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Russian MPs Seek to Drive E-Pay and Crypto Further Apart with New Bill
18.12.2020
Russia’s parliament, the State Duma, is set to vote on a bill that could inadvertently clarify the difference between e-pay wallets and crypto wallets. The bill seeks to enable anonymous payments in digital transactions – providing they are made in fiat.
The measure was proposed by a group of...
Russian President Vladimir Putin Signs Order Compelling Government Workers to Disclose Crypto Holdings
13.12.2020
Russian President Vladimir Putin has signed an order compelling the country’s government workers to disclose their cryptocurrency holdings. The order stipulates that employees must submit details of where they bought the digital assets and the value thereof by June 30, 2021. Similarly...
Russian officials must disclose their crypto holdings by June 2021
11.12.2020
Russian officials finally prepare to disclose their crypto
Russian Prosecutor General Coming for Civil Servants’ ‘Hidden Bitcoin’
11.12.2020
The building of the General Prosecutor's Office of the Russian Federation in Moscow. Source: Adobe/Андрей Журавлев
The office of the Russian Prosecutor General has redoubled its attempts to force government officials to declare their crypto holdings as part of a bid to wipe out corruption among...
Russian crypto lobby group appeals to finance ministry to soften legislation
9.12.2020
A crypto advocate group in Russia is lobbying for more friendly federal crypto law
France Sentences BTC-e Crypto Exchange’s Operator to 5 Years in Prison for Money Laundering
8.12.2020
Russian crypto exchange BTC-e’s operator Alexander Vinnik has now been sentenced to five years in prison by a French court and fined 100,000 euros. He was arrested over three years ago in Greece, extradited to France, and is wanted in the U.S. and Russia. Vinnik Sentenced After 3+ Years...
Lawyer Warns Russian Crypto, Blockchain Exodus Has Already Begun
5.12.2020
Expert voices are warning that a mass crypto and blockchain exit is already underway in Russia, with companies seeking a way out over concerns that the nation is “lagging behind” other more business-friendly regions.
Per DP.ru, Yuri Brisov, a member of the Commission on the Legal Support of...
Russian central bank opposes ruble-pegged stablecoins
2.12.2020
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC
1.12.2020
Russian banks and financial brokers are worried the digital ruble will be a burden for them
Experts Divided on New Russian Crypto Regulations
1.12.2020
An influential Russian politician has spoken up in favor of the country’s forthcoming crypto regulations rollout – but opposition voices are not so sure that the new rules will do anything to help the crypto sector.
Per media outlet RIA Novosti (via Prime), Arseniy Poyarkov, a member of State...
Russia to Recognize Bitcoin as Property With Legal Protection
30.11.2020
The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court. Russia to Recognize Bitcoin as Property During...
Russian prime minister proposes legal steps to bring order to crypto market
26.11.2020
Russia’s prime minister proposed recognizing crypto as property under the nation’s tax code
Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams
26.11.2020
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin
Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire
25.11.2020
A poorly managed mining farm in St. Petersburg, Russia, set an apartment on fire and injured the operator, according to a report
Russia Proposes New Rules and Penalties for Cryptocurrency Owners
13.11.2020
The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. Russia’s New Crypto Regulation...
Russian Ministry Moves to Soften Requirements for Crypto Tax Reporting
12.11.2020
Russia's Ministry of Finance has proposed legal amendments that would relax planned tax requirements for crypto holders if passed
Russian Ministry Wants to Jail Citizens Who Don’t Declare Bitcoin Earnings
12.11.2020
An expert has claimed that the Russian Ministry of Finance’s plans to hit crypto holders with jail time if they fail to declare their earnings may be misguided – and said that while “dirty” crypto deals regularly go through unchecked in the country’s capital, the Kremlin may seek to punish ordinary...
‘Russian Dictators Will Use Blockchain to Rig Elections,’ Says Critic
10.11.2020
Russia’s new blockchain-powered voting systems could be exploited by unscrupulous politicians, becoming “tools” for the architects of rigged elections and voter fraud, a journalist has alleged.
The claims were made in a new column entitled “Blockchain for Dictators” by Sergei Golubitsky, an...
Bitcoin hits all-time high against Russian ruble
5.11.2020
Bitcoin has never been worth so many rubles
Russian Crypto Traders May Be Forced to Declare Earnings to the Taxman
5.11.2020
Russia’s parliament, the State Duma, will debate a new draft law that would force Russians to declare “electronic” asset earnings and holdings on overseas-based platforms – in a move that could potentially impact crypto traders.
Although the draft bill does not make specific mention of crypto...