Author: Anna Baydakova

Ukraine Oligarch’s Troubled US Steel Plant Has Been Quietly Mining Bitcoin: Report – CoinDesk

CoinDesk

A supposedly shuttered U.S. steel plant owned by Ukrainian billionaire Ihor Kolomoisky is said to have been mining bitcoin. Kolomoyskyy, one of the most influential people in Ukraine with net worth of $1.1 billion, is the former owner of PrivatBank, Read More

Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’ – CoinDesk

CoinDesk

Russian cryptocurrency and blockchain association (RAKIB) warned the country’s central bank against making its future CBDC too centralized. RAKIB sent a letter to the Bank of Russia Chairwoman Elvira Nabiullina saying that the potential design for digital ruble that the Read More

Ukraine’s Draft Crypto Bill Passes First Parliamentary Hearing – CoinDesk

CoinDesk

Ukraine’s legislative effort to bring in cryptocurrency regulation has had a successful first hearing in the nation’s parliament, the Verkhovna Rada. After being discussed and given the initial thumbs up by lawmakers Wednesday, the Draft Bill on Virtual Assets now Read More

Belarus Bank to Offer Bitcoin Purchases, With Litecoin and Ether Coming Soon – CoinDesk

CoinDesk

Belarusbank, one of the largest credit institutions in Belarus, has partnered with OTC broker White Bird to offer a bitcoin buying service, according to an announcement Monday. For now, purchases will be available via bank cards issued in Belarus and Read More

Russian Ministry Wants Citizens to Report Their Crypto Wallet Details: Report

CoinDesk

The Ministry of Finance is seeking amendments to the law that would force cryptocurrency users to report wallet balances and large transactions to the tax authorities. Go to Source Author: Anna Baydakova Recommended Crypto Services, Products and Strategies: The first Read More

Russian Activists Use Bitcoin, and the Kremlin Doesn’t Like It – CoinDesk

CoinDesk

MOSCOW — No government can stop bitcoin transactions, which suggests the cryptocurrency is an ideal way for dissidents and activists to raise funds. This should be especially true in Vladimir Putin’s Russia, where independent politicians and civic groups have been Read More

Illegal Miners in Russia Stole $6.6M-Worth of Electricity, Power Grid Firm Says – CoinDesk

CoinDesk

Illegally built power stations, tampered power meters and underground mining farms helped “black” miners steal almost $6.6 million (450 million Russian rubles) from local energy providers over the past three years, state-owned power grid company Rosseti said.  The company initially Read More

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors – CoinDesk

CoinDesk

Messaging app Telegram postponed the launch of its blockchain project TON for a second time on Wednesday, pushing the new go-live date to April 2021 and triggering a costly clawback clause in its agreement with token-sale investors. According to a Read More