Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners

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 ban could payments cryptocurrency farms bad

russia ban → Результатов: 37


To Ban Or Not To Ban? Russia Concerned About Growing Crypto Transanctions

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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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.

2020-5-24 04:05


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Russian Central Bank Comes out Against Bitcoin, Would Support a Ban

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


Russian Central Bank Will Support Legislation To Ban Cryptocurrencies Due To Risk

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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More Chinese Bitcoin Miners Flock to Sichuan as Demand Soars

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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Russia to Ban Facebook if US Blocks Libra Cryptocurrency

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


Russia Won’t Ban Facebook’s Libra After All, Hints Full Crypto Regulation

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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Critic: Binance Built on “Fake Volumes” Discuss Banning Exchange in Russia

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