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Central Bank of Russia Plans to Support Ban on Cryptocurrency Payments


Since their inception, cryptocurrencies have borne their share of critical ups and downs in the global economy. Where the digital currency arena is witnessing an inclination from the biggies of the industrial domain, there has been a sense of growing resistance from the regulatory authorities....

Is Russia Set to Ban Bitcoin Pay?


Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies. Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring...

Russian Tax Authority Registers Crypto as Part of a Company’s Capital


A company has blazed a trail in Russia, successfully convincing the country’s tax agency to accept that its equity capital now includes cryptocurrency. The change in the ownership distribution has been registered after the firm filed a set of notarized documents confirming a new investment...

Russia Confirms First Capital Filling That Includes BTC + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Russian tax authorities have recognized a capital filing that included a Bitcoin (BTC) investment – the country’s...

Brazil, Russia, India, China and South Africa Have a ‘Crypto’ Plan


Source: iStock/Gil-Design The BRICS Business Council has discussed the possibility of creating a single 'cryptocurrency' to facilitate settlements between member countries, after Russia’s sovereign wealth fund put forward a proposal. The BRICS nations – Brazil, Russia, India, China and South Africa...

Danske Bank Caught Using Gold Bullion to Launder Illicit Funds


The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...

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