Russia | ForkLog

ForkLog 21 12.05.2025

Bybit and HTX Lead Russian Traffic in April

In April, Russian traffic accounted for 26% on the cryptocurrency exchange Bybit, 11% on HTX, and 5% on KuCoin, as reported by journalist Colin Wu. Website visits to major trading platforms decreased by 8% compared to March. The largest traffic declines were recorded by HTX (-60%), Bitfinex (-41%), and Gate (-29%). MEXC showed a 14% […]

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ForkLog 19 08.05.2025

Russia to Impose Comprehensive Mining Ban in Zabaykalsky and Buryatia Due to Energy Shortage

The Russian Ministry of Energy plans to extend the ban on cryptocurrency mining in Zabaykalsky and Buryatia. This was stated by Deputy Minister of Energy Yevgeny Grabchak in the podcast “What Will Happen to Mining in Russia?”, reports TASS. The regulatory framework for year-round restrictions has already been prepared, noted the deputy. “This is a […]

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ForkLog 22 06.05.2025

Bank of Russia Identifies 1,638 Crypto Pyramid Schemes

The Bank of Russia reported a surge in crypto pyramid activity: in the first quarter of 2025, the regulator identified 2,780 illegal projects — a 56% increase compared to the previous year. Nearly 60% of these (1,638 cases) were pseudo-investment platforms where cryptocurrencies became the primary tool for attracting funds. 86% of fraudulent projects demanded […]

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ForkLog 20 28.04.2025

Russian Court Denies Protection Due to Lack of Cryptocurrency Notification

Russian courts are rejecting cases related to cryptocurrencies if the plaintiff has not informed the Federal Tax Service about owning these assets. This was reported by RBC, citing lawyer Marat Amanliev. His client encountered this issue while attempting to reclaim digital currency from an acquaintance. All judicial instances dismissed the lawsuit, citing the provisions of […]

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ForkLog 26 23.04.2025

Russia to Establish Exchange for Highly Qualified Investors

The Ministry of Finance and the Bank of Russia will launch a cryptocurrency exchange aimed at highly qualified investors, according to TASS, citing Finance Minister Anton Siluanov. The official emphasized that the new project will help legalize digital assets and bring their operations out of the shadows. Siluanov noted that this concerns activities within the […]

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ForkLog 26 23.04.2025

Survey: Russians Prefer Salaries in Dollars Over Cryptocurrency

According to a Forbes report, 53% of Russians would rather receive their salaries in foreign currency, while only 16% favour cryptocurrency. This data comes from a survey conducted by the international platform Stape among 5,000 individuals aged 18 to 55. Among the respondents, 33% chose the US dollar, 28% preferred the euro, and 20% opted […]

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ForkLog 13 17.04.2025

Russia Considers Developing Its Own Stablecoins, Reports Reuters

Russia should develop its own stablecoins linked to various currencies, according to Osman Kabaloev, Deputy Director of the Financial Policy Department at the Ministry of Finance, as reported by Reuters. His remarks come amid the blocking of Russian-linked stablecoins such as USDT. This refers to the freezing of assets on the Garantex exchange by Tether. […]

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ForkLog 18 15.04.2025

Russia to Establish Registry of Suspicious Crypto Wallets

In 2025, Rosfinmonitoring will launch a registry of suspicious crypto addresses. This information is contained in the technical specifications for the development of the agency’s IT system, posted on the government procurement website. The registry will include data received from banks, tax authorities, law enforcement agencies, and international partners. The initiative aims to combat money […]

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ForkLog 12 15.04.2025

Russia Approves Bitcoin Seizure for State Benefit

Russian authorities have agreed to implement a mechanism for the seizure of cryptocurrency in criminal cases, according to RBC, citing its own sources. Amendments to the Criminal and Criminal Procedure Codes, recognizing digital assets as property, have been approved by the government commission on legislative activities. The document outlines the procedures for investigators and establishes […]

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ForkLog 25 10.04.2025

Russians Cautioned Against Digital Ruble Scam

Experts from F6 have uncovered a fraudulent scheme promising passive income through investments in the digital ruble. The scheme is propagated across several websites, all created using a uniform template and registered between March 18 and April 4. On the webpage, users encounter the digital ruble logo and a chatbot with a “personal manager,” who […]

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ForkLog 128 08.04.2025

VK to Shut Down Loss-Making NFT Platform

Russian social network VKontakte has announced the closure of its VK NFT Hub marketplace due to increasing financial losses, as reported by Cryptonews. Users are advised to transfer assets from the platform to external wallets by April 15 to avoid losing access. After this date, the social network will disable visual indicators on NFT holders’ […]

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ForkLog 22 08.04.2025

Russia Enforces Complete Ban on Cryptocurrency Mining in Southern Irkutsk Region

On April 7th, the Russian government signed a decree imposing a complete ban on cryptocurrency mining in the southern part of the Irkutsk region. This ban will remain in effect until March 15, 2031. The region’s governor, Igor Kobzev, clarified on his Telegram channel that the restrictions apply to 21 districts, the city of Irkutsk, […]

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