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Russian Nationals Indicted for Crypto Mixer Money Laundering Scheme Three Russian citizens have been charged by the U.S. Department of Justice (DOJ) for their alleged involvement in running cryptocurrency mixing services connected to illegal financial operations, including those carried out by North Korean cybercriminals. According to DOJ claims, the defendants, Anton Vyachlavovich Tarasov, Alexander Evgenievich Oleynik, and Roman Vitalyevich Ostapenko, are charged with money laundering in relation to their invo... Coinatory cryptocurrencies news

Russia to Enforce Regional Crypto Mining Restrictions Starting January 2025 A draft resolution proposed by the Russian government would severely restrict cryptocurrency mining in a few areas. The legislation, which targets energy-intensive sectors including mining and mining pool participation, will be in force from January 1, 2025, until March 15, 2031. The prohibition will notably impact Dagestan, Ingushetia, Chechnya, Kabardino-Balkaria, and North Ossetia, according to TASS reports. The Luhansk and Donetsk People'... cryptocurrency news today

The whole situation about Iranian cryptocurrency is very exciting as it sets the new level of adoption of the cryptocurrency in general. This is not the first case when a country issues digital currency, but it seems that Venezuelan Petro failed and PayMan can become the first one to succeed. Donald Trump imposed sanctions on Iran and SWIFT removed all Iranian banks from its system, so the usual banking transactions became impossible. In the middle of 2018, when the situation was still in development, the first steps of switching to the trade in crypto had been already made - Iran negotiated such possibilities with Russia - yet another country under sanctions. By that time, Russia had already prepared MIR cards based on NSPK ... Read more about " Is Iran a Russian proving ground for testing national cryptocurrency idea? " on coinatory.com

Iran, whose economy suffers from international economic sanctions, is discussing the use of its state cryptocurrency in the transactions with eight countries. This is reported by the Tehran Times. Representatives of Iran, in particular, are negotiating with colleagues from Switzerland, South Africa, France, England, Russia, Austria, Germany and Bosnia. According to Mohammad-Reza Modoudi , head of the Iranian Trade Promotion Organization, meetings are held in the hope of attracting foreign investors to the country. At the same time, the question of how Iran will be able to carry out international trade under the pressure of international sanctions restricting access to banking is relevant. According to Modoudi, the key to solving ... Read more about " Iran offers monetary transactions in cryptocurrency to eight countries " on coinatory.com

The dreadful American regulator, the Securities and Exchange Commission (SEC), found itself in the unusual role of a victim. According to the lawsuit, the international criminal group managed to earn more than $ 4 million in securities transactions, thanks to the data stolen from the Commission. This is about hacking Edgar, the Commission"s database containing official information. According to the claimant, hackers illegally gained access to 157 messages from various companies containing information not intended for publication. The data stolen from the regulator was used to obtain unlawful benefits in operations with securities of these companies. SEC estimates the income received in this way at $ 4.1 million. In addition, the ... Read more about " Over $4 million earned on hacked SEC database " on coinatory.com

The trend of creating stablecoins seems to reach Russia. As reported by the news agency "Moskva" the Russian authorities may launch a stablecoin, which will be secured in the form of a fiat ruble. Anatoly Aksakov, the head of the Russian State Duma Committee on the Financial Market, told reporters about this. He stressed that the cryptocurrency should have at least some security, and only in this case it will attract investors. Ruble can be such an asset, which will support the token and ensure its stable exchange rate. Aksakov noted: I am sure that we may have a cryptocurrency, but it will have security. For example, in some bank, a certain amount of money will be placed as a deposit. The bank will be able to issue a certain ... Read more about " Stablecoin, backed by Russian currency " on coinatory.com

RosFinMonitoring reported that digital currencies are often used by criminal communities that sell drugs. It clarifies the TASS with reference to the report of the Ministry, in the years 2017-2018 RosFinMonitoring repeatedly recorded cases of the use of bitcoin in financing the sale and purchase of drugs. In 23 Russian regions, especially large amounts of cryptocurrency in such transactions were noted. Bitcoin and other coins were used not only as means of payment between buyers and sellers of drugs, but also to finance the activities ... Read more about " RosFinMonitoring spoke about the criminal use of Bitcoin " on coinatory.com

Russian police seized all the crypto ATMs of BBFpro, which were located in nine cities. According to the head of BBFpro Artem Bedarev, the company did not receive preliminary inquiries from the prosecutor"s office and even has no idea what happened the crypto ATMs that belonged to the company. However, according to him, one of the police officers said that the check is carried out on behalf of the Prosecutor General"s Office on the basis of a letter from the Bank of Russia (Central Bank). The company had only 22 crypto ATMs located ... Read more about " Crypto regulations, Russian style " on coinatory.com

In Russia, there is a system for buying jet fuel through the blockchain established. It was launched by the operator of the aviation kerosene market Gazpromneft-Aero, the airline S7 Airlines and Alfa-Bank. As reported in the press release on the site of Gazprom Neft, for instant payment of aviation fuel at the time of refueling, smart contracts are used on the Hyperledger blockchain-platform. Refueling is as follows: the airline pre-passes to the fuel company the data on the planned refueling of the future flight, electronic documents ... Read more about " Aviation fuel smart contracts " on coinatory.com

The industrial refinement of blockchain technology using quantum should be completed in 2019. This was announced on Friday by TASS, the head of the quantum communications group of the Russian Quantum Center (RCC) Yury Kurochkin. "It takes about one year to complete the industrial development of the quantum blockchain, which means that the industrial version of the technology is expected in 2019. Last year, we tested the quantum blockchain with Gazprombank, after which we need to develop this software before the industrial implementation, the ... Read more about " Industrial refinement of quantum blockchain in Russia will end in 2019 " on coinatory.com

Cryptocurrencies can help create a new type of business financing and circumvention of sanctions, experts believe the agency interviewed by Prime. Some of them indicated that to open these opportunities, it is necessary to change Russian legislation. On Thursday, during a direct line, Russian President Vladimir Putin said that Russia should carefully analyze and monitor the development of the cryptocurrency in terms of the ability to avoid restrictions in the sphere of international financial activity. The legal status of the ... Read more about " Cryptocurrencies will create a new type of business financing and circumvention of sanctions " on coinatory.com

TGE Company has developed and launched the serial production of the "Reactor" mining platform, which can significantly improve the economic effect of the industrial development of cryptocurrencies. TGE President, Ilya Rashkin, believes that Russia now has all chances to become a global player in securing the world"s blockchain network by developing and manufacturing the first Russian mining equipment. It should be noted that, at the moment, China is the absolute leader in creating infrastructure for mining, and Russia accounts for only 2% of ... Read more about " TGE launched production of industrial miner "Reactor" " on coinatory.com

Participants of the market explained this during the St. Petersburg International Economic Forum. Blockchain technologies and the national cryptocurrency will allow Russia to get a number of advantages in terms of sanctions, experts said on the St. Petersburg International Economic Forum. According to Sergei Zhigarev, Chairman of the State Duma Committee for Economic Policy, Industry, Innovative Development and Entrepreneurship, the blockchain will allow Russia to bypass various sanctions. "The appearance, for example, of the national ... Read more about " National cryptocurrency will give advantages to Russia during sanctions " on coinatory.com

At the end of last year, FAS and Sberbank for the first time in Russia used blockade at an official level. The bank and the department launched a document management system based on the distributed registry. Now the financial organization of German Gref will go further - the largest in Russia bank will hold the ICO educational lecture level Level One. Reported by TASS. ICO in Russia. New era The initial coin offer of Level One tokens, owner of the largest commercial lecture hall in Moscow, will take place before the end of the summer of ... Read more about " Sberbank to hold the first official ICO in Russia " on coinatory.com

The State Duma adopted in the first reading a draft law on digital financial assets. The draft law establishes the concepts of new financial assets created or issued using digital financial technologies. Also, legal conditions are created to attract investments by Russian legal entities and individual entrepreneurs through the release of tokens. These are tools such as cryptocurrency and token. In addition, a new type of contract, signed in electronic form, is legally fixed - a smart contract, the fulfillment of obligations under which ... Read more about " The State Duma of Russia legislatively draws up new financial instruments " on coinatory.com

The debate on whether the sport that uses feet should be known as Soccer or Football has been the subject of debate across the globe for many decades. The Americans have been accused of butchering the sport by calling it Soccer and branding their own NFL as football whereas they hardly use their feet. However, such arguments and feuds will have to undergo a temporary truce during the 2018 FIFA World Cup that is being hosted by Russia. The truce will be possible due to the news coming in that cryptocurrencies payments will be accepted as p ... Read more about " BIG 4 (BTC, ETH, LTC, XRP) ‘To Kick Off’ Russia World Cup 2018 " on coinatory.com