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Binance Launches New Trading Pairs With Turkish Lira & Russian Ruble


Binance has announced the addition of four new trading pairs supported by two fiat currencies, namely Turkish Lira (TRY) and Russian Ruble (RUB). The newly included trading pairs are ETH/TRY, XRP/TRY, USDT/TRY, and USDT/RUB. Trading with these new pairs was kickstarted on December 25, 2019, at 8...

Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property


A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto...

Greek Court Suspends Decision to Extradite Alexander Vinnik


The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through...

Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations


Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over...

Russian Authorities Charge Two Anonymous Crypto Scammers


Ever since the popularity of cryptocurrencies has seen a tremendous jump in the financial market, the rate of crimes, frauds, and illicit activities concerning digital assets have also surged up at an equally fast pace. In a recent incident, the regulatory authorities held two Russian citizens...

Russia’s Hydra Darknet Marketplace Plans $146M Token Sale


According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory...

Russian Govt Official: Crypto Regulation is the International Issue


Russia should not “run ahead” of other countries and take the role of a global trendsetter in crypto regulation due to financial crime risks, according to Yuri Chikhanchin, the director of the Federal Financial Monitoring Service (Rosfinmonitoring). Speaking at the Federation Council, the upper...

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...

Russian Crypto Law Could Sideline Bitcoin, Ethereum and Other Altcoins


As Russia's crypto legislation is taking a confusing shape, local experts do not rule out that it might effectively stop Russians from legally trading in Bitcoin, Ethereum and other major altcoins on regulated domestic exchanges. “Until the full text of the amended bill is published, it...

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