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Russian president calls for tighter cross-border cryptocurrency transaction regulation
The President of Russia ordered the Prosecutor General's Office and Russian financial watchdog to take measures to suppress the illegal cross-border movement of funds and digital financial assets, which, according to Vladimir Putin, are used for these purposes. дальше »
2021-3-26 21:00 | |
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Russia’s Largest State-Owned Bank, Sberbank, Announces Plans To Launch Its Digital Token
Sberbank, a state-owned Russian financial and banking institution, announces plans to launch its digital token, Sbercoin. This comes a month before the draconian crypto laws, passed by Parliament and signed into law by President Putin, go into effect in January 2021. дальше »
2020-12-1 17:29 | |
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Russia's Sberbank plans release of its own crypto token, the 'Sbercoin'
With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act.
дальше »2020-12-1 22:29 | |
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Russia Proposes Tax Code Changes; Digital Financial Assets to be Classified as Property
The prime minister of Russia, Mikhail Mishustin, has said that the government is considering categorizing digital financial assets (DFA) as a form of property. Mikhail, who was speaking at a recent Russian government session, noted that the authorities intend to forge a path for a civilized local crypto market. дальше »
2020-11-27 17:22 | |
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Russia proposes amendments to its tax law to clarify crypto regulation
The Russian Ministry of Finance intends to make amendments to its tax law in a bid to clarify regulations surrounding crypto taxation. The ministry unveiled this news on November 11 through an article, noting that the proposed changes are necessary for the implementation of the rules embedded in the law on digital financial assets and digital currencies, which the country adopted in the summer of 2020. дальше »
2020-11-14 16:47 | |
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Russian Central Bank launches public consultations on digital ruble
The Russian central bank started a series of public consultations to explore the prospects for digital ruble. The discussion with commercial banks and financial organizations will run until December 31, 2020. дальше »
2020-10-18 17:35 | |
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Russia’s New Amendment On Crypto Laws Could See Bitcoin Miners Lose All Their Rewards
As first reported by a Russian news outlet, Izvestia, the Ministry of Finance in Russia, is proposing an amendment to the federal law on digital financial assets (DFA) that could see Bitcoin miners receive no rewards on their efforts. дальше »
2020-9-5 18:37 | |
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Russian Monitoring Agency Develops Blockchain Analysis Tool To Track Bitcoin And Monero
A report from local news channel RBC confirmed on Tuesday Russian intelligence unit, Rosfinmonitoring, (Russia’s Federal Financial Monitoring Service), has proposed a cryptocurrency monitoring tool similar to U. дальше »
2020-8-11 21:18 | |
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Largest Russian commercial bank thinks about issuing digital ruble in 2021
Sberbank may issue a digital token pegged to the Russian ruble for settlements on transactions with digital financial assets. The decision will be made closer to 2021, when the cryptocurrency legislation will come into force in Russia. дальше »
2020-8-9 16:59 | |
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New Russian Law Bans Bitcoin Payments for Goods and Services
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. дальше »
2020-7-24 04:30 | |
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Russia Legalizes Cryptocurrencies for Savings and Speculation But Bans Use as Payment
Russian lawmakers passed a bill on Wednesday that gives cryptocurrencies legal status but, at the same time, banned them from being used as a means of payment. Duma, the lower house of parliament, approved the bill on digital financial assets in the third and final reading. дальше »
2020-7-24 18:39 | |
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Russia to ban bitcoin payments from 2021
The Russian parliament adopted a bill on digital financial assets, which contains a clause prohibiting payments for goods and services in cryptocurrencies. However, it is officially allowed to own and buy cryptocurrency and blockchain tokens. дальше »
2020-7-26 00:08 | |
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Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now
Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative and criminal liability for dealing in bitcoin (BTC). дальше »
2020-7-21 05:30 | |
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Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion. дальше »
2020-6-4 00:02 | |
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Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners
The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated. дальше »
2020-4-5 09:45 | |
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Central Bank of Russia Continues to Fight Against the Legal Use of Cryptocurrencies
While the Russian Ministry of Finance seeks to complete the project of the Bill “On Digital Financial Assets” (CFA) presented on February 25, 2018, The Central Bank of Russia hinders all its efforts to regulate cryptocurrencies, seeing them as an unjustified risk. дальше »
2020-3-18 18:34 | |
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Cryptocurrencies may be banned in Russia
The new version of the bill on digital financial assets contains a ban on the issuance and legal use of cryptocurrencies in Russian jurisdiction. The head of the legal department of the Central Bank of the Russian Federation, Alexey Guznov, shared information on a bill being prepared in the government, the adoption of which will […] дальше »
2020-3-17 20:08 | |
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Russian Central Bank reports boom of cryptocurrency and ordinary Ponzi schemes
In 2019, the Bank of Russia discovered 237 financial Ponzi schemes that operated on the territory of Russia. Many of them promised high returns and encouraged investing in cryptocurrencies. дальше »
2020-2-7 15:13 | |
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Avelacom and Gemini Partner to Deepens Its Roots in Crypto to Use Its Equinix’s NY5 Data Center
Avelacom’s foray into the digital asset industry is growing as Gemini Trust Company becomes the latest recruit into its crypto exchange tech vendors. Gemini, a cryptocurrency exchange and custodian, joins Equinix’s NY5 data center. дальше »
2019-7-19 18:56 | |
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Russia Has No Plan To Legalize Facebook's Libra Cryptocurrency
Chairman of the Russian State Duma Committee on Financial Market Anatoly Aksakov says the country will not legalize the use of Facebook's Libra despite recent bills meant to loosen the grip on the use of cryptocurrency. дальше »
2019-6-20 00:02 | |
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Russia Contemplates Ban on Mining Public Blockchain Tokens
In an interview with a Russian media outlet, Chairman of the State Duma Committee on Financial Markets, Anatomy Aksakov, revealed that Russian lawmakers might potentially introduce a penalty for mining cryptocurrency on an open blockchain, as reported by Finance Feeds on June 10, 2019. дальше »
2019-6-11 19:00 | |
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Russia: Holding Bitcoin is Okay, But Using and Mining It Isn’t
The Duma (parliament) representative in Russia may finally have given some clarity on cryptocurrencies, albeit inadvertently. While announcing potential fines for miners, it stated that owning bitcoin was possible. дальше »
2019-6-10 12:00 | |
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Judge Encourages “Digital Assets” to Be Included with Russian Civil Law
A judge and a local official spoke in favor of including the term “digital assets” in Russian Civil Law. Russia has still not established clear cryptocurrency legislation, due to delays regarding the terminology involved. дальше »
2019-6-5 12:57 | |
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Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency
Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. дальше »
2019-5-23 20:00 | |
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Bitcoin Can Wreak Havoc by ‘Ruining’ Governments: Senior Russian Official
By CCN: A top official with Russia’s State Duma (the Russian Parliament) warned that bitcoin has the capacity to ruin governments because it could facilitate the offshoring of massive amounts of money. дальше »
2019-5-21 20:25 | |
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Kremlin Makes Bold Claims About Possible Russian Gold Coin Claims, But Bitcoin Would Win Out
While Bitcoin $BTC is doing is normal dancing in the charts today, in recent years, Russia has become the largest buyer of gold in the world. They’ve purchased 4x more gold in the last year then they held in their reserves. дальше »
2019-4-12 07:05 | |
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How this fintech company got Russia’s first banking license in 4 years
The Russian Federation doesn’t exactly scream friendliness when it comes to financial innovation, but appears to be making an exception for a company called Bank 131. At a time when Russia is taking away banking licenses, this fintech business is the first to receive a license in four years. дальше »
2019-4-12 02:13 | |
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Russia Postpones Parliamentary Reading of Crypto Regulation Bill
The Russian Duma has pushed back its planned consideration of a bill to recognize and regulate digital financial assets. Initially scheduled for March 22, the reading will now hold at an unspecified date in April, following the outcome of a vote on the agenda for a plenary session last week. дальше »
2019-3-25 23:32 | |
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State Duma of the Russian Federation Postpones Financial Bill on Digital Assets
According to the local media outlet TASS, the State Duma of the Russian Federation decided to postpone the consideration of the bill “On Digital Financial Assets. ” The consideration will be taking place as soon as April 2019. дальше »
2019-3-24 22:13 | |
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Russian State Duma Defers Consideration of Bill on Digital Financial Assets
Russia’s parliament has postponed consideration of the bill “On Digital Financial Assets” for April 2019
дальше »2019-3-23 03:15 | |
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US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro
The U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The Russian bank was allegedly involved in Venezuela’s attempts to bypass financial sanctions using the petro. дальше »
2019-3-14 19:45 | |
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Fuck Aladdin, CRYPTO is the only live action film we want to see
Fuck, it’s real. The official trailer for CRYPTO, Hollywood‘s attempt at a cryptocurrency movie, has finally dropped. Fuck fuck fuck fuck. CRYPTO (somehow) stars Kurt Russell, Luke Hemsworth, and Alexis Bledel. дальше »
2019-3-12 19:44 | |
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Kaspersky: Bitcoin Needs Less Government Control and More Collaboration
Russian cybersecurity expert Eugene Kaspersky has said cryptocurrencies can be a success, but only if governments stop trying to control them or alternatively when all countries unite under a single global government. дальше »
2019-3-7 04:11 | |
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Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »
2019-2-6 10:15 | |
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Xapo Transfers Key Operations to Switzerland
Global crypto services provider Xapo is moving major operations from its base in Hong Kong to its office in Switzerland. The company is incorporated in the Asian financial hub but that may also change soon due to the friendlier business environment in the Alpine nation. дальше »
2019-1-22 22:55 | |
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Russian Gov’t Official Claims ‘CryptoRuble’ Coming Within 2 To 3 Years
Cryptoruble Coming Soon According to a Russian Official, a cryptocurrency version of the Russian Ruble will be coming in the next 2 to 3 years. The Discussion This came during an interview on local news show RIO Novositi where Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the […] дальше »
2019-1-16 23:07 | |
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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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New Russian MP Bill to Ban Suspicious Financial Websites, Eyes ICO Projects Next
The importance of a robust set of laws to cover the budding cryosphere, particularly vulnerable is the ICO sector, has had a growing voice especially in the last year or so. Now governments are taking note and acting upon it. дальше »
2018-12-13 06:43 | |
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A Russian Stablecoin Would Be The Equivalent To Fiat Ruble In Digital Space, State Duma Chairman Affirms
Anatoly Aksakov, the chairman of Russia’s State Duma Committee on Financial Markets, has affirmed that a state-backed stablecoin would necessarily be the equivalent to a digital fiat currency in digital space that would be state-operated. дальше »
2018-12-4 11:00 | |
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