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Russia Blocks Cryptocurrency Websites Ahead of Regulation
30.8.2020
Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites...
New Russian Law Bans Bitcoin Payments for Goods and Services
24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...
Russian Court: Bitcoin Theft Not a Crime
3.7.2020
A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the fiat money stolen — not cryptocurrencies....
Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market
11.6.2020
Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market.” Russian Ministry...
Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners
3.4.2020
The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will...
2 Russian Nationals Charged With Mining Crypto on State Computers
16.12.2019
Two Russian nationals are being prosecuted for allegedly crypto mining on Russian government-owned computer systems, state news agency TASS reported Monday