April 26, 2024

US creates blacklist of Russian miners

US creates blacklist of Russian miners

On April 20, the US Treasury set its sights on the Russian cryptocurrency mining industry.

Office of Controlforeign assets, the US Department of the Treasury added the Russian cryptocurrency mining company BitRiver, as well as 10 subsidiaries, to the black list.

The move is indicative of a broader crackdown on Russian companies, although no specific connection between BitRiver and the country's president was made.

«By operating vast server farms that sell virtual currency mining power internationally, these companies are helping Russia monetize its natural resources, the Ministry of Finance said in a statement.

The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to compensate for the severity of sanctions.

As you know, in February, BitRiver announced that it had become the first Russian company with a zero carbon footprint.

At the beginning of this year, the Central Bank of the Russian Federation issued ainitiative to ban cryptocurrency mining in the country, but President Putin did not support this idea, considering regulation and taxation more reasonable.

Russia is currently the third largest bitcoin miner after the US and Kazakhstan.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest crypto exchange in the world is Binance. The platform supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 AAX https://aax.com 7.2
4 Exmo https://exmo.me 6.9
5 Bybit https://bybit.com 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services— futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.

US creates blacklist of Russian miners

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