Consulting firms, such as PwC Russia, said that Russians have been increasingly reporting their income from cryptocurrency operations.
The Russian Federation is a country in Eurasia. Russia's government maintains a mixed stance on Bitcoin, at several points proposing legislation to ban it outright, and then retracting those statements. Still, Russia enjoys a fair bit of Bitcoin mining, trading, and other business, even if a lot of it is done underground.
According to Russian crypto advocates, the existing laws “do not meet the needs” of the cryptocurrency market.2946
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted.6222
The NFT exhibition will be part of the “Hermitage 20/21” project.5499
Asian markets are much friendlier to enterprise blockchain adoption, says Waves's founder.6814
Rosfinmonitoring has informed the Russian parliament that it is paying close attention to transactions involving the conversion of crypto to rubles.4217
Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity.7037
The Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations.6821
The Russian protest group Pussy Riot is auctioning four non-fungible tokens tied to a new single in order to support a shelter for victims of domestic violence.10110
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021.11398
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020.18924
Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions.4842
As the Kremlin sequesters funds to the opposition, Bitcoin serves to run blockades.9705
A church spokesperson said it was also unlikely the church would release its own digital currency.6770
Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners.9066