Yesterday SAP announced “further steps” to “support Ukraine” and “plan Russia exit.” As announced in late March, the global enterprise software giant is in the process of shutting down its cloud services in Russia. As part of this process, “we have given non-sanctioned companies in Russia the choice to have their data deleted, sent to them, or migrated …
Two of Russia’s largest search engines have removed results for Facebook, Instagram and several independent news websites after authorities blocked or declared them “extremist.” Meduza, Mediazona, Deutsche Welle, Current Time, Kholod, The Insider and other news outlets that have been providing independent coverage of Russia’s invasion of Ukraine were also removed from search results. Yandex …
Russian search engines remove “extremist” Instagram, Facebook, independent media results Read More
Russia has arrested the alleged co-founder of dark web platform Hydra a week after U.S. and German authorities said they shut down what they called the world’s largest illegal darknet marketplace. German police said this month it took control of Hydra’s Germany-based servers and seized $25 million in bitcoin assets. The U.S. Justice named Dmitry Pavlov, 30, as the …
Russia arrests alleged co-founder of world’s largest darknet marketplace Read More
TikTok issued an update Tuesday on its efforts to stem the flow of misinformation about Russia’s invasion of Ukraine, but the company doesn’t appear to be effectively implementing its existing policies around the war. The social network cut off new content originating in Russia in early March in response to a harsh new law in the country criminalizing “fake …
Russian state media is still posting to TikTok a month after the app blocked new content Read More
Cryptocurrency mining needs to be regulated “as soon as possible,” Russian Deputy Minister of Energy Evgeniy Grabchak said during Russia’s first national conference of legal bitcoin miners, held recently in Irkutsk. The Siberian oblast, where electricity rates start at just $0.01 per kWh, has been dubbed “the mining capital of Russia” as coin minting in the …
Russian minister calls for urgent legalization of crypto mining Read More
When Russian forces attacked Ukraine last month, the U.S. and its allies imposed strict sanctions on doing business with the eastern power, cutting off more than half of Russia’s high-tech imports and restricting its access to technological inputs. As those sanctions have been added to on a seemingly daily basis, companies have been left to scramble to …
Russian sanctions, soaring VC investment put spotlight on growing compliance tech industry Read More
Financial services firms including those in the cryptoasset sector were warned by Britain’s regulatory bodies on Friday that they were expected to ensure sanctions imposed against entities and individuals in Russia and Belarus were complied with. “We are working closely with partners in government and law enforcement both here and abroad, including regulatory authorities, to …
Cryptoasset sector told by UK regulators to comply with Russian sanctions Read More
Meta’s properties — including Facebook, Instagram and Whatsapp — are likely to cease their activities completely in Russia as the US social media company is now facing a criminal investigation over calls for violence targeting the Russian invaders of Ukraine. “A criminal case has been initiated (…) in connection with illegal calls for murder and …
This Thursday, a Russian military court handed down sentences for terrorism to three teenagers from the Siberian town of Kansk. The boys were arrested in the summer of 2020 for posting leaflets with political slogans on the local FSB building. After searching their phones and uncovering a “plot” to blow up a virtual rendering of …
The Russian government “has determined the future of digital currencies in Russia,” an announcement published late Tuesday stated. The authorities have elaborated a plan to integrate the circulation of cryptocurrencies into Russia’s financial system and to establish control over crypto-related flows in the banking system. Contrasting with the central bank’s recent proposal to impose a ban on crypto trading, investment …
Apple has opened a representative office in Russia, the Russian Internet and Telecom regulator said Friday, becoming the first company to comply with new regulations requiring foreign technology firms to localize their operations in the country. Some 13 foreign technology companies are required to open local offices and fulfill a string of other technical requirements, like …
Global digital giants must go local: Apple opens representative office in Russia Read More
On Monday, Jan. 31, a Moscow court rejected Booking.com’s appeal against a 1.3 billion ruble fine ($17 million at the current exchange rate) in relation with alleged violation of the antimonopoly legislation. While expressing its “disappointment” with the ruling, Booking.com said it intends to pay the fine. The company does not rule out “further legal …
Booking.com to pay 1.3 billion ruble fine over abuse of dominant position Read More
