2022-1-26 16:45 |
Russian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia.
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Russian Central Bank and the Ministry of Finance’s adverse opinions lead to a restrictive policy instead of banning the use of cryptocurrencies. Per the Coindesk, the Ministry of Finance purposes a bill that limits the crypto transactions tied with licensed operators in Russia, adding peer-to-peer trading as illegal, while certified wallets are allowed. Related Reading […]
2022-2-25 11:44 | |
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The Federal Security Service of the Russian Federation along with the Investigation Department of the Ministry of Internal Affairs has reportedly shut down an "organized criminal community." It notThe post Russia: Authorities crack down upon hackers' group 'REvil', seizes $5.5 million appeared first on AMBCrypto.
2022-1-15 16:30 | |
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The Russian Ministry of Labor has reportedly banned government officials from owning and using cryptocurrencies. Officials have also been ordered to dispose of any cryptocurrencies they own by April.
2021-1-26 05:30 | |
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The Ministry of Labor of the Russian Federation ordered Russian officials to get rid of cryptocurrencies by April 2021. The decision is explained by high corruption risks.
2021-2-2 00:38 | |
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A crypto advocate group in Russia is lobbying for more friendly federal crypto law.
2020-12-10 17:37 | |
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The Ministry of Finance proposes amendments with fines or jail for hiding cryptocurrencies when submitting declarations.
2020-11-16 21:26 | |
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The Russian Ministry of Finance intends to make amendments to its tax law in a bid to clarify regulations surrounding crypto taxation. The ministry unveiled this news on November 11 through an article, noting that the proposed changes are necessary for the implementation of the rules embedded in the law on digital financial assets and digital currencies, which the country adopted in the summer of 2020.
2020-11-14 16:47 | |
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The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions.
2020-11-14 09:05 | |
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According to Izvestia, a Russian finance news site, the Ministry of Finance and Bank of Russia investigate other nations’ efforts in releasing a central bank digital currency (CBDC). The post, published on Monday, highlights some of Russia's advantages of launching its own digital ruble, including reducing the cost of transactions, more opportunities for cross-border payments, […] The post Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021 first appeared on BitcoinExchangeGuide.
2020-10-21 20:41 | |
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Cryptocurrency investors convicted in Russia for failing to declare their wallet details could face up to three years in jail, we can reveal today. They will also be liable to pay hefty fines as part of the punishment for breaching the new law proposed by the country’s finance ministry.
2020-9-26 17:53 | |
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The Russian Ministry of Finance has suggested changes to criminal law punishing undeclared crypto wallets holding more than 1 million rubles ($13,000, at press time). This comes as Russia increases regulation of crypto assets with sometimes contradictory statements.
2020-9-25 19:52 | |
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The Russian Ministry of Finance drafted laws to regulate cryptocurrencies and counter money laundering through digital assets. It proposes to introduce criminal liability for the lack of declaring cryptocurrencies.
2020-9-25 17:51 | |
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As first reported by a Russian news outlet, Izvestia, the Ministry of Finance in Russia, is proposing an amendment to the federal law on digital financial assets (DFA) that could see Bitcoin miners receive no rewards on their efforts.
2020-9-5 18:37 | |
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Russian authorities have proposed a set of amendments to the nation’s first crypto laws, most notably barring miners from receiving rewards. Representatives from the Russian Ministry of Finance made several amendments on Fri 4 Sep.
2020-9-5 16:31 | |
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Crypto mining is allowed, but payout in crypto is prohibited.
2020-9-3 11:52 | |
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Russia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market.
2020-6-12 22:05 | |
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Russian professional athlete from the Tomsk region became interested in cryptocurrency mining, but suffered from the scammer, the regional Interior Ministry said. A young man who professionally plays mini football decided to purchase a mining farm.
2020-5-9 18:33 | |
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Waves Enterprise, an enterprise-grade hybrid blockchain firm, recently got included in the Unified Register of Russian Software for Computers and Databases by the country’s Ministry of Communications.
2020-4-16 01:00 | |
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The Russian Federal Ministry of Economic Development has proposed new legislation that seeks to legalize crypto as well as blockchain-based initiatives through a special regulatory framework. The Ministry of Economic Development has already crafted and introduced a draft legislation to the State Duma, Russian Parliament, in a bid to enable the testing of blockchain and […]
2020-3-25 23:44 | |
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While crypto regulation is still quite murky in Russia, a ministry in the country is making a huge effort to improving the situation. According to prominent Russian publication, Izvestia, Russia’s Ministry of Economic Development recently published an official document on a draft framework for regulatory sandboxes.
2020-3-25 21:35 | |
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Russia’s Ministry of Economic Development is preparing a draft law to allow firms from various industries to experiment with crypto and blockchain in a regulatory sandbox
2020-3-25 16:59 | |
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While the Russian Ministry of Finance seeks to complete the project of the Bill “On Digital Financial Assets” (CFA) presented on February 25, 2018, The Central Bank of Russia hinders all its efforts to regulate cryptocurrencies, seeing them as an unjustified risk.
2020-3-18 18:34 | |
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The Russian government is considering enforcing a law to curtail the use of digital assets for criminal activities, local financial news outlet RBC reported on November 7. The Ministry of Internal Affairs of Russia, along with other relevant authorities, plan to roll out a legal mechanism that would allow seizure of virtual assets for confiscation […]
2019-11-8 00:46 | |
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Russia’s Ministry of Finance is considering the possibility of regulating cryptocurrencies into three distinct legal categories. The move would allow the country to regulate the industry much easier.
2019-10-2 14:27 | |
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The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said.
2019-7-2 18:00 | |
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The Russian Ministry of Finance is working in order to add new legislation to a bill related to virtual currencies. Apparently, this legislation would legalize cryptocurrency trading activities. This is according to a report from the Russian news outlet Interfax.
2019-6-24 20:25 | |
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Russian Ministry of Finance is considering allowing cryptocurrency trading in the Russian Federation
2019-6-23 21:23 | |
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The Russian Ministry of Transport signed a MoU with Maersk to introduce blockchain-enabled shipping solution TradeLens
2019-6-13 18:22 | |
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Crypto Pyramid Creator With Over 300 Fraud Cases Nabbed By Russian Police The Russian Police has arrested the creator of a crypto pyramid scheme. Accused of defrauding investors through his scam scheme, the pyramid creator the country’s ministry of internal affairs reports that he has over 300 fraud cases leveled against him. The scammer who […]
2019-5-29 22:02 | |
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The Russian Federation, which is yet to regulate digital assets, is now planning to allow four of its regions to test innovations that are not covered by its current legislation. A bill drafted by the Economy ministry envisages the establishment of regulatory sandboxes there.
2019-4-28 20:40 | |
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The Russian Ministry of Economic Development proposed to pilot the use of crypto as an experiment in Moscow and three Russian regions
2019-4-25 16:53 | |
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IBM and Maersk’s blockchain shipping solution will reportedly be trialed in Russia's second largest port following the Ministry of Transport’s approval
2019-2-27 02:20 | |
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Russia’s Ombudsman Tatyana Moskalkova has asked the Greek Ministry of Justice to extradite Alexander Vinnik to Russia due to his deteriorating health
2019-2-26 01:40 | |
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A January 30, 2019 report announced that the Russian Ministry of Education and Science has developed a blockchain-based platform to track the production of diamonds to ensure authenticity. New Mining Operations Local media group TASS reported on January 30, 2019, that the Russian Ministry of Education and Science has developed a diamond-tracking platform for theRead MoreRead More.
2019-2-1 15:00 | |
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An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation.
2019-1-21 22:48 | |
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Using cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles.
2019-1-18 22:01 | |
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Russia’s Ministry of Finance believes that creation of a single digital currency backed by Eurasian Union is inevitable due to U.S. sanctions
2018-12-22 21:33 | |
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The main demand of the Russian financial authorities for cryptocurrency companies is compliance with money antilaundering rules and fundamental absence of fraud, said the deputy head of the Russian Ministry of Finance.
2018-9-7 20:52 | |
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Russia’s Ministry of Internal Affairs is considering establishing criminal liability for unregistered crypto operations. According to a report dated August 23, 2018, the head of Russia’s Main Directorate for Drug Trafficking, Andrey Khrapov, has asked the country’s legislators to require that all cryptocurrency transactions exceeding 600,000 rubles (around USD 9000) be registered with or monitored by Russian authorities.
2018-8-30 17:00 | |
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Maintaining its positive, yet careful, stance on cryptocurrencies, the Russian Ministry of Internal Affairs is considering making all unauthorized cryptocurrencies a criminally-liable offense, according to local outlet Izvestia.
2018-8-26 07:00 | |
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Russian Ministry of Defense announces the launch of a lab designed to research and develop blockchain technology. As of now, the main focus will be to analyze how the technology can be used to detect cybersecurity attacks, according to a newspaper report published on Friday.
2018-7-3 10:21 | |
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The Russian Ministry of Defense is launching a blockchain research lab to examine how to combat cybersecurity threats.
2018-7-2 20:05 | |
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The Russian defense ministry gets on board with blockchain to uncover and prevent hack attacks.
2018-7-2 11:15 | |
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Taxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. The Finance Ministry has again clarified the applicable tax rules, while the State Duma is still fine-tuning the upcoming regulations.
2018-6-15 09:50 | |
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Dixon said creditors should fight to get out of the bankruptcy proceedings before the end of 2023, or before the price of BTC and ETH hit the estimated mark.
Historically, bear and bull market cycles in crypto tend to correlate with the amount of talent that enters the space.
Generation X billionaire businessman Ken Griffin says he thinks the “passion is misplaced when it comes to cryptocurrencies.”