Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrenci...
Tag: Russias
Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments – Regulation Bitcoin News
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrenci...
Will Ukraine Be Russia’s Next Afghanistan?
Having recognized two breakaway regions held by rebels in eastern Ukraine, President Putin has ordered Russian forces to move into them for ‘peacekeeping’ operations. Given the regular violations of t...
Binance joins Russia’s Bank Association as its first crypto member
Cryptocurrency exchange Binance has become the first crypto-centric entity to join the Association of Banks of Russia (ABR), the company announced last Friday. “Binance, the world’s leading blockchain...
Cryptocurrency regulations are required, says Russia’s finance ministry
On February 21st, Russia’s Finance Ministry proposed banning cryptocurrencies and crypto mining. The minister submitted legislation for digital currencies. He believes that cryptocurrencies are a grea...
The big picture behind Russia’s draft law for crypto-regulations
It’s natural to be excited when a country announces it is working on a crypto-regulation law or even a draft law. However, crypto-lovers and investors need to pause and take a closer look before concl...
Dow Jones Futures Fall; Russia’s Putin Recognizes Ukraine Separatist Regions
Dow Jones futures fell sharply Monday afternoon, along with S&P 500 futures and Nasdaq futures. Russian President Vladimir Putin recognized two separatist regions of Ukraine as independent, sendin...
Russia’s Vkontakte boosts NFTs with 350M users platform
TL;DR: Breakdown Russian social media network Vkontakte plans to support NFTs.with its 350M users. NFTs will be integrated into Vkontakte’s platform to influence the crypto economy. Integration can po...
Russia’s Finance Ministry Unveils its Bill on Crypto Regulations (Report)
The Russian Ministry of Finance reportedly presented its draft legislation on digital asset regulations. The institution called upon enhanced protection rules and set a limit on annual cryptocurrency ...
Russia’s Finance Ministry introduces bill to regulate crypto as investment asset
TL;DR Breakdown: Russia’s Finance Ministry has passed a bill to regulate cryptocurrency. Digital currencies won’t be allowed for payment purposes, according to the bill. The subject of crypto regulat...
Banning Bitcoin is Like Banning the Internet, Says Russia’s Finance Minister
Russia is one of the countries where the regulatory status of Bitcoin and the overall cryptocurrency market remains dubious at best. However, it appears that Financial Minister Anton Siluanov doesn’t ...
Russia’s Top Officials Failed to Reach an Agreement on How to Regulate Crypto (Report)
Despite Vladimir Putin’s request, the Bank of Russia and the Finance Ministry did not shake hands on a single solution regarding cryptocurrency regulations. While some reports indicated that the large...
Russia’s Kamila Valieva Grabs Top Spot In Figure Skating Short Program Amid Doping Cloud
Topline Russian skater Kamila Valieva took an early lead in the women’s single skating event at the 2022 Beijing Winter Olympics on Tuesday after she topped the chart in the short program, a strong pe...
Russia’s Central Bank and Government Clash Over the Legality of Crypto Use
The Russian government is keen on integrating cryptocurrencies within its financial system with a scheduled plan of releasing a draft law ahead this week on February 18. However, the Bank of Russia ho...
Cutting Russia’s Oil Flow To Europe Would Be A Disaster
The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe. While most of the talk and headlines focus on a potential disruption of...
Russia’s Financial Policy Proposes Recognition Of Crypto As A Form Of Currency
Russia, one of the world’s most powerful economies, is setting up a financial policy that, when implemented, will recognize digital assets, including crypto, as a form of currency alongside fiat...
Russia’s Second-Richest Man Chooses To Back The Digital Ruble Over Bitcoin ⋆ ZyCrypto
Advertisement     Digital ruble will render private crypto like Bitcoin obsolete, says Russian billionaire. Potanin believes that a digital ruble would be a more progr...
Russia’s Second-Richest Man Has Sights Set on Digital Ruble, Not Bitcoin
Russia’s second-richest man believes digital tokens and a central bank digital currency would help the country move forward—and make the current debate in the country regarding cryptocurrency re...
CBDC Can Replace Bitcoin, Claims Russia’s Second-Richest Man
Vladimir Potanin – a business oligarch and the second wealthiest man in Russia – claimed that a digital ruble might displace private cryptocurrencies. It could promote new technologies, while bitcoin ...
Russia’s Head Of Chamber Calls For Bitcoin Mining To Be Recognized As Business
The government of Russia is coming under more pressure to make more friendly regulations for crypto in the country. A letter sent to Russia’s finance minister by Sergey Katyrin, the head of the Chambe...
Russia’s Finance Ministry Wants To Give Crypto A Chance
Opposing the Bank of Russia’s views on banning cryptocurrencies, the country’s Ministry of Finance is lobbying the government to legalize crypto as financial assets. Ministry Of Finance Opposes Bank ...
Russia’s Ministry of Finance Wants to Let Banks Sell Crypto: Report
Key Takeaways Russia’s Ministry of Finance has reportedly proposed new regulations to legalize cryptocurrencies as financial assets. The regulator has suggested that banks could be authorized to...
Russia’s Crypto Ban Will Ease Risks But Limit Tech Diffusion: Fitch
The proposed attempt by the Central Bank of Russia (CBR) to ban digital currencies and related operations in the country has been identified by Fitch Ratings, a platform that publishes ratings, criter...
Fitch faults Russia’s limit on technology
TL; DR Breakdown Fitch faults crypto ban effect on innovation in Russia Fitch says the ban will stifle innovation Russians divided over ways to tackle the crypto sector Over the past few months, the c...
Binance Exec Says Russia’s Crypto Decision is Crucial to Regional Expansion Plans
Binance hopes for a progressive regulatory approach from Russia on crypto as it will be a determinant of the company’s business expansion plans in the country. According to a Reuters report on Thursda...
Bitcoin’s Drop Below $33K, FOMC Meeting and Russia’s Crypto Ban Debacle: This Week’s Recap
To say that the last seven days were rough on the cryptocurrency market would be a wild understatement. A lot happened, and the volatility jumped through the roof, so let’s start with Bitcoin. BTC’s p...
Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential – Regulation Bitcoin News
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian le...
Russia’s Putin Calls for Unity Over Crypto Regulation Dispute
With Russian authorities having diverse views about the threats and opportunities associated with cryptocurrencies, president Vladimir Putin has called on the parties to reach a consensus regarding th...
Vladimir Putin mulls Russia’s advantage in crypto mining
TL; DR Breakdown Vladimir Putin highlights Russia’s edge in crypto mining The president wants to regulate the space The central bank of Russia wants a ban on crypto In the last few months, crypto enth...
Russia’s Central Bank Halts Ruble Plunge as Markets Experience Freefall
On Monday, January 24, the Central bank of Russia was forced to halt purchases of foreign currency in an attempt to stop a tremendous plunge in the stock market and the value of the ruble. Monday afte...
Russia’s Finance Minister Says Crypto Should Be Regulated, Not Banned
Ivan Chebeskov, the department director of the Russian Finance Ministry stated in a recent report that to protect the rights of the Russian citizens, it will be more beneficial to regulate cryptocurre...