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Russian Anti-Money Laundering Body Will Monitor Crypto to Fiat Transactions, Says Official
28.3.2021
Herman Neglyad, the deputy of the Russian anti-money laundering body, Rosfinmonitoring, has said his organization will monitor cryptocurrency transactions that involve the conversion from crypto to fiat. Neglyad made this revelation during a recent meeting of the State Duma Committee on financial...
Russia’s Hermitage museum to host NFT art exhibition
26.3.2021
The NFT exhibition will be part of the “Hermitage 20/21” project
Russia's money laundering watchdog monitoring crypto to ruble transactions
24.3.2021
Rosfinmonitoring has informed the Russian parliament that it is paying close attention to transactions involving the conversion of crypto to rubles
Russia & China vs. USD, Fed's Chair on Bitcoin, FATF Aims at DeFi + More News
22.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Fiat news
During his visit to China, Russian Foreign Minister Sergei Lavrov called for Moscow and Beijing to reduce their dependence on the...
Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers
19.3.2021
The Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking measures to prevent illegal activities on cross-border transfers with cryptos. Putin Calls Other Offices to Join the Fight...
Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’
18.3.2021
The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a Unified Governmental...
Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets
17.3.2021
Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity
EAEU unlikely to find common ground on crypto regulation, official says
17.3.2021
The Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations
MP Claims that Russia’s Crypto Tax Threshold Is Subject to Change
16.3.2021
Russian parliamentarians could be set to alter the soon-to-be-imposed legal threshold for crypto tax declarations, a State Duma committee member has conceded.
As previously reported, lawmakers have previously voted in favor of a bill that would force crypto traders to declare total annual earnings...
The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
13.3.2021
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled...
Russian protest group Pussy Riot sells NFTs for latest single 'Panic Attack'
12.3.2021
The Russian protest group Pussy Riot is auctioning four non-fungible tokens tied to a new single in order to support a shelter for victims of domestic violence
Video Cards, Crypto Mining Facility Demand Soars in Russia
11.3.2021
The demand for video cards and ready-made bitcoin (BTC) and altcoin crypto mining centers is rising astronomically in Russia as more people in the nation flock to the fast-expanding sector.
Per a report from the media outlet Gazeta, data from the Russian e-commerce platform Avito revealed that last...
Bank of Russia to start digital ruble trials in 2022
11.3.2021
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021
The number of Bitcoin ATMs in the US rose 177% over the past year
10.3.2021
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020
Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud
6.3.2021
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...
Gazprom Neft uses blockchain tech to streamline aircraft refueling
1.3.2021
Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions
Duma Committee Chief Throws up Roadblock to Russia’s Crypto Tax Plans
25.2.2021
A parliamentary legislation committee leader has stated that there is a need to provide with legal status and legally binding definitions for crypto-related terms in Russia before proceeding with further tax-related lawmaking and regulation. The move potentially throws a spanner into the works...
What Russian journalists can learn from Navalny's Bitcoin wallet
25.2.2021
As the Kremlin sequesters funds to the opposition, Bitcoin serves to run blockades
Russian Orthodox Church will not accept Bitcoin in offering plate
23.2.2021
A church spokesperson said it was also unlikely the church would release its own digital currency
Russian Bill to Recognize Cryptocurrencies as Property Advances in Parliament
22.2.2021
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia...