Rosseti Group Sparks Crypto Revolution as Russia’s Power Grid Giant Eyes Mining Boom
Rosseti Group explores crypto mining to utilize excess power, aligning with Russia’s growing adoption of Bitcoin for global trade and economic growth.
Rosseti Group explores crypto mining to utilize excess power, aligning with Russia’s growing adoption of Bitcoin for global trade and economic growth.
Russian citizen sentenced to 7 years for using cryptocurrency to fund Ukrainian military, marking a first-known case in Russia.
Russia introduces crypto mining bans and seasonal restrictions from January 2025 to address energy issues, with new federal regulations.
Russia imposes a six-year crypto mining ban in ten regions, citing energy issues, with additional temporary bans during peak consumption periods.
Russia and Japan propose Bitcoin reserves, South Korea’s crypto trading volume surges, and Thailand pushes for Bitcoin adoption.
Russia's State Duma explores a strategic Bitcoin reserve to bolster financial resilience amidst sanctions and fiat vulnerabilities.
The UK NCA uncovers a massive crypto-laundering operation involving Russian intelligence, criminal syndicates, and ransomware groups.
Russia enforces 13%-15% crypto tax, mining VAT exemptions, energy caps, and restrictions as Bitcoin prices reach 11M rubles amidst the ruble decline.
Russia's new law recognizes Bitcoin as property, exempts crypto from VAT, and implements mining tax rules.
Russia enforces crypto mining restrictions in 13 regions, sets energy caps, and introduces new tax laws for mining operations through 2031.
BRICS explores digital currencies for investments, introduces blockchain-based BRICS Pay, and expands its membership with new strategic initiatives.
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