Russia is embarking on an ambitious project to build Bitcoin mining and AI computing facilities in collaboration with other BRICS nations, a move that could inspire similar initiatives worldwide.
Read MoreRussia is embarking on an ambitious project to build Bitcoin mining and AI computing facilities in collaboration with other BRICS nations, a move that could inspire similar initiatives worldwide.
Read MoreOn October 30, Evgeny Grabchak, Russia’s Deputy Energy Minister, announced that the country will soon impose restrictions on cryptocurrency mining in regions facing critical electricity shortages.
Read MoreRussia is set to tighten its grip on crypto exchanges as regulators seek to bring the industry under stricter control. The Financial Action Task Force (FATF) compliance is a key driver behind these regulatory efforts.
Read MoreThe Russian Energy Ministry is seeking greater authority to manage the burgeoning cryptocurrency mining sector, specifically aiming to disconnect miners from energy grids as they ramp up operations.
Read MoreIn a significant move to curb illegal cryptocurrency activities, Russian authorities have reportedly launched a crackdown on unauthorized crypto exchanges, conducting extensive raids in Saint Petersburg and surrounding areas.
Read MoreThe Bank of Russia (CBR) is embarking on a significant initiative to monitor all cross-border cryptocurrency transactions conducted by its citizens over the next six months.
Read More