RUSSIA

Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM
Russia

Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM

The Russian government said it will not follow China's comprehensive ban on cryptocurrency and has no plans to prohibit investors from buying cryptocurrencies in the foreign exchange market.

Russia To Introduce Laws Regarding the Confiscation of Crypto Assets
Russia

Russia To Introduce Laws Regarding the Confiscation of Crypto Assets

Russia Prosecutor General Igor Krasnov said that the administration is preparing to introduce legislative amendments to the confiscation of illegal digital assets by law enforcement agencies, according to TASS.

Russia’s Tinkoff Faces Regulatory Challenges to Offer Crypto Investments
Russia

Russia’s Tinkoff Faces Regulatory Challenges to Offer Crypto Investments

Tinkoff's CEO complained that Russia's biggest online bank is unable to offer cryptocurrencies for clients due to the tough stance from Russia's central bank.

Forum Blockchain Life 2021
Russia

Forum Blockchain Life 2021

Sixth biggest offline event on blockchain,cryptocurrencies and mining - Blockchain Life 2021 - takes place on April 21-22 in Moscow

Russia’s Detained Opposition Leader Alexei Navalny receives $120,000 in Bitcoin Donations as Protests Rage in Moscow
Russia

Russia’s Detained Opposition Leader Alexei Navalny receives $120,000 in Bitcoin Donations as Protests Rage in Moscow

Russian’s are using Bitcoin to support detained political opposition leader Alexei Navalny who was recently arrested on Jan. 17 as thousands protest in Moscow for his release.

Russian Prime Minister Calls for Civilized Approach to Crypto Regulation
Russia

Russian Prime Minister Calls for Civilized Approach to Crypto Regulation

Mikhail Mishustin, the Russian prime minister, has stated that the cryptocurrency market ought to be advanced in a civilized manner.

COVID-19 Pandemic-Induced Crisis is Pushing CBDC Adoption, says Bank of Russia
Russia

COVID-19 Pandemic-Induced Crisis is Pushing CBDC Adoption, says Bank of Russia

Financial regulators are keeping a keen eye on central bank digital currencies (CBDCs) because they see them as silver linings.

The Bank of Russia Says CBDC Will Eliminate Challenges Caused by Cryptocurrencies
Russia

The Bank of Russia Says CBDC Will Eliminate Challenges Caused by Cryptocurrencies

An executive working at Russia’s Central Bank has stated that a Central Bank Digital Currency could serve as a response to problems being created by cryptocurrencies.

Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021
Russia

Russian Civil Servants Required to Declare Crypto Holdings Beginning in 2021

Russia’s public officials will be obligated to declare all their private cryptocurrency and digital asset holdings, effective from the start of 2021.

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War
Russia

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

The United States National Security Council has named distributed ledger technology (DLT) as one the most critical focus areas in its tech war with China and Russia.

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors
Russia

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.

Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data
Russia

Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data

Roskomnadzor has blacklisted crypto exchange Binance for what it deems as “containing information prohibited for distribution in Russia.

Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters
Russia

Russia Updates Regulations on Crypto Transactions, Harsh Fines Reserved for Defaulters

Russia’s Ministry of Finance has issued an amendment to its current cryptocurrency regulations. The amendments also come with stricter sanctions.

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate
Russia

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.

Corrupt Cop Sentenced to Prison for Accepting Bitcoin Bribe from Dark Web Drug Dealer
Russia

Corrupt Cop Sentenced to Prison for Accepting Bitcoin Bribe from Dark Web Drug Dealer

A former police officer has been sentenced to 8 years in prison for accepting a Bitcoin bribe from a dark web dealer, in exchange for his professional services.