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PortuguêsSoon after the central bank of Russia announced that it is mulling a ban on crypto mining, reports now point otherwise. The Chairman of the State Duma Committee on Industry…
Continue ReadingBelarus’ regulator says it doesn’t want additional restrictions as the Russian Ministry of Finance calls for bitcoin regulation. Belarus is reportedly not inclined to change its permissive bitcoin trading rules…
Continue ReadingThe central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed…
Continue ReadingRussian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia. In surprising comments made by the Russian director for financial policy, Russia could be…
Continue ReadingPavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech…
Continue ReadingTelegram CEO Pavel Durov wrote that the proposed ban on crypto would “destroy a number of sectors of the high-tech economy” in a recent post on his massaging platform. Russia’s…
Continue ReadingFrom Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools. Last week, Pakistan’s Sindh High Court held a hearing on the legal status…
Continue ReadingRussia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed…
Continue ReadingBanks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer…
Continue ReadingThe Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular…
Continue ReadingIt reports are to be believed, the central bank of Russia is mulling a ban on both crypto trading and mining. As per the recently released consultation paper, Moscow has…
Continue ReadingTrue to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining.…
Continue ReadingRussian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments In a report published on Thursday, the Central Bank of Russia has called…
Continue ReadingA video emerged claiming that the leader of the Russian Orthodox Church was blessing financial investments. Patriarch Kirill of Moscow and all Rus’, the leader of the Russian Orthodox Church,…
Continue ReadingA regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare…
Continue ReadingAnatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets.…
Continue ReadingRussian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian…
Continue ReadingThe Federal Security Service of the Russian Federation along with the Investigation Department of the Ministry of Internal Affairs has reportedly shut down an “organized criminal community.” It noted in…
Continue ReadingRussians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called…
Continue ReadingThe Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with…
Continue ReadingThe main finance industry association of Russia has urged authorities to reconsider a position against crypto investments in the nation’s financial market strategy. The organization insists that the crypto investments…
Continue ReadingThe Russian punk rock collective Pussy Riot plans to launch a DAO that will be promoting LGBTQ+ and women artists. Russian punk rock collective Pussy Riot is planning to launch…
Continue ReadingRussian banks have been increasingly moving into the digital asset market despite the Bank of Russia‘s hostility toward crypto. TCS Group, the owner of the major private Russian bank Tinkoff,…
Continue ReadingBinance makes another major strategic move in one of the world’s biggest cryptocurrency miner regions. Binance, the world’s largest cryptocurrency exchange, is putting more effort into increasing compliance in the…
Continue ReadingRussians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains…
Continue ReadingRussian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and…
Continue ReadingFormer chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has…
Continue ReadingAs the popularity of cryptocurrency Exchange Traded Funds (ETF) engulfs Europe, the relatively reluctant Russia has introduced its first blockchain-based ETF. The fund was launched by the country’s largest bank,…
Continue ReadingCalled “Sber — Blockchain Economy,” the ETF will trade under the ticker SBBE and track major crypto companies. Sber, the Russian government-backed company and the largest bank in the country,…
Continue Reading“To be paid in Bitcoin and not give me any pushback on it whatsoever, was huge in the decision,” said MMA fighter Kevin Lee on signing with Eagle FC. Kevin…
Continue ReadingThe Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to…
Continue ReadingThe year past saw some fundamental transformations in the relationship between state power and the digital asset space. It is that time of the year: Singular events must be abandoned…
Continue ReadingThe Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain…
Continue ReadingThe federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia…
Continue ReadingBank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far. Amid the ongoing uncertainty about the future of cryptocurrencies in Russia, one…
Continue ReadingA crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters…
Continue ReadingAccording to a recent report by a Russian lawmaker, the country’s citizens have invested over 5 trillion rubles ($67.5 billion) in the crypto market, but the regulatory terrain remains hostile…
Continue ReadingRussia’s cold climate and cheap energy lead thousands of households to mine bitcoin. After China banned bitcoin earlier this year, Russia became the world’s second-biggest bitcoin miner country. Its cold…
Continue ReadingIn advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The…
Continue ReadingInterest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market,…
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