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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...

Russian Central Bank Wants Banks to Flag Crypto Deals as ‘Suspicious’


Russia’s Central Bank has unveiled a plan to ask banks in the country to flag account holders who deal with cryptoassets as “suspicious.” Per news outlet RBC, the Central Bank has submitted a request to make amendments to the key 375-P protocol, a document that outlines the way that banks should...

Russian Parliament Could Pass Digital Financial Assets Bill Next Month


Source: iStock/Baris-Ozer Russia’s parliament, the State Duma, could pass its long-awaited crypto laws as early as March – and it appears that the impasse between pro-crypto businesses and the crypto-skeptic central bank may finally be over. Anatoly Aksakov, the chairman of the Duma’s financial...

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