Putin Bans Crypto Payments in Russia

Russian President Vladimir Putin has signed a bill into law making crypto payments illegal, reaffirming the ruble as the only accepted monetary unit in the Russian Federation. Domestic Crypto Payments... дальше »

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Vladimir Putin signs bill banning digital assets as payments into law

Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions. дальше »

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Vladimir Putin Bans Digital Payments in Russia

Russia president Vladimir Putin has signed a bill that adds to a previous prohibition against cryptocurrency payments in the country. дальше »

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Russian’s Central Bank and Ministry of Finance clash over stablecoins

A representative of the Central Bank of Russia (CBR) said private stablecoins are fraught with risks as the underlying pool of assets “does not belong to the owner. ” In turn, this potentially means face value redemptions are not guaranteed. дальше »

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Gold’s Fungibility Faces Diplomatic Scrutiny While Bitcoin Stands As A Safe Haven

The fungibility of the legacy sound money has come under fire as Western nations seek to delegitimize gold mined in Russia. дальше »

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Bank of Russia opposes private stablecoins in the country

Russia's central bank sees the digital ruble as the only technological payment option to support.

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US Diplomats Target Japanese Crypto Companies in Russia

The United States has appealed to Japan to dial up the pressure on its cryptocurrency exchanges doing business with Russia. The post US Diplomats Target Japanese Crypto Companies in Russia appeared first on BeInCrypto. дальше »

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US diplomats call on Japan's crypto exchanges to cut ties to Russia: Report

The FSA and Japan’s Finance Ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment. дальше »

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The Moscow Exchange is a good base for crypto trading, Russian lawmaker says

MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said. дальше »

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Web3 Delight Lagos – Breaking barriers to pave the way for the digital future

Lagos, Nigeria – SwiftMotion Media, a fully capitalized micro-VC, an investment arm of the UAE-based management consultancy Agile Dynamics, presents Web3 Delight Lagos. This in-person and online event takes place on July 29th, 2022, featuring speakers from Ecuador and Mexico, the US and Russia to Serbia, and the United Arab Emirates to South Korea. дальше »

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Crypto And Digital Assets Issuers Are Exempted From VAT In Russia Now

Russia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house of Russian legislature, The State Duma has passed this bill. дальше »

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Russian Lender Executes Country’s First Digital Asset Transaction

One of the largest state banks in Russia, VTB, reportedly executed the country's first cash-backed digital financial asset transaction with a fintech company. The post Russian Lender Executes Country’s First Digital Asset Transaction appeared first on BeInCrypto. дальше »

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Russia approves tax exemptions for issuers of cryptocurrency

The lower house of the Federal Assembly of Russia approved a draft bill on June 28 that could exempt cryptocurrency issuers from Value Added Tax (VAT). The post Russia approves tax exemptions for issuers of cryptocurrency appeared first on CryptoSlate. дальше »

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Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

Russia is turning to blockchain technology in an effort to counteract the economic isolation brought on by the sanctions imposed due to its invasion of Ukraine. дальше »

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Russian Lawmakers Approve Draft Law Amending Crypto Taxes

Lawmakers in Russia have approved a draft law potentially removing value-added tax from the issuance of digital assets and cryptocurrencies. The post Russian Lawmakers Approve Draft Law Amending Crypto Taxes appeared first on BeInCrypto. дальше »

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Gold-Backed Stablecoin Can Help Russia Circumvent Sanctions, Government-Owned Bank Suggests

Researchers at Russian bank VEB suggested the country issues a gold-backed stablecoin for international payments to evade sanctions. дальше »

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Web3 Delight Lagos – Breaking Barriers to Pave the Way for the Digital Future

Lagos, Nigeria – SwiftMotion Media, a fully capitalized micro-VC, an investment arm of the UAE-based management consultancy Agile Dynamics, presents Web3 Delight Lagos. This in-person and online event takes place on July 29th, 2022, featuring speakers from Ecuador and Mexico, the US and Russia to Serbia, and the United Arab Emirates to South Korea. дальше »

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Russia Develops Blockchain System to Replace Swift

Russia seems to be getting around the Swift ban using blockchain tech.

The post Russia Develops Blockchain System to Replace Swift appeared first on BeInCrypto.

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BitRiver And Russian Oil Giant Team Up To Power Data Centers

The third-largest oil producer in Russia has joined forces with BitRiver, a bitcoin mining business based in Switzerland, to mine bitcoin utilizing spare resources. BitRiver will construct the digital infrastructure at the Russian oil fields of Gazpromneft as part of a new partnership. дальше »

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Russian Energy Giant Taps BitRiver to Mine Bitcoin Using Flared Natural Gas

Russia's third-largest oil producer inks agreement with green crypto mining hosting company BitRiver to set up mining facilities on oil fields. The post Russian Energy Giant Taps BitRiver to Mine Bitcoin Using Flared Natural Gas appeared first on BeInCrypto. дальше »

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Russia seems to be preparing to mine Bitcoin with flare gas

One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining. дальше »

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Third Largest Russian Oil Company Gazpromneft Partners With BitRiver To Mine Bitcoin

Gazpromneft, the third-largest oil producer in Russia, is partnering with Swiss-based bitcoin mining company BitRiver to mine bitcoin with excess resources. дальше »

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Russian Central Bank: Bitcoin, Crypto Payments For International Settlement Is “Possible”

The head of Russia’s central bank recently discussed that using bitcoin and other cryptocurrencies for international settlement is a possibility. дальше »

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Russia's Gazpromneft and BitRiver Partner to Develop Crypto Mining Operations

The natural gas giant will provide energy to crypto mines set up by BitRiver. дальше »

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Bank of Russia backs cross-border crypto payments vs. domestic trade

Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said. дальше »

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How Russia’s Invasion of Ukraine Is a Litmus Test for Cryptocurrency Exchanges

The exchanges have resisted blocking Russian users from using their services. But technology exists that would enable them to maintain their principles and identify bad actors. дальше »

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Constraints to Realigning Supply Chains

Efforts to diversify global supply chains have run into logistical challenges from the pandemic and Russia's invasion of Ukraine. дальше »

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Russia Ignores Crypto Mining Energy Consumption, Looks Towards Regulation

According to Interfax News Agency, the deputy head of the ministry of industry and trade, Vasily Shpak has given Russia’s unambiguous position on the regulation of Crypto Mining, during a speech at the United Russia discussion platform. дальше »

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Russia Is Open To Bitcoin, Crypto For International Payments

A senior official from the Central Bank of the Russian Federation said it is open to using bitcoin and other cryptocurrencies for international payments. дальше »

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Russia May Turn to Crypto to Pay Off Its Foreign Debt as Sanctions Mount

US Treasury Department officials announced that Russia would no longer be able to pay bondholders through US banks after May 25, 2022 due to sanctions imposed by the Biden administration for its invasion of Ukraine. дальше »

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Russia Goes Bullish On Bitcoin As It Mulls Using Cryptos For International Transactions

Russia’s ministry of finance is considering the possibility of using cryptocurrencies like Bitcoin in conducting international payments. дальше »

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Ukraine to launch an NFT collection to raise funds

While the war-wracked Ukraine is still putting up a tough fight against Russia, the nation plans to use non-fungible tokens once again to gather funding for humanitarian needs. According to the most recent announcement, the Zelenskiy NFT, a new digital art collection, will soon be presented to a large audience. дальше »

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Crypto Market Plunge Hits Ukraine’s Stash But Doesn’t Deter Crypto Interest

Due to their unique advantages over fiat, Cryptocurrencies have played a vital role in the conflict between Russia and Ukraine. In truth, Ukraine has bankrolled part of its war effort from crypto donations. дальше »

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Gov't says crypto miners consume 2% of total electricity in Russia

Crypto mining falls under the “gray zone” in Russia, which means even though it’s not banned, it doesn’t fall under the purview of law which could pose risks for those involved. дальше »

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Russia contemplates allowing crypto for international payments

Russia is considering embracing crypto for international payments to help counter the impact of western sanctions. The post Russia contemplates allowing crypto for international payments appeared first on CryptoSlate. дальше »

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Russia ‘Actively Discussing’ The Use Of Cryptocurrency In International Trade: Report

Russia’s Ministry of Finance is ‘actively considering’ the use of digital currencies for international payments, a government official reportedly said. дальше »

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Amid sanctions, Russia weighs crypto for international payments: Report

Moscow has adopted a positive stance toward digital assets after its invasion of Ukraine triggered a sharp response from Western nations in the form of sanctions. дальше »

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Is Russia Going To Legalize Crypto As A Form Of Payment? Court Sets Precedent In New Verdict

The City Court of St. Petersburg in Russia made a judgement that legally acknowledged digital assets less than a week after the Russia’s Industry and Trade Minister Denis Manturov said that Russia would definitely legalize crypto as a means of payment. дальше »

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One Year Later, DeFi Bear Market Shows No End in Sight

Due to shaky macroeconomic conditions accelerated by Russia’s Ukraine invasion in February, risk-on like equities and crypto have trended down throughout 2022. However, one crypto niche has suffered for longer... дальше »

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Russia's updated crypto mining bill cuts tax amnesty for Bitcoin miners

Legislators in the lower house of Russia's parliament also dropped the notion of a special register for mining operators.

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Deplatformed by PayPal, Antiwar Journalists Speak Out

“If they can do this to us, they can do it to you,” says a writer whose outlet has challenged the neat narratives around Russia’s invasion of Ukraine. дальше »

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Russian minister says crypto to become means of payment ‘soon’

Russia’s minister of industry and trade, Dennis Manturov, believes it’s only a matter of time before crypto becomes a means of payment in the country, Reuters reported. The post Russian minister says crypto to become means of payment ‘soon’ appeared first on CryptoSlate. дальше »

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Russia To Legalize Cryptocurrency As Form Of Payment, Minister Says

Since January 1 of last year, cryptocurrencies have been legal in Russia, however they cannot be used to purchase goods or services. Russia recently enacted a new cryptocurrency law that, although falling short of the previous cryptocurrency prohibition, nonetheless maintains rigorous limits on the usage of cryptocurrencies as a form of currency. Fast forward 16 […] дальше »

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Russia will inevitably legalize crypto payments says trade minister

“The question is when this will happen, how it will happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this,” said trade minister Denis Manturov. дальше »

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Russia Legalizing Bitcoin And Crypto Is A Matter of Time, Says Minister of Industry And Trade

Denis Manturov, Russian minister of industry and trade, explains that legalizing bitcoin and other cryptocurrencies as payment will happen given time. дальше »

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Digital Ruble: 5 Unobvious Consequences of a Launch in Russia

Digital ruble: Recently, Russia began testing a new type of money. The prototype was presented at the end of 2021. What happens next? The post Digital Ruble: 5 Unobvious Consequences of a Launch in Russia appeared first on BeInCrypto. дальше »

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Cardano (ADA) Could Slide Back To $0.40 – But $0.68 Still Doable

Cardano (ADA) price looks bullish as it does a U-turn on Monday following negative economic spikes from China getting crypto traders all worried. In addition, many major corporations are exiting Russia, including McDonald’s. дальше »

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Supply Chain Strategy Collides with Pandemic Reality

Efforts to diversify global supply chains are being challenged by the pandemic, trade tariffs and Russia's invasion of Ukraine. дальше »

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Five State Regulators Issue Emergency Orders to Shut Down Metaverse Casino

Regulators in five American states have issued cease-and-desist orders to a digital casino with links to Russia marketing NFTs to Americans. The post Five State Regulators Issue Emergency Orders to Shut Down Metaverse Casino appeared first on BeInCrypto. дальше »

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5 state regulators allege organization is tied to Russia, scamming users using metaverse casino

"The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds," said the regulators. дальше »

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