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Russian Bitcoin critic says he would have bought BTC for 100 rubles
3.6.2021
One of the biggest Bitcoin critics, Russian official Anatoly Aksakov said he wanted to buy Bitcoin before the ban but the price was too high
Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia
29.5.2021
A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic...
Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’
28.5.2021
The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and said...
Russian Lawmakers Move to Allow Crypto Payments Under Contracts
24.5.2021
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend...
Best Goal Scorer at Euro Soccer Championship to Get NFT Trophy From Gazprom
24.5.2021
The player with the best goal at Europe’s international soccer championship this summer will be awarded a special prize. European football’s governing body, UEFA, and the tournament’s sponsor, Russia’s Gazprom, are behind the initiative to present the winner with an...
France Rejects Russian Request to Extradite BTC-e Operator Alexander Vinnik
22.5.2021
Judicial authorities in France have refused to grant the extradition request filed by Russia for Alexander Vinnik. According to the Russian Ombudsman, Vinnik is now ready to start a new hunger strike despite his health deteriorating after spending almost four years in detention. Court Case Against...
Bank of Russia to Launch Digital Ruble Prototype by End of Year
21.5.2021
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on...
Election Candidates in Russia to Disclose Crypto Investments, New Bill Suggests
20.5.2021
A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchase they and their families make, if the total...
New bill would require candidates in Russian elections to declare crypto
19.5.2021
The bill must still go through two readings in the Duma before going to the Federation Council
Bank of Russia Tests Services Related to Cryptocurrencies
9.5.2021
Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory...
Russian Media Outlet Asks for Crypto Donations After Being Labeled ‘Foreign Agents’ by the Kremlin
1.5.2021
Russian authorities have recently labeled one of the leading independent media outlets in the country as a “foreign agent.” Such a maneuver led Meduza to set up a fiat and crypto fundraiser to survive the consequences of labeling. Fund Will Accept Donations in Bitcoin, Ethereum,...
21% of Muscovites think crypto and digital currencies will replace fiat in ten years
28.4.2021
According to a recent poll, 14% of Russians think crypto will replace fiat in 10 years, while 39% think it's impossible to give up cash
Russian space agency uses blockchain to protect intellectual property
27.4.2021
Roscosmos is the first organization to test Waves Enterprise’s IP Guard solution
Survey: 14% of Russians Think Cryptocurrencies Will Oust Fiat in 10 Years
27.4.2021
A new survey revealed the different stances of Russians toward cryptocurrencies and fiat currency. Specifically, some of the respondents believe digital assets will replace fiat in ten years. Residents in Moscow Believe Cryptos Will Replace Fiat, While Others Are Skeptical According to Nord News...
OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread
18.4.2021
Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some...
Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining Power
13.4.2021
On April 12, the international provider of colocation services for low-carbon cryptocurrency mining Bitriver announced it is launching a pre-sale of tokens backed by 100 megawatts (MW) of mining power in Siberia. The ERC20 tokens called “bitriver token (BTR)” will represent a single...
More Russians are disclosing their cryptocurrency incomes: report
8.4.2021
Consulting firms like PwC Russia said that Russians have been increasingly reporting their income from cryptocurrency operations
Russian lobby group launches new campaign against anti-crypto laws
6.4.2021
According to Russian crypto advocates, the existing laws “do not meet the needs” of the cryptocurrency market
Digital ruble is ‘highest form of money’, Russian Bitcoin critic says
30.3.2021
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted
Russia Wants to Use the Digital Ruble to Power its USD Purge
30.3.2021
The politician charged with putting together Russia’s crypto regulation legislation and forming the nation’s financial policy has spoken about the need to purge the United States dollar from the economic system – and has called the forthcoming digital ruble a “higher form of money.”
Speaking in...