Russian lender TCS buys Swiss crypto services firm Aximetria

Russian lender TCS buys Swiss crypto services firm Aximetria

MOSCOW, Jan 12 (Reuters) – Russian lender TCS Group Holding (TCSq.L) has bought Swiss crypto services company Aximetria from venture capital firm Digital Horizon, the companies said on Wednesday, as the bank steps up its international expansion.TCS, which runs Russia’s largest online bank Tinkoff, has seen its customer base surge to more than 18 million, … Read more

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners – Mining Bitcoin News

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia Granted Permission to Increase Costs for Home Mining Russians mining cryptocurrencies … Read more

Russian COVID-19 deaths hit new record, some hospitals low on oxygen

Russian COVID-19 deaths hit new record, some hospitals low on oxygen

A medical specialist administers a nasal swab to a woman at a COVID-19 rapid testing centre located at a metro station amid the outbreak of the coronavirus disease in Moscow, Russia November 9, 2021. REUTERS/Tatyana MakeyevaMOSCOW, Nov 10 (Reuters) – Russia on Wednesday reported a record 1,239 deaths from COVID-19 in the previous 24 hours, … Read more

Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI – Bitcoin News

Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI

Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement. Russian Founder of Cryptocurrency Exchangers Detained in Holland Denis Dubnikov, co-founder … Read more

Russian crypto market worth $500B despite bad regulation, says exec

Russian crypto market worth $500B despite bad regulation, says exec

The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive.Sergei Khitrov, founder of the Russian cryptocurrency event Blockchain Life, gave a keynote speech on the state of cryptocurrency regulation in Russia at the VII Blockchain Life Forum in Moscow on … Read more

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector – Regulation Bitcoin News

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more

Namibia suspends use of Russian COVID vaccine after S.Africa flags HIV concerns

Namibia suspends use of Russian COVID vaccine after S.Africa flags HIV concerns

An employee holds a vial containing Sputnik vaccine at a factory of Hankook Korus Pharm, in Chuncheon, South Korea September 10, 2021. Picture taken September 10, 2021. REUTERS/Heo RanWINDHOEK, Oct 23 (Reuters) – Namibia will suspend the rollout of Russia’s Sputnik V COVID-19 vaccine, its health ministry said on Saturday, days after the drugs regulator in … Read more