Censored Russian News Agency Asks For Bitcoin Donations
Independent Russian news organization Meduza has launched a donations page with a bitcoin address after being penalized by the government.The Russian Justice Ministry has added Meduza, one of the country’s leading independent news agencies, to its list of “foreign agent” media outlets, a label that poses a significant threat to the agency’s future, according to a statement published by Meduza’s Editor-in-Chief Ivan Kolpakov.“[By] designating us as foreign agents, the Russian authorities are trying to convince our sources that we are enemies of the state,” Kolpakov explained. “It’s highly....
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Russian authorities have recently labeled one of the leading independent media outlets in the country as a “foreign agent.” Such a maneuver led Meduza to set up a fiat and crypto fundraiser to survive the consequences of labeling. Fund Will Accept Donations in Bitcoin, Ethereum, and Binance Coin According to an editorial statement published by the outlet, the Russian Justice Ministry added Meduza on April 23 to its “foreign agent” media list. It implies that every news piece or social post they do should be accompanied by a message, notifying their readers about its....
Russian independent media Meduza has managed to raise $250,000 in funding in order to continue providing unbiased news on the war in Ukraine. A Russian independent news company has raised more than US$250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propaganda and censorship. Meduza, a Latvian-based Russian-language news site that claims to report on “the real Russia, today” has been asking for donations since March in the form of USD, euros and cryptocurrency, including Bitcoin (BTC), Ethereum (ETH),....
The Inland Revenue Department (IRD) of New Zealand has requested that crypto companies in the country hand over their customers’ personal details, cryptocurrency asset values as well as the type of asset held. According to a September 28 report by Radio New Zealand, the tax agency says it wants to improve its understanding of the digital asset industry “so we can work out how best to help taxpayers meet their income tax obligations.” New Zealand firms might not have legal grounds to refuse the request, says the report. In the island nation, virtual currencies are treated....
A Nigerian protest group called Feminist Coalition is asking well-wishers to make donations via bitcoin after authorities reportedly blocked the organization’s bank account. Feminist Coalition is one of the many groups spearheading protests against alleged police brutality by a Nigerian police unit, the Special Anti-Robbery Squad (SARS). Before the blockade of the bank account, Feminist Coalition says it had used donations raised through the account to fund 90 protests across the country. By closing the bank account, authorities are attempting to suffocate a movement whose success....
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing in fiat currency, the Riga-based website now accepts several digital coins. Meduza Pulls Journalists out of Russia, Seeks Crypto Support The war in Ukraine has affected Russian-language news site Meduza in more than one way, a report by Bloomberg reveals. Soon after the Kremlin launched its....