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Ban less likely? Putin says crypto mining has advantages in Russia
27.1.2022
Putin says that a surplus of electricity and well-trained personnel gives Russia a “competitive advantage” in crypto mining
Putin Talks up Russia’s Crypto Credentials as Ukraine Tension Mount
26.1.2022
Recent talk of a ban on crypto in Russia may be premature – particularly after the nation’s President Vladimir Putin appeared to talk up the country’s crypto capabilities. And with the United States threatening to sanction the Russian leader over heightened tensions on the Ukrainian border...
Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban
26.1.2022
Authorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank...
Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government
25.1.2022
The 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 by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank...
Russian finance ministry official calls for crypto regulation, not restriction
25.1.2022
Russian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia
Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban
25.1.2022
The Russian political talk shop is open – or at least it is for crypto, with many leading lawmakers hitting back at the Central Bank’s calls last week for a blanket ban on cryptoassets and token mining....
Read More: Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban
Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP
24.1.2022
Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning crypto...
No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia
24.1.2022
Pavel 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 development and chase away blockchain specialists, Durov says. Durov Speaks Out Against Bank...
Russian tech and political executives denounce crypto ban proposal
24.1.2022
Telegram 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
Vibe killers: Here are the countries that moved to outlaw crypto in the past year
23.1.2022
From Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools
Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says
23.1.2022
Russia 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 a wide-ranging ban on the use of cryptocurrencies, and their trading and mining. Mining...
Russian Banks Begin Testing Digital Ruble Payments
22.1.2022
Banks 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 (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble...
Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers
21.1.2022
The 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 interest as the regulator believes these carry risks of financial losses and fraud....
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining
21.1.2022
True 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. A consultation paper published by the regulator cites threats to financial stability and citizens’...
Bitcoin shrugs off Russia crypto ban fears as BTC price nears $43.5K
20.1.2022
A sharp uptick could have wider implications for the two-month Bitcoin price downtrend, one analyst reveals
Russian central bank proposes blanket ban on crypto mining and trading
20.1.2022
Russian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments
Russian Central Bank Proposes Crypto Use and Mining Ban
20.1.2022
The central Bank of Russia today proposed banning the use and mining of cryptoaassets on the country's territory. The proposed ban encompasses crypto exchanges too.
The bank is citing threats to financial stability, economic security, and monetary policy sovereignty to justify this...
Russian Orthodox Patriarch is not a Bitcoiner, church clarifies
19.1.2022
A video emerged claiming that the leader of the Russian Orthodox Church was blessing financial investments
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
19.1.2022
A 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 to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia....
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners
19.1.2022
Anatoly 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. The parliamentarian also urged for the comprehensive regulation of crypto mining...