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Russia
Russia's Cybercriminals Are Literally Digging Up Their Crypto Cash-Outs
A service being advertised on a Russian darknet marketplace allows cybercriminals to untraceably cash out of their cryptocurrencies. "The Hash" panel breaks down the extreme lengths being taken, including burying vacuum-packed cash.
Russia's Darknet Criminals Have Novel Crypto Cash-Out System: 'Buried Treasure'
A darknet ad flagged by the crypto sleuths at Elliptic says vendors will bury vacuum-packed physical cash “5-20 cm under the ground.”
Putin Says Russia Must Stop Illegal Cross-Border Crypto Transfers
Russia's President Putin says crypto use by "criminal elements" is increasing and law enforcement must monitor it more closely.
Bank of Russia Eyes Digital Ruble Prototype in Late 2021: Report
Russia's central bank told CoinDesk that over 80% of feedback on the digital ruble was supportive of the project.
Russia's Digital Ruble Model to Get Bank-Friendly Redesign
Banks had feared being drained of liquidity under the original concept for the digital currency.
Russia's Crypto Tax Bill Passes First Reading at State Duma
The bill proposes to recognize cryptocurrency as property for purposes of taxation.
Russia's Lower House to Consider Bill on Crypto Taxation This Week
If passed the bill would amend tax laws to recognize digital currencies as a form of property.
Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble
Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers.
Mystery Entity Just Set up 20K Bitcoin Miners in Siberia: Report
A shipment of devices said to be worth up to $60 million was set up in the city of Bratsk and set to mining bitcoin.
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.
