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Survey: 14% of Russians Think Cryptocurrencies Will Oust Fiat in 10 Years
27.4.2021
A new survey revealed the different stances of Russians toward cryptocurrencies and fiat currency. Specifically, some of the respondents believe digital assets will replace fiat in ten years. Residents in Moscow Believe Cryptos Will Replace Fiat, While Others Are Skeptical According to Nord News...
Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says Official
28.3.2021
Herman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor cryptocurrency transactions that involve the conversion from crypto to fiat. Neglyad made this revelation during a recent meeting of the State Duma Committee on financial...
Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers
19.3.2021
The Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking measures to prevent illegal activities on cross-border transfers with cryptos. Putin Calls Other Offices to Join the Fight...
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...
Russia Prohibits Government Officials From Owning Crypto, Must Dump Holdings by April
26.1.2021
The Russian Ministry of Labor has reportedly banned government officials from owning and using cryptocurrencies. Officials have also been ordered to dispose of any cryptocurrencies they own by April. Russia Prohibits Government Officials From Holding or Using Cryptocurrencies The Ministry of Labor...
P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume
15.12.2020
A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume...
Putin Signs Law Giving Cryptocurrency Legal Status in Russia
2.8.2020
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir Putin signed into law Friday the bill...
Russian Interest in Paxful’s P2P Platform Surges 350%
31.7.2020
Paxful has released data showing growing usage of its peer-to-peer trading platform in Russia
Russian Lawmakers Finally Pass Country’s Major Crypto Bill
22.7.2020
Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method
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 Court: Theft Of 100 BTC Isn’t A Crime Because Bitcoin Isn’t Property
1.7.2020
A Russian court turned down a request from a victim of a 100 Bitcoin theft seeking restitution, with the court arguing that cryptocurrencies have no legal status
Transnational Cybercrime Group Co-Founder Who Amassed $568M Pleads Guilty
28.6.2020
The co-founder of the Infraud Organization pleaded guilty to racketeering charges before a U.S. District Court in the District of Nevada
Coronavirus Lockdown Boosts Bitcoin Trading in Russia
4.6.2020
COVID-19 pandemic seems to be one of the drivers behind the recent sharp increase in Bitcoin trading volume across Russia
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...
Russian Oligarch Turns Soviet Plant Into a Major Bitcoin Mining Hub
24.11.2019
Bitriver hosts mining machines in the former world’s largest aluminum smelter
Russia: Government Official Expects To Mine 20% Of The World’s Bitcoin
29.10.2019
Russian company plans to open giant Bitcoin mining farm
Final Russian Nuclear Scientist Jailed For Mining Bitcoin At Work
25.10.2019
Third Russian nuclear scientist sentenced for role in Bitcoin mining scheme
Employee Fined For Mining BTC on Nuclear Research Center Supercomputer
28.9.2019
Employee gets fined $7,000 for illegally mining Bitcoin on a supercomputer at a nuclear research center
Russia May Build Offshore Destination for Cryptocurrencies, Exchanges and Forex
10.6.2019
Russia may build a large financial center on the island of Bolshoy Ussuriysky
Russian Parliament Considers Imposing Fines on Crypto Mining by End of June
10.6.2019
Russia’s parliament is considering imposing administrative responsibility for crypto mining on open blockchains, including fines for the organization and issuance of crypto