Category: Russia

Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets

Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets

Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity. 2527 Total views 17 Total shares Russian President Vladimir Putin has stressed the importance of developing additional measures to fight against illegal cross-border transactions of digital financial assets. Speaking at a board meeting of the General Prosecutor’s office Wednesday, Putin stated that […]

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Russia’s regulatory sandbox and the implementation of blockchain tech

Russia’s regulatory sandbox and the implementation of blockchain tech

The main challenge companies face when testing and implementing innovative technologies is the need to amend existing legislation. Developing and testing new products based on distributed ledger technology requires special conditions that are often inconsistent with existing regulations. The solution to this problem would be the introduction of a special “regulatory sandbox” regime. It means […]

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Hackers Are Trying to Mine Crypto Using Russian Government Servers, Expert Says

Hackers Are Trying to Mine Crypto Using Russian Government Servers, Expert Says

Hackers have been mining crypto on government servers in Russia, including defense contractors and medical centers, expert says. (Minerva Studio/Shutterstock) Feb 5, 2021 at 6:21 p.m. UTC Hackers Are Trying to Mine Crypto Using Russian Government Servers, Expert Says Hackers are increasingly attacking Russia’s government IT infrastructure to mine crypto, a law enforcement-affiliated expert said […]

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