price briefly sank below to $3,900 before rebounding to between $5,300 and $5,500 in less than 30 minutes this morning.
COVID-19 Pandemic-Induced Crisis is Pushing CBDC Adoption, says Bank of Russia
Financial regulators are keeping a keen eye on central bank digital currencies (CBDCs) because they see them as silver linings.
Eastern Europe Hotbed For Darknet As Ransomware Activity Increases
A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.
Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System
Crypto usage is growing in Russia, despite attempts by the government to make investment more difficult.
Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report
In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.
Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda
Ripple CEO thinks Bitcoin’s PoW energy consumption makes public companies who invested heavily in BTC, like Square, potential targets of Joe Biden’s climate change agenda.
Russia Restricts Anonymous Cash Deposits to Online Wallets
The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.