Russia News

Russia is the globe’s most sizable country in terms of land. On a map, Russia sits above Kazakhstan, Mongolia and China. Russia dwarfs China in geographic coverage, but not in terms of population — although Russia still lies among the globe’s most populous countries. The country is also known as the Russian Federation. The ruble serves as Russia’s national currency.

When it comes to Russia, cryptocurrency is still developing as a scene as the country evaluates its regulatory stance on various aspects of the asset class. In Russia, Bitcoin and other crypto assets are not an acceptable form of payment under the country’s regulatory climate, however. Owning cryptocurrency is also prohibited for folks working in certain government positions.

 

Analysis
The harsh language of the CBR’s report sent waves of panic, but now it seems that the regulator might have few allies in the government.
Central bank overkill: Russia’s proposed crypto ban and why everyone’s against it
David Attlee
2022-01-27T14:23:00+00:00
1284
News
The ministry envisions crypto users executing transactions through banks and proposes to distinguish between qualified and unqualified holders.
Russian Finance Ministry submits crypto regulatory framework for review
Ezra Reguerra
2022-01-27T12:07:45+00:00
1384
News
Putin says that a surplus of electricity and well-trained personnel give Russia a “competitive advantage” in crypto mining.
Ban less likely? Putin says crypto mining has its advantages in Russia
Keira Wright
2022-01-27T01:54:26+00:00
6219
News
Russian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia.
Russian finance ministry official calls for crypto regulation, not restriction
Joseph Hall
2022-01-25T13:45:50+00:00
4609
News
Telegram CEO Pavel Durov wrote that the proposed ban on crypto would “destroy a number of sectors of the high-tech economy” in a recent post on his massaging pl...
Russian tech and political executives denounce crypto ban proposal
Keira Wright
2022-01-24T05:44:26+00:00
16766
Analysis
From Bolivia to China, governments have sought to restrict crypto-related activity for various reasons and with different tools.
Vibe killers: Here are the countries that moved to outlaw crypto in the past year
David Attlee
2022-01-23T19:25:00+00:00
7381
News
Russian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments
Russian central bank proposes blanket ban on crypto mining and trading
Prashant Jha
2022-01-20T14:37:27+00:00
5063
News
A video emerged claiming that the leader of the Russian Orthodox Church was blessing financial investments.
Russian Orthodox Patriarch is not a Bitcoiner, church clarifies
Aaron Wood
2022-01-19T09:46:46+00:00
1931

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