Three People Arrested in Russia for Illegally Trading Bitcoin

Last week, Russian police arrested three men for illegally trading in 500 million rubles worth of bitcoin, or around $9 million worth of the cryptocurrency. Arrests were made approximately 260 miles northeast of Moscow in the city of Kostroma. 

Russia to Ban Selling Bitcoin to Individuals

Russia’s ministry of finance intends to ban selling bitcoins to individuals, the deputy minister of finance Alexei Moiseev stated in his interview with Rossiya-24 news channel.