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Texas Senator Claims People Are Flocking to Bitcoin Because US Is on ‘the Verge of an Inflation Crisis’
11.6.2021
This week the United States senator from Texas, Ted Cruz, appeared on the Fox News television broadcast Hannity and discussed the leading crypto asset bitcoin. Cruz told Hannity he believes people are investing in bitcoin because they believe America is on the verge of an inflation crisis....
Russian Court Bans Websites Explaining How to Trade Bitcoin
11.6.2021
A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds. Kungur...
Russia Could Use Crypto to Dodge US Sanctions - Political Insider
8.6.2021
In a sign of increased acceptance of cryptocurrencies among Russia’s elite, Alexander Shokhin, the president of the lobby group Russian Union of Industrialists and Entrepreneurs (RSPP), has proposed that the country’s lower chamber of parliament, the State Duma, discusses how Moscow could...
De-Dollarization: Russia Removing All US Dollar Assets From Its $600 Billion National Wealth Fund
5.6.2021
Russia has reportedly announced that U.S. dollar assets will be removed from its National Wealth Fund as U.S. sanctions on Moscow intensify. The fund, which currently totals about $600.9 billion, forms part of Russia’s gold and currency reserves. Russia Steps up De-Dollarization Efforts...
Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’
5.6.2021
Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty”...
CEOs of top Russian banks Sberbank and VTB blast Bitcoin
4.6.2021
Top Russian bankers cite their reasons for not liking Bitcoin after Tinkoff's CEO said that the central bank was stopping it from offering crypto trading services
Russian central bank policies stop Tinkoff from offering crypto trading, CEO says
3.6.2021
Russia has officially legalized crypto trading this January but the government still doesn’t allow local banks to offer crypto services
Russian Bitcoin critic says he would have bought BTC for 100 rubles
3.6.2021
One of the biggest Bitcoin critics, Russian official Anatoly Aksakov said he wanted to buy Bitcoin before the ban but the price was too high
Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia
29.5.2021
A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic...
Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’
28.5.2021
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and said...
Russian Lawmakers Move to Allow Crypto Payments Under Contracts
24.5.2021
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend...
Best Goal Scorer at Euro Soccer Championship to Get NFT Trophy From Gazprom
24.5.2021
The player with the best goal at Europe’s international soccer championship this summer will be awarded a special prize. European football’s governing body, UEFA, and the tournament’s sponsor, Russia’s Gazprom, are behind the initiative to present the winner with an...
France Rejects Russian Request to Extradite BTC-e Operator Alexander Vinnik
22.5.2021
Judicial authorities in France have refused to grant the extradition request filed by Russia for Alexander Vinnik. According to the Russian Ombudsman, Vinnik is now ready to start a new hunger strike despite his health deteriorating after spending almost four years in detention. Court Case Against...
Bank of Russia to Launch Digital Ruble Prototype by End of Year
21.5.2021
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on...
Election Candidates in Russia to Disclose Crypto Investments, New Bill Suggests
20.5.2021
A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchase they and their families make, if the total...
New bill would require candidates in Russian elections to declare crypto
19.5.2021
The bill must still go through two readings in the Duma before going to the Federation Council
Bank of Russia Tests Services Related to Cryptocurrencies
9.5.2021
Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory...
Russian Media Outlet Asks for Crypto Donations After Being Labeled ‘Foreign Agents’ by the Kremlin
1.5.2021
Russian authorities have recently labeled one of the leading independent media outlets in the country as a “foreign agent.” Such a maneuver led Meduza to set up a fiat and crypto fundraiser to survive the consequences of labeling. Fund Will Accept Donations in Bitcoin, Ethereum,...
21% of Muscovites think crypto and digital currencies will replace fiat in ten years
28.4.2021
According to a recent poll, 14% of Russians think crypto will replace fiat in 10 years, while 39% think it's impossible to give up cash
Russian space agency uses blockchain to protect intellectual property
27.4.2021
Roscosmos is the first organization to test Waves Enterprise’s IP Guard solution