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Nalezeno "russian": 1664

Russian Central Bank Still Saying No to Use of Crypto in Settlements

10.11.2022
Russia’s Central Bank has thrown another spanner into the crypto adoption plans of the nation’s pro-business Ministry of Finance – by saying it still opposes the use of coins in settlements and “accounting” scenarios.... Read More: Russian Central Bank Still Saying No to Use of Crypto in Settlements

Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders

9.11.2022
The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public discussions on the development of the digital asset market in the Russian Federation. Bank of Russia...

New Report: Russian Central Bank Looks to Integrate ‘Digital Assets’ Into its Financial System

8.11.2022
The Central Bank of Russia (CBR) has released a report that focuses on digital assets and how the new technology could be integrated into its traditional financial system. On Monday, Russia’s central bank shared a 32-pages-long public consultation report titled 'Digital Assets in Russian...

Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report

6.11.2022
Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respect. According to a crypto media report, the platform shared its position...

Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator

4.11.2022
The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator blocked a number of coin trading platforms, including Binance. Residents of Uzbekistan Can Again...

Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says

3.11.2022
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital...

Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils

2.11.2022
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental...

Binance's Zhao Suggests Exchange Might Still Allow Russian Users

2.11.2022

French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US

31.10.2022
A member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner...

New Mining Bill Permitting Cross-Border Crypto Payments Filed in Russian Parliament

29.10.2022
A draft law designed to regulate the mining of digital coins in Russia is also legalizing the use of cryptocurrencies in international settlements. It has been submitted to the Russian parliament after the rejection of an earlier bill which was aiming to allow domestic crypto payments as well....

Bitcoin ATMs Increase in Number in Moscow, Russia

29.10.2022
The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week. There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty. More...

Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine

28.10.2022
The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities...

Kraken Crypto Exchange Terminates Accounts of Russian Users

24.10.2022
In a bid to comply with the European Union’s sanctions on Russia, major crypto exchange Kraken has unveiled its move to restrict and eventually shut down services for Russian accounts. The latest development follows the adoption of new Brussels-led penalties in response to Moscow’s continued...

Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft

24.10.2022
The lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down that proposal, which also aimed to legalize crypto payments in the country, another draft law on mining, which permits cross-border...

Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’

21.10.2022
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion...

Russian Regulator: Crypto Sanctions Are a Form of Digital Fascism

21.10.2022
One of Russia’s top regulators thinks that the crypto-related sanctions that have been imposed on the country and its citizens are a type of “digital fascism.”... Read More: Russian Regulator: Crypto Sanctions Are a Form of Digital Fascism

US Charges Russians, Venezuelans for Sanctions Evasion Using Cryptocurrency

20.10.2022
A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies, smuggling oil, and disguising money...