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PortuguêsRosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator…
Continue ReadingA finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments. Kirill Pronin, head of Russian Central Bank (CBR)’s…
Continue ReadingRussia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house…
Continue ReadingVTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain. VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance…
Continue ReadingRussian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies…
Continue ReadingAccording to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the…
Continue ReadingAs sanctioned Russia’s fiat currency soars in value against the U.S. dollar, and crypto markets remain unpredictable, economists and crypto enthusiasts continue to puzzle and debate over what the next…
Continue ReadingThe Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the…
Continue ReadingRussian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the…
Continue ReadingThe Human Rights Foundation’s biggest event of the year took place last month in Norway. The Oslo Freedom Forum defines itself as a “global conference series bringing together human rights…
Continue ReadingA bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor…
Continue ReadingThe Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with…
Continue ReadingThe government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who…
Continue ReadingRecent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday,…
Continue ReadingThe Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means…
Continue ReadingRussia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The…
Continue ReadingThe third-largest oil producer in Russia has joined forces with BitRiver, a bitcoin mining business based in Switzerland, to mine bitcoin utilizing spare resources. BitRiver will construct the digital infrastructure…
Continue ReadingRussian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will…
Continue ReadingWhile gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to…
Continue ReadingOne of the world’s largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining. The Russian…
Continue ReadingGazpromneft, the third-largest oil producer in Russia, is partnering with Swiss-based bitcoin mining company BitRiver to mine bitcoin with excess resources. Russia’s third-largest oil producer, Gazpromneft, is entering the bitcoin…
Continue ReadingThe head of Russia’s central bank recently discussed that using bitcoin and other cryptocurrencies for international settlement is a possibility. The Central Bank of Russian Federation recently discussed using bitcoin…
Continue ReadingCryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital…
Continue ReadingNumerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. In the summer of…
Continue ReadingCryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said. Russia’s central bank governor Elvira…
Continue ReadingAn institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological…
Continue ReadingThe State Duma, Russia’s lower house of parliament, has submitted legislation making it illegal to pay with cryptocurrency. The bill’s sponsors want crypto platforms to be tasked with preventing transactions…
Continue ReadingSber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021. Russian banking giant Sber — formerly known as Sberbank — is preparing…
Continue ReadingWar. That dreadful word. Breaks borders, lives, properties, and wealth. Since it began in Ukraine, cryptos have managed to be at the forefront of the war. Since Russia invaded Ukraine…
Continue ReadingThe document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate. A bill that had been introduced a week ago to the State Duma, the lower…
Continue ReadingLegislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto…
Continue ReadingCourts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s…
Continue ReadingThe government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing…
Continue ReadingIn a Cointelegraph video, the world’s elite and some crypto believers rub shoulders to share their views on crypto. Cointelegraph introduces “Crypto Street,” a series of spontaneous conversations with strangers…
Continue ReadingBulls placed too much hope on $32,000 flipping to support, an error that is bound to show by Friday’s $800 million BTC options expiry. Bitcoin (BTC) briefly broke above $32,000…
Continue ReadingTwo months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation”…
Continue ReadingRostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an…
Continue ReadingThe websites of several ministries of Belarus have allegedly been taken down in a new attack, part of the cyberwar Anonymous is waging to help Ukraine. The hacking group declared…
Continue ReadingThe bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The…
Continue ReadingA Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who…
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