Russian citizens are fuming at reports that illegal crypto miners in Abkhazia are using Moscow-provided electricity to power their rigs.

The profits are funneled back to Moscow to fuel its war efforts. The system, described as a “hidden pipeline,” has grown more ...

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 ...

In early 2022 — before the invasion of Ukraine — Russia's central bank proposed a ban on the use and mining of cryptocurrencies within the country, citing risks to financial stability and ...

Since the start of the invasion of Ukraine, Russia has exported gold worth $2.5 billion from Africa. According to a report by ...

The Russian government has decided to ban cryptocurrency mining in several regions for six years, starting from January 1, 2025. The reason given is 'to manage energy consumption.' Did Vladimir ...

The Russian government has announced a six-year ban on cryptocurrency mining in ten regions, effective Jan. 1, 2025, citing ...

In early 2022 — before the invasion of Ukraine — Russia's central bank proposed a ban on the use and mining of cryptocurrencies within the country, citing risks to financial stability and monetary ...