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Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers – Finance Bitcoin News

The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details

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‘Facebook of Russia’ Exec Rogozov Joins Telegram’s Spin-Off Blockchain Project

In Rogozov’s view, Telegram is not just a messaging app: It’s a major content platform because its many channels function as media outlets. That means the current boom in content creation will benefit it and boost the development of crypto tools aimed at rewarding those creators – including Toncoin’s donation

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Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining – Regulation Bitcoin News

True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for

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Bitcoin shrugs off Russia crypto ban fears as BTC price nears $43.5K

Bitcoin (BTC) surged on the Wall Street open on Jan. 20 as news that Russia was planning to "ban" cryptocurrency failed to impact price performance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price climbs $2,500 in 24 hoursData from Cointelegraph Markets Pro and TradingView showed BTC/USD adding $1,500 over several hours on

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Bank of Russia Calls for Full Ban on Crypto

Mining creates fresh supply of cryptocurrencies, so it stimulates the demand for other crypto services such as exchanges and "creates a non-productive electricity expenditure, which undermines the energy supply of residential buildings, social infrastructure and industrial objects, as well as the environmental agenda of the Russian Federation," the report said. Source

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Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members – Bitcoin News

Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between

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Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia – Regulation Bitcoin News

Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. Anti-Corruption Official Pushes for

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Binance taps former central bank exec to push compliance in CIS and Russia

Binance, the world’s largest cryptocurrency exchange, is putting more effort into increasing compliance in the Commonwealth of Independent States (CIS), Russia and Ukraine.Binance is planning to extend its operations in the region and boost local cryptocurrency compliance and education, Gleb Kostarev, Binance’s head of operations for Russia and the CIS,

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