regions

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation

October 7, 2022 Bitcoin.com

annexation

An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for […]

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Hex Founder Richard Heart Included in Europol’s Most Wanted List

Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia

July 27, 2022 Bitcoin.com

$POWER

Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power. Cost of Electricity, Logistics Determine Russian Miners’ Choice […]

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Hex Founder Richard Heart Included in Europol’s Most Wanted List

Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

April 25, 2022 Bitcoin.com

agency

A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army two months ago. Georgian Project Auctions NFTs of Russian Land, […]

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Hex Founder Richard Heart Included in Europol’s Most Wanted List

Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining   

March 30, 2022 Bitcoin.com

Bitcoin

The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level. Russian Official Proposes Regional Energy Quotas for […]

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Hex Founder Richard Heart Included in Europol’s Most Wanted List

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

December 25, 2021 Bitcoin.com

bitcoin.com

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 […]

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Hex Founder Richard Heart Included in Europol’s Most Wanted List

China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals

July 11, 2021 Bitcoin.com

Adoption

China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major cities, taking into account their regional development priorities. Beijing Gives Away 269 Million Yuan in […]

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Hex Founder Richard Heart Included in Europol’s Most Wanted List

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

June 27, 2021 Bitcoin.com

authorized

Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms Are Based in Two Provinces The Iranian Ministry of Industries, […]

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Hex Founder Richard Heart Included in Europol’s Most Wanted List