The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transa...
Tag: Russian
Historic Shifts In Russian Energy Flows Bolstering China
Russian President Vladimir Putin looks at the screen with Chinese President Xi Jinping session … [+] during the Saint Petersburg Economic Forum SPIEF 2022, on June 17, 2022, in Saint Petersburg,...
Russian media watchdog unblocks crypto news site after money laundering claims
Roskomnadzor, the government agency that oversees Russia’s mass media, has allowed users to once again access a prominent Russian crypto news page. Bits.media, a Russian crypto-related news site, was ...
Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet – Bitcoin News
Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its represen...
Graff Diamonds pays $6.3 million in Bitcoin to Russian hackers
Graff Diamonds paid $6.3 million to Russian hackers after leaking the personal information of world leaders, Hollywood A-listers, and billionaire tycoons on its client list. The hackers made off with ...
Donetsk Governor Calls For Immediate Evacuation Amid Russian Advance
Topline Pavlo Kyrylenko, governor of Donetsk, urged the 350,000 remaining people to leave the province just one day after Russian President Vladimir Putin declared victory in Luhansk, a separatist reg...
Yum Brands says it is close to selling its Russian KFC business
A woman walks near closed KFC and McDonald’s restaurants that suspended their business in Russia due to the military invasion of Ukraine, April 16, 2022, in Moscow, Russia. Konstantin Zavrazhin ...
Video Shows First Kill By Ukraine’s Anti-Tank Artillery Round
A video shared on social media on Saturday shows an unusual weapon taking out a Russian vehicle, striking downwards at incredible speed and triggering an explosion inside. Close examination suggests t...
Russian government blocks crypto news site for ‘promoting money laundering’
Despite the rapid expansion of the cryptocurrency industry, digital assets like Bitcoin (BTC) and their promotion are not looked upon favorably everywhere, with the Russian government even blocking ce...
Russian media watchdog, Roskomnadzor, blocks crypto site
Roskomnadzor, a Russsian Media watchdog, blocked Bits.media from working for the vast majority of its audience in Russia this week. Bits.media is a renowned cryptocurrency website in Russia that publi...
Russian Media Censor Roskomnadzor Blocks Major Crypto News Website – Bitcoin News
Bits.media, a leading news outlet in Russia’s crypto space, has been blocked by Russia’s telecom and mass media watchdog, Roskomnadzor. The site is now inaccessible through most Russian internet provi...
German Regulator Fears Breakdown of Russian Gas Deliveries
(Bloomberg) — Warning of a potential total breakdown of Russian gas supplies, Germany’s top power grid regulator called for greater efforts to save energy. Most Read from Bloomberg There’s now a...
JPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian Cut
(Bloomberg) — Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts...
Vladimir Putin Says West’s Attempt to ‘Crush the Russian Economy’ Did Not Succeed – Economics Bitcoin News
Last week the Russian ruble hit a seven-year high against the U.S. dollar and while analysts have downplayed the rise, one economist said people should not “ignore the exchange rate.” American economi...
Here Are The Three Russian Oligarchs Who Have Spoken Out Against The War In Ukraine
Topline While most of Russia’s billionaires and oligarchs have chosen to remain silent or tacitly support Russian President Vladimir Putin’s ongoing invasion of Ukraine, a deluge of Western sanctions ...
Financial Companies Report First Deal With Digital Assets Under Russian Law – Finance Bitcoin News
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third p...
At Least 18 People Dead After Russian Missiles Strike Residential Building In Odesa
Topline At least 18 people were killed on Friday after a barrage of Russian missiles struck a residential building in the Ukrainian port city of Odesa, just days after another similar attack on a crow...
Russian central bank exec is OK with crypto mining under one condition
Kirill Pronin, head of the Russian Central Bank (CBR)’s department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions. A public acknowledgme...
Ukraine’s Weirdest Howitzer Drove Russian Troops Off Snake Island
The 2S22 in action on the coast. Ukrainian defense ministry photo The Ukrainian army’s rarest artillery played a pivotal role in finally driving Russian troops off strategic Snake Island in the wester...
Does Greece ‘Need’ Those Russian S-300 Missiles On Crete?
In early June, Greek Defense Minister Nikos Panagiotopoulos was unambiguous when he stressed that his country would not transfer its long-range Russian S-300 air defense missile systems stored on the ...
Lower House of Russian Parliament Passed Digital Assets Tax Legislation
6 hours ago | 2 mins read Bitcoin News Regarding DFAs, platforms are exempt from VAT, exactly like securities. Foreign-based corporations will be charged a higher 15 percent tax. In Russia’s State Dum...
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. Reuters reported on Wednesday that VTB Fa...
Russian Parliament Gives Approval on Tax Break for Digital Assets Issuers
Cryptocurrencies and digital assets issuers in Russia may no longer have to worry about Value Added Tax (VATs) payments moving forward, all thanks to the proposed draft law that has seen approval from...
Russian lawmakers approve tax breaks for cryptocurrency issuers: Reuters
A draft law that would exempt issuers of cryptocurrencies and digital assets from value-added tax (VAT) was approved by the Russian parliament on Tuesday. According to a Reuters report, the law would ...
Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales
The State Duma, the lower house of the Russian legislature, has passed a bill on the taxation of digital assets that exempts their sale from value-added tax (VAT) in the Russian Federation. Some other...
Russian Lawmakers Approve Tax Exemption Proposal for Digital Asset Issuers
A few days after Russian authorities presented a bill seeking to govern the illegal issuance of crypto if approved, the country’s policymakers have signed a proposed law to exempt token issuance from ...
Russian Parliament Adopts Tax Rules for Digital Assets – Taxes Bitcoin News
Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, th...
Whirlpool to dump its Russian business for deferred payments; What’s next for WHR stock?
On June 28, 2022, Whirlpool Corporation (NYSE: WHR) apparently agreed to sell its Russian operation for deferred payments. Namely, the buyer of the operation is Arçelik A.S. which will pay a sum of €2...
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 draft law, which establishes tax rates on income earned...
Russian Billionaire Deripaska Doubles Down On Ukraine War Criticism
Topline Billionaire Russian oligarch Oleg Deripaska condemned the Russian invasion of Ukraine on Tuesday, emphasizing the negative economic fallout of the war, a rare admission for an oligarch closely...