Russia | ForkLog

ForkLog 25 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 22 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 36 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 151 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 25 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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ForkLog 20 07.04.2025

Russians Triple Their Investments in Cryptocurrencies

Residents of Russia have tripled their investments in cryptocurrencies over the past three years, according to Rossiyskaya Gazeta, citing data from the central bank. In 2022, the median investment in digital assets per household was 18,000 rubles, which increased to 45,000 rubles in 2024. The average investment in cryptocurrencies over three years decreased from 245,000 […]

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ForkLog 75 07.04.2025

Who is behind BestChange? The developer on anonymity, government requests and top assets

For all of BestChange’s 18-year history, the creator of the crypto-exchanger monitor stayed out of the limelight. This is the first public interview with Denis Malkov. In a conversation with ForkLog, the developer spoke about a cyberattack on his first exchange and competition with other aggregators. We asked which coins are most popular with BestChange […]

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ForkLog 19 03.04.2025

Russia Considers Confiscating Bitcoin for State Revenue

The Federal Bailiff Service of Russia (FSSP) is developing a mechanism for confiscating bitcoins to transfer them to state revenue. This was announced by the head of the department, Dmitry Aristov. He emphasized that the methodology for seizing cryptocurrencies is being developed based on a real criminal case, and digital gold is considered a “problematic […]

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ForkLog 21 01.04.2025

Counterfeit Smartphones with Cryptocurrency-Stealing Malware Emerge in Unofficial Stores

Kaspersky Lab has issued a warning about counterfeit models of popular Android smartphones appearing in unofficial online stores. These devices are infected with a new version of the Triada trojan, posing a threat to user security. The company’s statement was reported by RBC. The malware is embedded in the device’s firmware, allowing it to control […]

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ForkLog 28 24.03.2025

Sberbank to Launch Pilot Project with Digital Financial Assets in 2025

Russia’s Sberbank plans to test mechanisms for the secondary market of digital financial assets (DFA) on its platform in the second quarter of 2025, according to a report by Interfax citing a statement from the bank. The pilot project will be trialed on the DFA of the infrastructure holding company “Natsproektstroy.” According to Sergey Popov, […]

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ForkLog 51 24.03.2025

Mining Ban in Russia Reduces Energy Consumption by 300 MW

Restrictions on cryptocurrency mining in several Russian regions have led to an average reduction in energy consumption of 300 MW. This was reported by Kommersant, citing data from the Ministry of Energy. The largest reduction—320 MW—occurred in Siberian regions: parts of the Irkutsk region, Buryatia, and the Trans-Baikal Territory. According to ministry representatives, the mining […]

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ForkLog 22 21.03.2025

Bank of Russia Proposes Restrictions on Cryptocurrency Transactions Outside Experimental Legal Regimes

The Bank of Russia has proposed banning the use of cryptocurrencies for transactions between residents outside experimental legal regimes (ELR). This was reported by RBC, citing a statement from the head of the regulator, Elvira Nabiullina. The central bank believes that digital assets should not be used as a means of payment. They suggested introducing […]

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