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The Use Of Cryptocurrencies Will No Longer Be Criminalized In Russia
The Russian cryptocurrency ecosystem is gleefully celebrating a newly achieved milestone as lawmakers in Russia passed the bill that has now decriminalized the use and of digital currencies in the country. дальше »
2020-7-23 14:53 | |
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Manhunt in Europe! Germany on the Chase of Wirecard’s Jan Marsalek, Russia’s GRU Allegedly Hiding Him, Bitcoined “From Dubai to Russia”
‘World’s most wanted man’ was the opening of an investigative report by Bellingcat which claims to use digital data to piece together events. The report published this Saturday says Jan... дальше »
2020-7-20 23:52 | |
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Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market
Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market. дальше »
2020-6-12 22:05 | |
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Bitfury and Kaspersky Have Reportedly Partnered to Build Russia’s Next Public Voting System
Political and public consensus voting has a huge potential use case for blockchain technology, ever since the latter’s rise in popularity. Several governments around the world have tested or are testing voting via blockchain systems, with Russia the latest to join the fold. дальше »
2020-6-11 01:07 | |
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Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto Use
Sberbank, Russia’s largest bank, is buying more contactless ATMs that are powered by blockchain, according to local news agency Izvestia. Interestingly, the move comes amid a proposed bill to penalize individuals and companies that use crypto and Bitcoin in financial transactions. дальше »
2020-5-26 20:30 | |
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Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison and fines of up to $7,000 for […] The post Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail appeared first on Bitcoin News. дальше »
2020-5-24 04:05 | |
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Russian Government Set to Impose Fines and Imprisonment for Illegal Crypto Activities
The crypto landscape in Russia may soon be facing harsh laws as authorities have proposed new draft bills that seek to fine and imprison the illegal use of cryptocurrencies in the country. Crypto Violations Attract $28,000 Fine and 7 Years Imprisonment According to a report by the local news outlet RBC on Thursday (May 21,Read MoreRead More. дальше »
2020-5-23 16:00 | |
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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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Tether (USDT) is King, Used for Remittance By Chinese Importers
Tether (USDT) use, has been synonymous with institutional investors but is has a growing market in Russia. At least that is what we can glean from recent reports. The stablecoin, ranked as the seventh largest... дальше »
2019-7-30 20:20 | |
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СМИ: миллионы рублей ежедневно переводят из России в Китай при помощи Tether
Многие китайские бизнесмены, работающие в России, выбирают Tether для перевода заработанных средств в КНР. Суточный объем закупок USDT на рынке для проведения соответствующих операций варьируется от $10 до $30 млн. дальше »
2019-7-30 09:20 | |
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In a bid to avoid US sanctions, Iran sought solace in Bitcoin and blockchain?
Several countries across the world have joined the Bitcoin and cryptocurrency bandwagon, either in full or partial capacity. China, Russia, and Iran have made news in the cryptocurrency industry either due to positive adoption or because of integrating the ingrained technology for their own use cases. дальше »
2019-7-14 22:00 | |
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Indonesia, Russia, Philippines and India among countries whose citizens actively support budding crypto-projects
Although cryptos are enjoying much needed mainstream attention these days, its use on a global scale is speculated to be led only by a handful of nations. Recent research conducted by EVEN Foundation is aimed at uncovering crypto’s potential users and the current reach of the crypto-market. дальше »
2019-6-21 02:30 | |
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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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Crypto Could Help Russia Escape US Sanctions as Country Looks to Gold-Backed Crypto Asset
The use and prevalence of cryptocurrency have led to a number of disruptions within the global economic system such as many large firms being forced to finally adopt crypto, many major retailers finally accepting cryptocurrency and the general public beginning to question the traditional economic structures that have existed until now. One of the latest […] дальше »
2019-6-17 17:07 | |
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Russian Gold-Backed Crypto Slams the Global US Dollar Standard
By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard. дальше »
2019-6-17 15:17 | |
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Bank of Russia: We are Opposed to Crypto, But May Consider Gold-Backed Digi-Asset
According to local news publication TASS, the Bank of Russia will consider a gold-backed digital currency for use in international settlements. However, the institution remains opposed to truly decentralised crypto assets. дальше »
2019-5-24 02:00 | |
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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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Venezuela Turns to Crypto and Rubles to Bypass US Sanctions
Coinspeaker Venezuela Turns to Crypto and Rubles to Bypass US SanctionsVenezuela and Russia are discussing an option to use the Ruble and the Petro in their mutual trade settlements.Venezuela Turns to Crypto and Rubles to Bypass US Sanctions дальше »
2019-5-21 13:59 | |
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Senior Russian Parliament Member Warns Against Crypto Asset Use, Alleges They Can Ruin Governments
Nikolai Arefiev, a Parliament member of the Communist Party in Russia, says crypto use could threaten governments. Russia has still not implemented any regulations for the crypto industry, as it is not a priority. дальше »
2019-5-21 02:30 | |
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Venezuela and Russia in Talks to Use State-Backed Petro Cryptocurrency for Bilateral Trade
Venezuela, a South American country embroiled in a bitter political impasse, is negotiating with Russia over abandoning the USD in their bilateral trade settlements. The two countries are in talks over the use of the Russian ruble, according to Jorge Valero, Venezuela’s representative in UN’s Geneva offices. дальше »
2019-5-20 15:24 | |
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Russia and Venezuela are Evaluating to Ditch American Dollars and Adopt the Petro and the Ruble Instead
Venezuela and Russia are in talks to abandon the use of U. S. dollars in their transactions and replace this currency with rubles and Petros. According to an article published by the Russian news portal RT,. дальше »
2019-5-18 22:31 | |
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Iran’s First Ever Bitcoin ATM Unveiled in Tehran
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. дальше »
2019-4-27 21:31 | |
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Central Bank Of Russia Says CBDCs Can Minimize Costs, But Privacy Is A Concern
Central Bank Of Russia Analyses Benefits And Drawbacks Of Issuing A CBDC The Central Bank of Russia is analyzing the positive and negative effects of issuing a central bank digital currency (CBDC). The information was released by the institution on April 18. дальше »
2019-4-20 22:08 | |
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Russia’s Gazprom Integrates Blockchain Technology for Gas Supply
Gazprom, a leading oil and gas company run by the Russian government, has announced the completion of a blockchain pilot that would enable the firm to use the nascent technology for recording gas contract details, reports local news source, Vestifinance on April 4, 2019. дальше »
2019-4-6 15:00 | |
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‘Russian Facebook’ VK Wants to Turn its 100 Million Users into Crypto Fans
VKontakte (also known as “VK”), which is Russia’s version of Facebook, is planning to issue its own cryptocurrency. The project is currently under development, but a final decision has not yet been made. дальше »
2019-4-1 00:45 | |
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Billionaire’s Crypto Binge: Russia’s Richest Man to Tokenize Palladium
Russian billionaire Vladimir Potanin wants to launch cryptocurrency tokens pegged to the precious metal palladium. Potanin also wants to establish a regulatory framework for digital platforms in order to promote crypto use in Russia. дальше »
2019-3-29 17:55 | |
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Russia Parliament Approves Swift-Alternative but Moves Crypto Bill to April
Two very contrasting events took place in Russia lower house parliament last week. In the first, the State Duma approved the international use of a Swift-like financial network to eliminate the risks of western sanctions. дальше »
2019-3-24 11:50 | |
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Crypto Asset Users In Russia May Be Required To Use A Special Identification Process
Financial Markets Committee From Russia Considers Identity Verification From Crypto Users Russia’s Duma Committee on Financial Markets has reunited recently to consider whether people should be mandatorily identified to use digital assets or not. дальше »
2019-3-8 22:47 | |
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Russian Railways Ponders Blockchain Use for Tracking Passengers Who Use Transportation Services
The national pension fund of Russia has reunited with the Russian Railways recently in order to push forward a blockchain program that will help both entities. The companies have entered in an agreement to use the blockchain technology in order to track and transport passengers which are beneficiated by services like discounts. According to the […] дальше »
2019-3-5 00:52 | |
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New AML Protocols Amendments in Russia Lists Illicit Use of Cryptocurrency as a Criminal Offense
Russia has been working to ensure that its financial regulations within their country appropriately cover cryptocurrency. Though their original decree on anti-money laundering came out in July 2015, new developments in cryptocurrency have urged them to make some changes. дальше »
2019-2-27 05:50 | |
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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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Russian Institutions Back Proposal to Let Companies Use Cryptocurrency
An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation. дальше »
2019-1-21 22:48 | |
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Is Russia Really Planning a 10 Billion Dollar Bitcoin Buy?
It has long been known that dark web participants use cryptocurrency to make deals and do business. There has also been no shortage of connections of Bitcoin to hackers and even government intelligence operatives. дальше »
2019-1-16 21:59 | |
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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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Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases
Cryptocurrency transactions are becoming a viable alternative to traditional electronic payments and Russia is no exception to the trend. Recently conducted surveys indicate that a large number of Russians have already started using digital coins for online purchases and many others are willing to try. дальше »
2018-12-23 05:00 | |
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Russia Says Venezuela’s Petro Acceptance ‘Not Happening’
Russia has not discounted the idea of using state-issued cryptocurrency Petro in commercial operations with Venezuela. Russia: No Petro Payments ‘Yet’ Those were the words of deputy finance minister Sergey Storchak speaking to reporters this week, local news outlet RIA Novosti reported December 13. дальше »
2018-12-14 17:00 | |
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Max Keiser Interview: Buy Bitcoin, ‘Leave Alts to Dickheads Like Jamie Dimon’
Max Keiser once again shared his thoughts with Bitcoinist on the latest happenings in France, how Russia may use Bitcoin for its strategic reserves, and why Bitcoin is king while altcoins should be “left to dickheads like Jamie Dimon. дальше »
2018-12-12 18:00 | |
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Russian Bank Sberbank Uses A Blockchain Smart Contract For A Three-Way OTC Repurchase Agreement
Blockchain technology has recently found a new use case in Russia, after being used to finish a repurchase agreement, which is also known as a repo. Sberbank, the state-owned Russian bank, announced this transaction on Thursday, involved the “world’s first” transaction of this kind includes three parties in an over-the-counter (OTC) agreement with a smart […] дальше »
2018-12-8 00:29 | |
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