Russian Bitcoin (BTC) miners are reportedly running as usual despite the government’s invasion of Ukraine this week. Source: cointelegraph.com According to estimates from the Cambridge […]
Russia to seize retail deposits if sanctions go too far, official warns
In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could be at risk to lose their savings. Source: cointelegraph.com Russians’ […]
Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections
Russia’s Ministry of Finance has upped the stakes in its drawn-out showdown against the country’s Central Bank by formally introducing a bill that proposes to […]
Clarity pushed back: Russian government fails to forge a consolidated stance on crypto regulation
On Feb. 18, the Russian Ministry of Finance kicked off public consultations on the rules of cryptocurrency issuance and transactions. While a welcome development, it […]
Crypto bill incoming: Russia’s finance ministry kicks off public comment period
The Ministry of Finance of the Russian Federation has officially initiated work on the country’s cryptocurrency regulation bill, filing the first public notice on the […]
Banning Bitcoin in Russia is 'same as banning the internet,' minister says
Banning cryptocurrencies like Bitcoin (BTC) is impossible, Russia’s finance minister Anton Siluanov declared as the Bank of Russia keeps calling on the state to ban […]
Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban
Amid more reports on the Bank of Russia rejecting the finance ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its […]
Russian gov't and central bank agree to treat Bitcoin as currency
The government and central bank in Russia have reached an agreement on how to regulate cryptocurrencies, according to a Tuesday announcement. Source: cointelegraph.com Russia’s government […]
Simple math says Russia could collect up to $13B in crypto tax each year
The Russian government is expected to collect up to 1 trillion rubles ($13 billion) in crypto tax each year, as per an estimation by the […]
Russian central bank registers nation’s first digital asset manager
The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday. Source: cointelegraph.com […]