2019-6-5 16:46 |
Russia’s third-largest food retailer, Dixy, has implemented an Ethereum blockchain-enabled trade finance platform for factoring services
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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.
2019-5-23 20:00 | |
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Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used.
2019-5-18 02:00 | |
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The proposed ‘digital assets’ law aims to “legalize ICOs” in Russia and is expected to be reviewed in May. But lawmakers are slowly realizing the futility of regulating Bitcoin and cryptocurrency that are un-regulatable by design.
2019-4-19 14:00 | |
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Russia’s Evrofinance Mosnarbank Sanctioned By The US After Being Backing Venezuela’s Petro The United States has decided to add the Russian bank Evrofinance Mosnarbank to its sanctioning list managed by the Treasury Department.
2019-3-13 02:19 | |
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Using cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles.
2019-1-18 22:01 | |
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Eurasian Economic Union (EAEU) Backed Virtual Currency Inevitable Says Russian Minister A major Russian media outlet has reported that their Finance minister thinks Eurasian Economic Union (EAEU) backed crypto is inevitable due to the United States sanctions.
2018-12-23 19:08 | |
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Russia’s Ministry of Finance believes that creation of a single digital currency backed by Eurasian Union is inevitable due to U.S. sanctions
2018-12-22 21:33 | |
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There is still a long way to go before the Petro can become an internationally accepted cryptocurrency. In fact, it seems that not even the talks to assess the feasibility of such a decision have started yet.
2018-12-15 20:57 | |
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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.
2018-12-14 17:00 | |
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Russia has been selling US securities amid new sanctions, but has no plans to start shutting down US companies, according to Russia’s Finance Minister Anton Siluanov. “We have lowered to the.
2018-8-13 14:59 | |
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Russia is currently looking into blockchain technology in the hope that its development could be applied in the military. Blockchain technology offers a wealth of benefits in the finance department, but the Russian army is hoping it could aid them in a variety of ways, especially in cases of cybercrime.
2018-7-22 13:29 | |
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Russia Used Bitcoin To Finance 2016 US Election Hacking, According To Mueller Indictments Last week, the investigation led by special counsel Robert Mueller indicted 12 Russian intelligence officers for hacking the 2016 United States elections.
2018-7-17 00:17 | |
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Russia’s largest native forex broker, Alpari, just announced plans to launch four new altcoins on its platform. Alpari first made headlines in the crypto community for adding bitcoin contracts for difference (CFDs) in April 2017, and now they’re expanding their offerings after increased demand.
2018-6-30 01:53 | |
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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. The Finance Ministry has again clarified the applicable tax rules, while the State Duma is still fine-tuning the upcoming regulations.
2018-6-15 09:50 | |
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Russia has approved an amendment to a draft bill introducing taxes on crypto transactions and mining activities, Interfax reported on Nov. 19. The legislation will classify cryptocurrencies as property for tax purposes.
Russia is advancing its regulatory framework for cryptocurrency mining with a proposed amendment to its Bitcoin mining legislation. An Interfax report states, that the draft, introduced by the Ministry of Finance, establishes new tax guidelines for income and expenses related to crypto mining and infrastructure operations.
The Russian government has greenlit draft amendments to a bill aimed at taxing crypto mining and transactions. Russia is moving forward with a draft amendment to its Bitcoin (BTC) mining legislation, introducing new tax rules for crypto mining, transactions, and…
Russia may face an energy shortage in the next 10 years due to rapid Bitcoin mining expansion, a Kremlin official warns. Russia could experience an energy shortage within the next 5-10 years as crypto mining rapidly expands, a senior Kremlin…
Cryptocurrency mining will soon be banned in several regions across Russia due to an escalating electricity crisis.
Cryptocurrency mining will soon be banned in certain regions of Russia due to electricity shortages, per Deputy Energy Minister Evgeny Grabchak. Russia will soon prohibit Bitcoin (BTC) mining in several regions due to a critical electricity shortage, Russia’s state news…
Experts warn that the high investment required to join the digital ruble platform could be prohibitive for small Russian banks, as it exceeds their annual tech budgets by several times. The entry cost for Russian banks to join the Bank…