Bitcoin Regulation in Russia | ForkLog

ForkLog 11 02.02.2022

Gref backs ban on cryptocurrency payments in Russia

Herman Gref, head of Sberbank, backed a ban on cryptocurrencies as a means of payment in Russia, but added that stablecoins and derivatives of such assets should not be banned.

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ForkLog 6 02.02.2022

Rosfinmonitoring to align Russia’s cryptocurrency regulation with FATF standards

In implementing the roadmap for regulating the cryptocurrency industry in Russia, Rosfinmonitoring will rely entirely on FATF guidance to mitigate the risks associated with virtual assets.

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ForkLog 12 02.02.2022

Alfa-Bank denies filing with the FAS over review of cryptocurrency-regulation concept

Alfa-Bank representatives told ForkLog that they had not submitted a request to the FAS to review the Finance Ministry's letter on cryptocurrency regulation for possible violations of advertising and antitrust law.

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ForkLog 10 02.02.2022

Deputy urges NFT marketplaces to establish offices in Russia

The largest NFT marketplaces should open their offices in Russia to operate legally on the country's territory, says State Duma deputy Anton Gorelkin.

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ForkLog 14 01.02.2022

Several major Bitcoin exchanges have expressed willingness to open branches in Russia

Major cryptocurrency exchanges have expressed no objection to establishing representative offices in Russia, as outlined by the government in the roadmap through the end of 2022. ForkLog reported this, citing representatives of the trading platforms polled.

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ForkLog 15 01.02.2022

Bank of Russia and Finance Ministry set out positions at crypto-regulation meeting

At the end of last week a meeting dedicated to cryptocurrency regulation was held with representatives from the central bank, various ministries and agencies.

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ForkLog 8 01.02.2022

Russian Finance Ministry Flags Risks in DeFi Development

The Russian Finance Ministry is watching the development of the decentralised finance (DeFi) sector with concern, as it is associated with significant risks due to the lack of proper regulatory oversight. This was stated by Deputy Finance Minister Alexey Moiseev to Interfax.

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ForkLog 12 01.02.2022

Media: Russian government orders mining to be included in cryptocurrency-regulation roadmap

Deputy Prime Minister Dmitry Chernyshenko has instructed that the roadmap for regulating the crypto industry include questions related to the legal status of mining. A government-source told Izvestiya.

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ForkLog 24 31.01.2022

Opinion: The Bank of Russia was late to ban cryptocurrencies

The Bank of Russia was far too slow to adopt a hardline prohibition on cryptocurrencies, as the market has grown significantly in recent years and there is no alternative to regulation. ForkLog quoted Andrei Lugovoy, deputy chairman of the State Duma committee on security and anti-corruption.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 22 28.01.2022

Russia’s Ministry of Digital Development says a bitcoin ban would be a blow to the IT industry

Limiting the circulation of cryptocurrencies runs counter to Russia's IT-sector policy, according to the Ministry of Digital Development.

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ForkLog 26 28.01.2022

Bank of Russia says declaring cryptocurrency holdings would be mandatory even if a ban is imposed

If the Bank of Russia's proposals for a complete ban on cryptocurrency operations in the country are approved, citizens will still have to declare their investments in this asset class for sale.

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ForkLog 39 28.01.2022

Medvedev: central bank stance on Bitcoin is reasonable, but ban attempts could backfire

Dmitry Medvedev, the deputy chairman of Russia's Security Council, said during discussions on cryptocurrency regulation that attempts to ban anything often produce the opposite effect.

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