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Senior Russian MP Suggests Trading Gas and Oil for Bitcoin


  A senior Russian politician has suggested turning to bitcoin (BTC) as an alternative to the USD in international energy exports and trade deals. The comments were made by Pavel Zavalny, a member of the ruling United Russia Party and the Chairman of the State Duma (Russia’s parliament) Committee...

Russian Law Requires Election Candidates to Disclose Their Crypto Assets


The Russian parliament has adopted a new law obliging persons running for office to present information about their digital asset holdings. The legislation will amend a number of acts and apply to presidential and parliamentary candidates as well as government officials. Russian Politicians...

Wex Exchange Co-Owner Reportedly Detained in Russia


Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the detained person is one of the owners of Wex, successor of the infamous BTC-e exchange. Owner of...

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