Add Yahoo as a preferred source to see more of our stories on Google. Russian police say they have confiscated over 2,700 crypto mining rigs from a facility in St. Petersburg that went online in 2018.
Russia’s cryptocurrency laws have not convinced most mining businesses to register with authorities, as only 30% of the miners have entered the Federal Tax Service Register since late 2024. The ...
Government departments in Russia have created a special register for coin mining equipment to help local authorities in their efforts to curb illegal mining activities. The initiative of the executive ...
The Russian government approved a list of regions and territories where cryptocurrency mining will be banned starting next year. Crypto mining will be banned entirely in 10 Russian regions for six ...
Russia has banned crypto mining in ten key regions of the country until 2031, citing its high energy consumption, according to Russian news sources. Dagestan, North Ossetia, and Chechnya are among the ...
Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation. Russian President Vladimir Putin has signed a set of ...
Russia's largest data center operator BitRiver has partnered with the Russian Direct Investment Fund to build mining and AI computing facilities across BRICS nations. The companies announced their ...
A report published on February 21 indicated that Russia's Bitcoin mining sector expanded by 7% in 2024, with mining farms reaching a total of 136,600 units. Despite this expansion, the sector ...
MOSCOW, Nov 19 (Reuters) - Russia has banned cryptocurrency mining in several Siberian regions to prevent power shortages during the winter and has restricted it in areas of Ukraine that it has ...
Authorities in Russia have dismantled a large-scale illegal crypto mining operation in Nazarovo, a town in Krasnoyarsk Krai, exposing a scheme that reportedly generated over 4.6 million rubles ...
Igor Runets, who founded Russia’s largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three ...