Cryptocurrencies, even a Russian mining company in the crosshairs of US sanctions

The US government is also considering including a cryptocurrency mining company in the new list of about forty Russian entities and individuals subject to sanctions. Bitriver and 10 of its subsidiaries in Russia will be affected. As a spokesman for the Treasury pointed out. it is the first time that the US administration has accused a company that deals with virtual currencies. Founded in 2017 by Russian businessman Igor Runets, Bitriver has moved its headquarters from Moscow to Zurich, but still has over 200 staff members working on Russian markets.