Bank of Russia flags risks from legalising crypto mining
Crypto mining poses significant risks to the Russian economy and its citizens, and the regulator says it should be banned nationwide.Latest news and expert analysis on the legal regulation of Bitcoin in Russia.
Bank of Russia flags risks from legalising crypto mining
Crypto mining poses significant risks to the Russian economy and its citizens, and the regulator says it should be banned nationwide.
Russian investors could be required to pass a test before buying cryptocurrency
The draft bill regulating cryptocurrencies envisages mandatory testing of investors for transactions totaling more than 600,000 rubles per year. Andrey Lugovoy, deputy chairman of the State Duma committee on security and anti-corruption, said this.
Media: Russia approves roadmap for cryptocurrency regulation through the end of 2022
Russia's Deputy Prime Minister Dmitry Chernyshenko approved the roadmap for regulating the cryptocurrency market through the end of 2022.
Kremlin denies reports that Putin backs legalisation of mining in several regions
Press secretary to the Russian president, Dmitry Peskov, denied media reports of Vladimir Putin's alleged support for proposals to allow mining in regions with an electricity surplus.
Russian finance ministry accused of drafting bitcoin-market regulation to favour a single player
The concept of regulating the crypto market by the Russian Ministry of Finance is a positive sign for bitcoin holders, but the proposed measures conflict with the nature of digital assets and are probably tailored for a specific player, ForkLog experts said.
Bank of Russia flags concerns over Finance Ministry’s cryptocurrency-regulation concept
The Bank of Russia has reviewed the Finance Ministry's proposed concept for regulating cryptocurrencies and raised concerns about several provisions.
Putin backs legalisation and taxation of mining in Russia, instead of a ban
Russian President Vladimir Putin backs the government's proposal to tax and regulate cryptocurrency mining rather than ban it. Bloomberg reports, citing sources familiar with the situation.
Rosfinmonitoring backs the Ministry of Finance’s stance on Bitcoin regulation in Russia
Rosfinmonitoring backs the Ministry of Finance of the Russian Federation's position on cryptocurrency regulation, according to the agency's press service.
Federation Council urges regulation of cryptocurrencies for citizens’ benefit
The Russian authorities should study international experience in cryptocurrency regulation and develop rules most advantageous for Russia's economy and its citizens, the Federation Council said.
A third of Russians polled by VCIOM back Bitcoin ban
64% of Russians know about cryptocurrencies, of whom 32% back a full ban on Bitcoin operations in the country.
Finance Ministry unveils plan to regulate cryptocurrencies in Russia, instead of banning them
The Finance Ministry has prepared its own concept for regulating cryptocurrencies in Russia, which envisages conducting operations with digital assets through banks, full identification of users and transaction tracing.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.