Bitcoin 12/07/21 22:48 by Olivia Brooke

Is Bitcoin On The Verge Of Landing In President Biden’s Bad Books?

The former President of the United States, Donald Trump, had made it very clear where he stood with digital currencies. Clearly, Trump was not a fan of Bitcoin which he had branded “a scam against ...
Read More

Crypto 08/07/21 18:20 by Asad Gillani

Russia Plans To Impound Unlawfully Acquired Cryptocurrencies

The Russian prosecutor general allegedly reports that cryptocurrencies are being utilized for bribing. As a result, Russia introduced cryptocurrencies into its legal system and as a taxable value in 2...
Read More

Crypto 08/07/21 13:47 by Ruholamin Haqshanas

Russia to Bring More Legislation to Crypto — New Bill Allows Crypto Confiscation

Russian officials aim to develop a new set of amendments that would authorize the government to confiscate crypto assets, as per a report by a local media outlet. Igor Krasnov, the Prosecutor General...
Read More

Bitcoin 03/06/21 18:53 by Nick James

The Biggest Online Bank In Russia Wants To Offer Bitcoin To Its Wealthy Clients, But There’s A Problem

A top online banking institution in Russia, Tinkoff is interested in offering investors an opportunity to invest in cryptocurrencies, but it appears that this quest will be troubled by the highly unc...
Read More

Bitcoin 24/05/21 16:34 by Brenda Ngari

Good News For Bitcoin Bulls As Russian Lawmakers Consider Reversing Ban On Crypto Payments

Russians looking forward to incorporating digital assets like bitcoin into their lives have recently received spectacular news, as the country’s lawmakers are now apparently considering allowing cr...
Read More

Mining 15/03/21 15:00 by Erie Maxwell

Crypto Mining Surge: Is Russia the Next Crypto Mining Hub

Crypto mining activities come with a challenge, it is a power-consuming task, and the problem miners are having with local authorities where crypto assets and facilities are located is energy consump...
Read More

Other 11/03/21 18:16 by Brenda Ngari

Bank Of Russia To Launch Prototype For Its Digital Ruble Later This Year

Russia is moving a step closer to introducing a Ruble-backed digital currency. A senior executive at Russia’s central bank, the Bank of Russia, has indicated that the bank is planning to unveil a p...
Read More

Bitcoin 07/12/20 19:32 by Erie Maxwell

Infamous Alexander Vinnik Sentenced To 5 Years In Prison For Bitcoin Laundering

Alexander Vinnik, the alleged owner and operator of defunct crypto exchange BTC-e, has been sentenced to five years in prison for money laundering involving Bitcoin. He will also pay 100,000 euros (a...
Read More

Crypto 28/11/20 01:03 by Brenda Ngari

Russia To Introduce A “Civilized Direction” For The Crypto Market And Protect Users From Scams

The Russian government is planning to lead the development of the local cryptocurrency market in a “civilized direction” in a bid to protect users, the nation’s prime minister, Mikhail Mishusti...
Read More

Crypto 05/11/20 22:04 by Steve Muchoki

ByBit Cryptocurrency Exchange Becomes the Champion Partner for Borussia Dortmund

ByBit cryptocurrency exchange has strategically partnered with one of the greatest and most revered German football club, Borussia Dortmund, as its international champion partner. Although footbal...
Read More

Crypto 31/10/20 18:22 by Brenda Ngari

Russian Bank Gazprombank Receives Authorization To Launch Institutional Cryptocurrency Services In Switzerland

Gazprombank, a Swiss-based bank that is a subsidiary of Russia’s largest government-owned energy behemoth, Gazprom, has received the green light to provide cryptocurrency services to institutional ...
Read More

Other 24/10/20 17:34 by Brenda Ngari

Russia To Conduct A Pilot Of Its Digital Ruble By End Of 2021: Senior Bank Of Russia Official

Countries around the world have shown great interest in developing central bank digital currencies (CBDCs), with a good number of central banks already in the process of creating digital versions of ...
Read More

Crypto 14/10/20 18:01 by Brenda Ngari

Russia’s Central Bank Wants To Limit The Amount Of Crypto Unqualified Investors Can Buy Annually

Russia has been at different times hostile, unsure, or inconsistent with its stance on cryptocurrencies. In early August, reports claimed that Russian leader Vladimir Putin had signed a law that lega...
Read More

Crypto 25/09/20 16:53 by Brenda Ngari

Russian Crypto Investors To Face Up To Three Years In Jail If They Fail To Report Wallet Balances To Tax Authorities

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...
Read More

Bitcoin 25/09/20 14:13 by Samuel Wan

Bitcoin Community Reacts to Russia’s Criminalization of Undeclared Crypto Activity

Bitcoin is not welcome in Russia. The Central Bank of Russia, this year, put in place legislation that bans the issuance and circulation of cryptocurrencies. But officials in the country accept that a...
Read More

Mining 04/09/20 13:38 by Brenda Ngari

Brutal Blow To Miners: Russia’s New Draft Law Will Ban Crypto Completely And Prohibit Miners From Receiving Rewards

The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia ...
Read More

Bitcoin 05/08/20 14:14 by Vincent Mislos

Putin Reportedly Signs Law Legalizing Digital Assets, Including Bitcoin In Russia

According to RT News, Russian President Vladimir Putin has reportedly signed into law the landmark crypto bill “On Digital Assets,” which effectively provides legal status to cryptocurrencies in ...
Read More

Crypto 23/07/20 13:53 by Olivia Brooke

The Use Of Cryptocurrencies Will No Longer Be Criminalized In Russia

The Russian cryptocurrency ecosystem is gleefully celebrating a newly achieved milestone as lawmakers in Russia passed the bill that has now decriminalized the use and of digital currencies in the co...
Read More

Bitcoin 20/07/20 16:51 by Bernice Nyambura

‘World’s Most Wanted Man’ Jan Marsalek Is Reportedly Moving Bitcoin Funds In Russia

The latest update on the whereabouts of former Australian Chief Operating Officer of Fallen German fintech company Wirecard, says that he is in a hideout in Russia, transferring large sums of Bitcoin...
Read More

Bitcoin 02/07/20 22:35 by Adrian Klent

Russian Court Dismisses 100 BTC Theft, Says Cryptocurrencies Have “No Legal Status”

A Russian media outlet has reported a case of cryptocurrency theft which was waved off by a court in Russia. The Petrograd District Court of St. Petersburg made its ruling on the 30th of May as it br...
Read More

Bitcoin 05/05/20 08:27 by Samuel Wan

Russia Tops Peer-to-Peer Bitcoin Volume Despite Strict Restrictions, Surprising Data Finds

Russia stands out as the global leader in Bitcoin volume, according to CryptoDiffer. The research firm compiled data from LocalBitcoins, a widely-utilized peer-to-peer cryptocurrency exchange. BITCOI...
Read More

Bitcoin 24/03/20 19:35 by Brenda Ngari

Russian Ministry Welcomes Bitcoin Legalization, Introduces Regulatory Sandbox For Crypto Testing

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�...
Read More

Crypto 17/03/20 16:34 by Marco Tulio

Central Bank of Russia Continues to Fight Against the Legal Use of Cryptocurrencies

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 ...
Read More

Crypto 30/12/19 19:26 by News Desk

The Russian government took a step towards the blockchain: what are the prospects for 2020?

As it became known this week, roadmaps for blockchain technology and quantum sensors were sent by the Russian government for revision. The corresponding statement following the Global Technology Lead...
Read More

Other 12/12/19 11:00 by Anatol Antonovici

Russia’s Silk Road to Hold ICO, Exit Scam Attempt?

Hydra, Russia’s biggest dark web marketplace, announced its plans to develop an international, decentralized marketplace for illegal products. To achieve this goal, Hydra intends to conduct an initi...
Read More

Crypto 30/11/19 14:30 by Anatol Antonovici

Russia: De Facto Crypto Ban Will Be Hard to Achieve, Official Says

Russia may prohibit crypto payments for goods and services, but achieving such a ban might be quite difficult. This is the conclusion of Anatoly Aksakov, Chairman of the State Duma Committee on Financ...
Read More

Crypto 30/11/19 08:34 by Martin Young

Why is Russia Mirroring China’s Anti Crypto Stance?

Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central ...
Read More

Crypto 27/11/19 13:05 by Lubomir Tassev

Russian Tax Authority Registers Crypto as Part of a Company’s Capital

A company has blazed a trail in Russia, successfully convincing the country’s tax agency to accept that its equity capital now includes cryptocurrency. The change in the ownership distribution h...
Read More

Other 16/11/19 11:06 by Emilio Janus

BBC Investigation Links Russia’s FSB To $450M Exchange Collapse

A BBC investigation has spiked on the exchange, before customer withdrawals were frozen. The exchange finally shut down towards the end of 2018. Wex Sprang From the Ashes Of BTC-e Wex had only come in...
Read More