2020-9-4 20:15 |
Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms.
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Russia is known for its freezing cold temperatures, breathtaking churches, and classical authors. But, regulatory clarity? Not so much. That may also explain why Russia's stance on cryptocurrency miniThe post To ban or not to ban? Debate is on as Putin reminds Russia of its crypto-advantages appeared first on AMBCrypto.
2022-1-27 15:30 | |
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The Russian central bank wants to ban investments in cryptocurrencies in Russia, citing the growing number of crypto transactions as a threat to financial stability. Russia Mulls Over Crypto Ban Russia’s central bank is attempting to outlaw cryptocurrency investments, escalating the country’s long-standing distrust of Bitcoin and other digital assets.
2021-12-18 07:11 | |
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The ministry argued the draft ban would be harmful for Russia's economy and citizens, and called for a softer stance.
2020-6-10 18:00 | |
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While Russia is facing disagreement over the legal status of Telegram and crypto, both continue operating in the country.
2020-5-28 23:12 | |
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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.
2020-5-24 04:05 | |
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The future of cryptocurrencies remains in question all over the world. In Russia, there is still a genuine chance of banning cryptocurrencies altogether, which isn’t too promising. Russia has always been on the fence about Bitcoin and altcoins.
2020-3-23 06:00 | |
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According to a Forbes report published on March 21, 2020, a senior Russian official has warned that its delayed bill on cryptocurrencies will include a ban on issuing and selling of digital currencies.
2020-3-22 18:00 | |
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The Director of the Bank of Russia’s legal department has admitted that Bitcoin and other cryptocurrencies cannot realistically ever be banned in the country. Although cryptocurrencies are not exactly legal in Russia, it seems like they won’t ever be banned, either.
2020-3-18 16:15 | |
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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 […]
2020-3-17 20:08 | |
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On November 29th, the Central Bank of Russia came out against Bitcoin, claiming that their local ruble should be the nation’s only legal tender. While nothing has been set in stone as of yet, the Central Bank is open to banning the ability to buy goods and services with Bitcoin due to the risky nature […] The post Russian Central Bank Comes out Against Bitcoin, Would Support a Ban appeared first on BeInCrypto.
2019-12-2 12:26 | |
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Russia may prohibit crypto payments for goods and services, but achieving such a ban might be quite difficult. This is the conclusion of Anatoly Aksakov, Chairman of the State Duma Committee on Financial Market.
2019-11-30 16:30 | |
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Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized currencies in a world where they’re racing to launch their own ones.
2019-11-30 10:34 | |
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The Bank of Russia, known as the central bank of the country, has recently offered its opinion on banning cryptocurrencies. According to it, a crypto ban is not out of question right now. If the legislative level of the government decided to ban cryptos, the bank would fully support the decision. At the moment, the […]
2019-11-30 22:30 | |
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The Bank of Russia has backed a potential ban on cryptocurrency payments, according to a state news agency.
2019-11-30 15:42 | |
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Sources have claimed Russia is considering the introduction of a ban on the use of crypto to pay for goods and services
2019-11-30 14:54 | |
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The government of Russia has been toying with the possibility of interfering in the country’s cryptocurrency space as of late. Several calls have been made for the country to completely legalize digital assets, but it would seem that the Kremlin isn’t prepared to have enough patience to deal with them at all.
2019-11-29 13:04 | |
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Despite the long-standing ban on Bitcoin trading, China continues to be a breeding ground for cryptocurrency mining operations — statistically speaking. As BeInCrypto has previously covered, Chinese Bitcoin miners dominate an estimated 65 percent of the total network hashrate — with others, including the United States and Russia, lagging far behind with roughly five percent […] The post More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars appeared first on BeInCrypto.
2019-11-1 21:29 | |
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A Russian government official says the nation will ban Facebook if the US decides to block the company’s Libra cryptocurrency. Putin Aide: Ask US About Libra Speaking to reporters on Oct. 22, Dmitry Peskov, President Vladimir Putin’s special representative for IT confirmed his official position on Libra, as well as Telegram’s prospective cryptocurrency, Gram.
2019-10-22 15:00 | |
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Ever since the announcement of Libra, it has been the hottest topic of discussion amongst cryptocurrency enthusiasts, banks, tech companies, and regulators. As Europe and the USA struggle to come to terms with Libra, Russia is surprisingly calm on the issue, even confirming that the country doesn’t plan to ban Libra, as reported by Quartz,Read MoreRead More.
2019-7-6 13:00 | |
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According to local reports, Russia will not go out of its way to ban Libra, a crypto asset created by the Libra Association, an international consortium started by Facebook. Alexei Moisseev, the deputy finance minister of Russia, told publications that a legislative framework for crypto assets will soon be formed and Libra is likely to […] The post Russia Won’t Ban Facebook’s Libra After All, Hints Full Crypto Regulation appeared first on CCN Markets
2019-7-2 17:17 | |
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The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said.
2019-7-2 18:00 | |
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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.
2019-6-11 19:00 | |
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The Chinese Bitcoin [BTC] mining ban proposed by the country’s macroeconomic planning agency riffled the market with FUD, leading many to speculate which country could pick up the mining mantle. With many looking east for the new mining havens, eToro’s senior market Mati Greenspan negated.
2019-4-21 14:30 | |
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Devine, a Binance critic, has threatened to ban the cryptocurrency exchange from Russia following its threat against Bitcoin SV. The critic accused the exchange of building its reputation under using false trading volumes The post Critic: Binance Built on “Fake Volumes” Discuss Banning Exchange in Russia appeared first on Ethereum World News.
2019-4-14 18:57 | |
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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.
2019-3-24 11:50 | |
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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.
2019-2-8 17:22 | |
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While Russian authorities struggle to define cryptocurrency and decide whether to ban it, regulate it or just ignore it, people buy and sell Bitcoins and other digital money on the black cryptocurrency market to the tune of millions of dollars on
2018-9-12 20:31 | |
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Telegram, the ICO led social messaging app is current banned in Russia, although according to reports, this ban could soon be overturned if the company agree to share their encryption keys with law enforcement authorities in Russia.
2018-8-29 08:00 | |
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From Belarus’ utopian crypto haven to Macedonia’s ban: Here’s how cryptocurrencies are regulated in Eastern Europe
2018-7-2 12:30 | |
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]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.
2018-6-13 23:40 | |
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The Blockchain Association has urged President-elect Donald Trump to take immediate steps to bolster the US crypto industry during the first 100 days of his term, according to a letter sent on Nov.
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