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Russian Banking Disclosure May Drive More Citizens to Crypto


The Russian government has revealed plans that could see it gain access to citizens’ confidential banking data – in a development that some think will drive Russians a step closer to cryptocurrencies. The move comes shortly after forecasts indicated that socially distancing Russians, whose...

Russian Economy Ministry ‘Wants to Legalize Crypto’ in Sandboxes


Russia could be set to legalize cryptocurrencies for companies and investors operating in new, industry 4.0-friendly regulatory sandboxes. Per news outlet Izvestia, the country’s Ministry of Economic Development wants to add a range of new provisos to sandbox-related legislation submitted last week...

Could the Russian Central Bank Try to Ban Bitcoin Mining?


Cryptocurrency enthusiasts and business insiders have reacted with alarm to a recent interview given by the head of the central Bank of Russia’s legal department hinting that cryptocurrencies could be outlawed in the country – leading to a possible block on Bitcoin (BTC) and altcoins mining. Recent...

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