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Russian Minister of Justice: Cryptocurrency Doesn’t Yet Need to Be Legally Defined
Answering a top official’s questions on delays in releasing crypto regulation in Russia, the country’s Minister of Justice said that the concept of crypto doesn’t need legislation at this point
дальше »2019-2-15 21:19 | |
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Russia Has Plans To Cut Country Off From The Internet In Emergencies: How Would Cryptos Fare?
Russia Has Plans To Cut Country Off From The Internet In Emergencies, Would Cryptos Fork? Russia has a very ambitious plan: to be able to cut the country completely off the international internet and still have the local internet running. дальше »
2019-2-14 23:26 | |
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Russia to Test Cutting Off From the Internet, Will Cryptos Fork?
Russia is passing a law to set up systems that will allow them to form a Russia wide intranet that can keep running in the country in case they need... The post Russia to Test Cutting Off From the Internet, Will Cryptos Fork? appeared first on Trustnodes. дальше »
2019-2-13 20:19 | |
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Iran releases gold-backed cryptocurrency
Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »
2019-2-8 17:22 | |
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Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds
At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. дальше »
2019-2-1 19:48 | |
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Russia May Sanction Facebook And Twitter For Processing User Data Outside The Country
Russia’s internet regulator/censor claims Twitter and Facebook haven’t been processing Russian users’ data inside the country. That would be a violation of a 2015 law that blockchain advocates should be paying attention to. дальше »
2019-1-22 01:05 | |
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‘Unlikely in Next 30 Years’ – Russian Official Dispels Bitcoin Investment Rumor
Elina Sidorenko, head of the Legislative Risk Assessment Group in Russia, says there is no merit to rumors that the country will invest as much as $10 billion in bitcoin. Russia: Cryptocurrency Framework Not Yet in Place Speaking to Forklog, Sidorenko said the country doesn’t yet have the regulatory structure to invest state funds in cryptocurrencies. дальше »
2019-1-17 17:00 | |
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Russia Declines to Use Venezuela’s Petro Crypto Coin, Proposes to Help the Country Without it
Although Russia acknowledges the efforts that Venezuela has made to create Petro, an oil-backed coin, to deal with the U. S. sanctions and inflation, it has said that it’s not ready to use it in bilateral trade but would continue supporting Venezuela. дальше »
2019-1-15 00:05 | |
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Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It
Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the oil-backed coin in bilateral trade. дальше »
2019-1-14 23:00 | |
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China’s moon landing could launch a new space race
China became the third country to land a probe on the Moon on January 2. But, more importantly, it became the first to do so on the far side of the moon — often called the dark side. The ability to land on the far side of the moon is a technical achievement in its own right, one that neither Russia nor the United States has pursued. дальше »
2019-1-13 12:30 | |
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Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit
A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. дальше »
2019-1-12 08:05 | |
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Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies
An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. дальше »
2019-1-9 06:10 | |
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Russian Parliament Postpones Adoption of Digital Assets Bill
The State Duma, the lower house of Russia’s parliament, has postponed the second reading of a long-awaited bill intended to regulate cryptocurrencies in the country. Lawmakers will review the draft law “On Digital Financial Assets” during the spring parliamentary session next year, the house deputy speaker Sergey Neverov announced. дальше »
2018-12-20 21:00 | |
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The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets
In this edition of The Daily, Coinbase customers in certain regions can now link their Paypal accounts to withdraw fiat and sell cryptocurrencies. Also, Russia’s third-largest bank is working to launch a digital asset management service in Switzerland, and Koinex, India’s leading crypto exchange, has set up a new development center in Bengaluru, the country’s […] The post The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets appeared first on Bitcoin News. дальше »
2018-12-7 17:15 | |
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Russia’s ‘On Digital Financial Assets’ Crypto Regulation Draft Bill Requires Significant Changes
Major Changes Needed For Russia’s Crypto Draft Bill, Resulting In Regression To Reading Stage The Russian government has been working to make their country welcoming to cryptocurrency, establishing a draft bill called “On Digital Financial Assets. дальше »
2018-12-3 04:16 | |
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Russia’s Financial Watchdog to Oversee the Cryptocurrency Industry
Russia’s Federal Financial Monitoring Service has revealed that it will regulate cryptocurrency-related transactions in the country, with a senior official saying that the agency will also oversee the broader cryptocurrency industry, in accordance with recommendations issued by the Financial Action Task Force (FATF). дальше »
2018-10-30 20:00 | |
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LocalBitcoins Volumes Are Dominated by Russia and Venezuela, New Data Finds
LocalBitcoins is a good yardstick for measuring bitcoin usage on a country by country basis. A new analysis dives deeper than ever before into the data, considering metrics that have previously been overlooked. дальше »
2018-10-28 16:00 | |
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Russia Central Bank Head: Cryptocurrency Craze Is ‘Fortunately Fading Away’
The head of Russia’s central bank has announced the “cryptocurrency craze” is “starting to fade away” – and that this is a “fortunate” event. Nabiullina: Businesses Taking ‘Sober Approach’ To Blockchain Speaking during the country’s fourth FINOPOLIS innovative financial technology forum in Sochi October 17, Bank of Russia’s Elvira Nabiullina signaled a change in the stance of “businesses” towards technologies such as Blockchain and ICOs. дальше »
2018-10-18 15:00 | |
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U.S. Court Alleges Russia Used Bitcoin to Fund Illegal Activities
A U. S. Justice Department indictment against seven Russian officers on Oct. 5, 2018, revealed the country allegedly used Bitcoin to fund illegal interests in the States, reported MarketWatch. As per the indictment, several shell companies and individuals in the U. дальше »
2018-10-6 10:00 | |
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U.S. and Russian Authorities Both Looking at Crypto Regulations and Adoption
Bankers in Russia are now claiming that there is a strong demand for cryptocurrencies in the country. At the same time, Washington is looking into new regulations for the cryptocurrency segment. дальше »
2018-9-26 12:49 | |
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The Daily: Binance Tests Fiat Exchange, Russians Mull Crypto Platforms
Binance, the leading cryptocurrency exchange, has announced it will start testing a fiat-to-crypto currency trading platform in Singapore and we’ve got the story in Sunday’s edition of The Daily. Also, two islands in Russia are competing to host the country’s first regulated exchange, and the ECB says Europe doesn’t need a central bank issued crypto. дальше »
2018-9-16 15:28 | |
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Denmark’s Largest Bank May Have Facilitated up to $150 Billion in Money Laundering
Companies from Russia and other parts of the former Soviet Union have apparently turned the small country of Estonia into a massive money laundering haven. An investigation into the Estonian branch of Denmark’s largest bank is examining up to $150 billion which may have been involved. дальше »
2018-9-10 23:55 | |
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Confiscation of Bitcoin ATMs in Russia Leads to Outcry from Local Operator
A Russian cryptocurrency company is fighting back against Russian authorities who, according to the company, illegally seized twenty-two Bitcoin ATMs operating throughout the country. Details of the Seizure BBFpro, a Russian company that services Bitcoin ATMs in Russia, is not experiencing the best of times, as Russian authorities have seized twenty-two of its ATMs. дальше »
2018-9-5 23:47 | |
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Russian Police Seize 22 Cryptocurrency ATMs in 9 Cities
Law enforcement officials in Russia have seized 22 BATMs installed at stores and restaurants in 9 different cities. The confiscation has been carried out on orders from the Prosecutor’s Office and the Central Bank, local media reported. дальше »
2018-9-2 04:50 | |
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Russia’s Interior Ministry Looking to Criminalize Unregistered Crypto Activity
Russia’s Ministry of Internal Affairs is considering establishing criminal liability for unregistered crypto operations. According to a report dated August 23, 2018, the head of Russia’s Main Directorate for Drug Trafficking, Andrey Khrapov, has asked the country’s legislators to require that all cryptocurrency transactions exceeding 600,000 rubles (around USD 9000) be registered with or monitored by Russian authorities. дальше »
2018-8-30 17:00 | |
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The Daily: India to Become Blockchain Leader, Coinfloor Granted Gibraltar License
A recent study indicates that the blockchain craze isn’t dying out yet. Buoyed by its findings, media and experts in India have commented that the country can become one of the leaders in the field. дальше »
2018-8-29 14:55 | |
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Russia Wants To Make It Mandatory For Crypto Users To Report Transactions
If Andrey Khaprov succeeds in his bid, Russians will soon be forced to report any crypto transactions exceeding 600,000 Russian rubles (roughly $9,000). Andrey is the country’s head of Main Directorate for Drug Trafficking. дальше »
2018-8-28 19:06 | |
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The Daily: China Escalates Crackdown, Russia Chases Shadows, UK Warns of Scams
Following the closing of social media accounts of crypto news organizations and after forbidding hotels from hosting crypto-related events, China has turned its attention to banning payments to trading platforms based outside the country. дальше »
2018-8-25 14:05 | |
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Russian Company Opens Country’s Largest Crypto Mining Farm in a Former Soviet Union Fertilizer Lab
On August 20th, a Russian company is reported to have opened Russia’s largest crypto mining farm in a former Soviet Union fertilizer laboratory. The former lab was said to have been unoccupied for 20 years and covers 44,000 square feet. дальше »
2018-8-21 21:20 | |
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India will launch its first crewed space mission by 2022
Addressing the nation on its 72nd Independence Day, Indian Prime Minister Narendra Modi announced that the country will send an Indian astronaut to space by 2022. That’s big, because if India can make its Mission Gaganyaan happen, it will become one of the only countries in the world – along with the US, Russia, and China – to have pulled off a crewed space mission. дальше »
2018-8-15 10:25 | |
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New Survey: Less Than Half of Russians Know What Cryptocurrencies Are
Despite the growing popularity of cryptocurrencies, there are still a significant number of people globally who are unfamiliar with the new asset class. A recent survey carried out in Russia has shed some light on the level of cryptocurrency awareness in the country. дальше »
2018-8-9 05:29 | |
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New Survey: Less Than Half of Russians Know What Cryptocurrencies Are
Despite the growing popularity of cryptocurrencies, there are still a significant number of people globally who are unfamiliar with the new asset class. A recent survey carried out in Russia has shed some light on the level of cryptocurrency awareness in the country. дальше »
2018-8-9 00:20 | |
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Russia Reports 15% Increase in Number of Crypto Mining Companies
The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year. дальше »
2018-8-2 02:50 | |
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Central Bank of Russia Identifies ‘Dozens’ of Fraudulent Cryptocurrency Schemes
Russia’s First Bank Attempting To End Fraud In The Cryptocurrency Sector Of The Country As it turns out cryptocurrency isn't going as smooth and Russia it as it has been in the United States. The former Soviet Union country, who actively participates in cryptocurrency, is having major issues with pyramid schemes and Ponzi stealing money […] дальше »
2018-7-31 11:05 | |
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Rep. Jeb Hensarling Today At CNBC’s Capital Exchange Event – We Will Never Be Greece, But We Are On Trajectory Towards Second-Class Country Status
CNBC’s Kayla Tausche Speaks With Rep. Jeb Hensarling Today At CNBC’s Capital Exchange Event WHEN: Today, Wednesday, July 25th WHERE: CNBC’s Capital Exchange event in Washington D. C. Know more about Russia than your friends: Get our free ebook on how the Soviet Union became Putin’s Russia. дальше »
2018-7-26 14:30 | |
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G20 Economics Group Want To See Worldwide Cryptocurrency Regulation
G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union. дальше »
2018-7-16 18:30 | |
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Russian Payment Provider ‘Qiwi’ Launches First Crypto Investment Bank
Qiwi has strengthened its position as the largest e-payments service provider in Russia, after launching the country’s first crypto investment Bank, HASH. Keying into the booming crypto market, HASH will provide advice to investors and also help interested companies to convert their assets to tokens. дальше »
2018-6-30 19:15 | |
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Media: Payments Provider Qiwi Launches Russia’s ‘First’ Crypto Investment Bank
Subsidiary of Russian payment service provider Qiwi has launched the first crypto investment bank in the country to manage ICOs, according to local reports
дальше »2018-6-30 15:32 | |
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Russia’s Greatest Installments Framework Qiwi to Open Crypto-Investment Bank
QBT, a daughter company of Russia’s largest electronic payments system Qiwi, announced it will launch the country’s first ever cryptocurrency investment bank. The project will be based on the classical investment bank model but will operate on global cryptocurrency markets. дальше »
2018-6-30 07:33 | |
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Russia’s Biggest Payments System Qiwi to Open Crypto-Investment Bank
QBT, a daughter company of Russia’s largest electronic payments system Qiwi, announced it will launch the country’s first ever cryptocurrency investment bank. Russia’s First Cryptocurrency Investment Bank The new company — which will operate under the brand-name HASH — will be registered in Russia, reports Russian news outlet Kommersant. дальше »
2018-6-30 05:00 | |
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Russia May Not Have Cryptocurrency Law before Autumn, Senior Official Says
The Russian government may postpone the adoption of cryptocurrency legislation until the autumn as lawmakers do not want to decide in haste on issues that may affect both the economic and technological development of the country. дальше »
2018-6-29 14:01 | |
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Money Laundering Worries in Lithuania caused by the Roaring Cryptocurrency Market
Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground. Pushback Against Illegal Money from Russia According to a report on Politico, Marius Jurgilas – a board member of the Bank of Lithuania – discussed concerns that the Baltic state has with money pouring дальше »
2018-6-26 09:18 | |
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Lithuania’s Strong Cryptocurrency Market Raises Money Laundering Concerns
The northeastern European country of Lithuania has experienced a boom in cryptocurrency that has been supported by a liberal approach towards regulations in the space. Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground. дальше »
2018-6-26 05:00 | |
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Strong Demand for Crypto Experts on the Russian Labor Market
Statistics from leading job search platforms indicate that the demand for cryptocurrency and blockchain specialists in Russia remains strong. Most employers offering these vacancies are either IT companies or banks. дальше »
2018-6-19 03:10 | |
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New Russian Draft Laws Erases Crypto Related Terms
A report from Kommersant, a local Russian outlet reveals that Anatoly Aksakov, the head of Russia’s State Duma Financial Market Committee explained that crucial changes will be made in the Country’s draft laws which is meant to regulate Cryptocurrency in Russia. дальше »
2018-6-16 11:45 | |
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Russia to Tax Declared Crypto Incomes
Taxes Taxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. Taxpayers must declare their tax obligations no later than April 30 of the year following the taxation period, the Service reminded. The tax base for crypto transactions дальше »
2018-6-15 11:08 | |
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