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ForkLog 12 03.02.2022

Russian energy sector proposes measures to curb illegal mining

The Association of Guaranteed Suppliers and Energy Retail Companies has prepared proposals to curb miners' electricity consumption under residential tariffs. The letter with recommendations was sent to Valery Seleznev, first deputy chairman of the State Duma Committee on Energy.

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ForkLog 12 03.02.2022

Issuer of Nornickel tokens has received a Bank of Russia license

The Russian blockchain platform Atomyze has received from the Bank of Russia the status of operator of an information system for managing digital financial assets.

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ForkLog 7 03.02.2022

In Volgograd, sauna owner ordered to pay 4.5 million rubles for cryptocurrency mining

The Traktorozavodsky District Court in Volgograd ordered the sauna owner to pay about 4.5 million rubles for electricity consumed without metering to mine cryptocurrency.

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ForkLog 13 03.02.2022

Chamber of Commerce and Industry proposes classifying mining as entrepreneurial activity

The head of the Russian Chamber of Commerce and Industry (RCCI) Sergey Katyrin proposed to treat cryptocurrency mining as entrepreneurial activity. He sent the corresponding letter to Finance Minister Anton Siluanov, according to TASS.

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ForkLog 12 02.02.2022

Residential electricity consumption in Irkutsk Oblast quadrupled in 2021 due to miners

Due to the so-called 'grey' mining, last year residential electricity consumption in Irkutsk Oblast rose fourfold compared with 2020, said Evgeny Vechkanov, director of development and technological connections at the Irkutsk Electric Grid Company.

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ForkLog 6 02.02.2022

Demand for mining equipment in Russia falls after central bank report

In January, sellers of mining equipment in Russia reported a drop in demand from buyers, linking it to the central bank's latest report proposing a ban on cryptocurrencies in the country.

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ForkLog 7 02.02.2022

Russian authorities weigh regulation of metaverses

One of Roskomnadzor's structures has begun studying the opportunities and risks of metaverses and announced the need to regulate them.

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ForkLog 10 01.02.2022

Media: Russian authorities value citizens’ cryptocurrency holdings at more than $214 billion

Residents of Russia hold cryptocurrencies worth more than 16.5 trillion rubles ($214 billion at the time of writing), Bloomberg reports. According to the publication, authorities allegedly rely on this estimate in drafting plans to regulate the sector.

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ForkLog 12 01.02.2022

Nornickel palladium fund launches world’s first ETC on a basket of metals for electric vehicles

A palladium fund established by Nornickel has launched an ETC backed by metals needed for electric-vehicle production.

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ForkLog 9 01.02.2022

Moscow’s ground transport to be equipped with Face Pay

In 2023, the Moscow Central Diameters (MCD) and the capital's surface transport will be equipped with the Face Pay biometric payment system. Deputy Mayor for Transport Maxim Liksutov announced this.

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ForkLog 8 01.02.2022

Russian Finance Ministry Flags Risks in DeFi Development

The Russian Finance Ministry is watching the development of the decentralised finance (DeFi) sector with concern, as it is associated with significant risks due to the lack of proper regulatory oversight. This was stated by Deputy Finance Minister Alexey Moiseev to Interfax.

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ForkLog 9 01.02.2022

Media: Russian government orders mining to be included in cryptocurrency-regulation roadmap

Deputy Prime Minister Dmitry Chernyshenko has instructed that the roadmap for regulating the crypto industry include questions related to the legal status of mining. A government-source told Izvestiya.

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