Russia | ForkLog

ForkLog 24 24.06.2025

Bitmama Sentenced to Seven Years in Prison

The Presnensky District Court of Moscow has sentenced Valeria Fedyakina, known by the alias Bitmama, to seven years in a general regime colony for fraud. This was reported by TASS. Fedyakina was found guilty under Part 4 of Article 159 of the Criminal Code of the Russian Federation (fraud on a particularly large scale). The […]

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ForkLog 53 19.06.2025

Sberbank Launches Bitcoin-Linked Bonds Worth 500 Million Rubles

Russia’s Sberbank has issued over-the-counter bonds valued at 500 million rubles, tied to the price of the leading cryptocurrency. This was announced by the bank’s Deputy Chairman, Anatoly Popov, at the St. Petersburg International Economic Forum, according to «Lenta.ru». The product allows investors to allocate funds into an asset whose value is dependent on the […]

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ForkLog 143 12.06.2025

Analysts Report New Surge of Covert Mining in Russia

The hacker group Librarian Ghouls, also known as Rare Werewolf, has compromised hundreds of Russian devices for covert cryptocurrency mining. This was reported by experts from Kaspersky Lab. Infection Method The perpetrators gained access to systems through phishing emails. These emails are disguised as messages from legitimate organizations and appear as official documents or payment […]

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ForkLog 66 09.06.2025

Moscow Exchange to Launch Its Own Bitcoin Index

The Moscow Exchange has announced the launch of a Bitcoin index. The calculation and publication of the indicator under the ticker MOEXBTC will commence on June 10. Mechanics of the New Index The index is calculated once a day at 12:30 Moscow time. Detailed methodology can be found on the trading platform’s website. MOEXBTC is […]

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ForkLog 36 05.06.2025

Bitcoin ETF Futures Trading Volume on Moscow Exchange Surpasses 423 Million Rubles

On June 4, the Moscow Exchange initiated trading in futures on shares of the iShares Bitcoin Trust ETF by BlackRock. On the first day, the trading volume exceeded 423 million rubles, with nearly 8,600 contracts concluded. Data: MOEX. Access to the new instrument is available only to qualified investors. Representatives from the brokerage community generally […]

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ForkLog 53 04.06.2025

Moscow Exchange Launches Bitcoin Futures Trading

On June 4, the Moscow Exchange commenced trading futures on shares of the iShares Bitcoin Trust ETF by BlackRock, according to platform data. The product, under the ticker IBIT, is quoted in US dollars, with settlements made in Russian rubles. Trading is available exclusively to qualified investors. The first series of contracts will expire on […]

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ForkLog 59 03.06.2025

Sber Launches Bitcoin-Linked Bonds

Sber announced the issuance of structured bonds whose returns are tied to the price movements of the leading cryptocurrency. Currently, the instrument is available to a limited group of qualified investors on the over-the-counter market. The bank plans to list these securities on the Moscow Exchange in the future. According to the statement, this will […]

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ForkLog 54 02.06.2025

Alternative Mining Solutions Amid Regional Restrictions in Russia

In 2024-2025, several Russian regions implemented restrictions on electricity use for mining. In April, the Russian government signed a decree banning cryptocurrency mining in the southern Irkutsk region until 2031. The Russian Ministry of Energy also plans to extend similar measures to Zabaykalsky Krai and Buryatia. Alongside regional restrictions, cryptocurrency mining activities in Russia were […]

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ForkLog 118 29.05.2025

Russian Cryptocurrency Holdings Estimated at 827 Billion Rubles

From the fourth quarter of 2024 to the first quarter of 2025, the volume of crypto asset flows attributed to Russians increased to an estimated 7.3 trillion rubles (+51.1%). This is according to a recent report by the Bank of Russia citing data from the Transparent Blockchain service. Analysts linked the growth to the US […]

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ForkLog 66 27.05.2025

Sberbank to Act as Market Maker for Russian Bitcoin Exchanges and Launch ETF

Sberbank will assume the role of liquidity provider and market maker on Russian cryptocurrency platforms, according to RBC, citing a statement from Alexander Zozulya, Director of the Global Markets Department at Sberbank. The exchanges will be established within a regulatory sandbox, and operations will be permitted for super-qualified investors. Cryptocurrency products will be available to […]

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ForkLog 24 21.05.2025

Russia Endorses Measures Against Digital Ruble Money Laundering

The Federation Council has approved a law extending AML regulations to participants of the digital ruble platform. On May 20, the State Duma passed the document in its second and third readings. Initially, the bill proposed centralized control over asset transactions by the Central Bank. In the final version, this control is shared between the […]

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ForkLog 63 19.05.2025

Russia Proposes Legislation on Cryptocurrency Confiscation and Tokenization

The Russian Ministry of Justice has drafted a bill recognizing cryptocurrencies as property for the purposes of seizure and confiscation, according to TASS, citing Deputy Minister of Justice Vadim Fedorov. “Simultaneously, it is proposed to establish special requirements aimed at ensuring its preservation. Taking into account the specifics of a particular [digital] currency, an investigator […]

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