Bitcoin Regulation in Russia | ForkLog

ForkLog 18 20.12.2021

Bank of Russia sees no room for cryptocurrencies in the Russian financial market

The Bank of Russia intends to regulate by statute the rules governing the circulation of cryptocurrencies. This was stated by Deputy Chairman Vladimir Chistyukhin.

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ForkLog 25 17.12.2021

Nabiullina: The central bank does not back investments in cryptocurrencies due to their opacity and volatility

The head of the Russian central bank Elvira Nabiullina at a press conference once again expressed a skeptical attitude toward cryptocurrencies due to risks for retail investors.

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ForkLog 20 16.12.2021

Media reports on plans by Russia’s central bank to ban investments in cryptocurrencies.

The Bank of Russia intends to ban investments in cryptocurrencies due to risks to financial stability amid the rise in transactions with digital assets. Reuters reports, citing two sources close to the regulator.

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ForkLog 21 16.12.2021

Aksakov: Russian authorities discuss a full ban on cryptocurrency purchases

Russian authorities are weighing a range of options for regulating cryptocurrencies—from a complete ban on ownership and purchases to the legalisation of bitcoin exchanges, Anatoly Aksakov, head of the State Duma Committee on the Financial Market, said.

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ForkLog 12 13.12.2021

Bank of Russia opposes mutual funds’ investments in cryptocurrencies

The Bank of Russia intends to ban mutual funds from investing in digital currencies. The measure is described in the Bank's guidance draft.

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ForkLog 5 09.12.2021

Russian Finance Ministry hopes to clarify cryptocurrency regulation next year

The Russian Finance Ministry expressed hope that the issue of legislative regulation of cryptocurrencies will be resolved next year. This was stated by Ivan Chebeshkov, head of the ministry's Department of Financial Policy.

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ForkLog 14 09.12.2021

Russia’s Investigative Committee chief proposes codifying cryptocurrency seizure in law

Cryptocurrencies must be recognised as property and a legislative framework for their confiscation implemented, said the head of Russia's Investigative Committee Alexander Bastrykin.

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ForkLog 31 09.12.2021

Russia develops rules for confiscating cryptocurrencies

The Prosecutor-General's Office of Russia is working on laws regulating the circulation of cryptocurrencies, according to the head of the agency, Igor Krasnov.

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ForkLog 10 07.12.2021

Finopolis participant flags shortcomings in Russia’s crypto regulation

Regulation of cryptocurrencies in the Russian Federation differs significantly from global practice, drawing criticism from market participants and requiring a response from lawmakers.

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ForkLog 15 07.12.2021

Russia’s Federation Council to form a working group on cryptocurrency regulation

Russia's Federation Council is forming a working group to develop further regulation of cryptocurrencies. This was announced by Deputy Speaker Nikolai Zhuravlev at the Finopolis forum.

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ForkLog 18 17.11.2021

Experts warned of abuse risks tied to ‘ecosystem cryptocurrencies’

Introducing crypto assets as internal settlement units in Russia's digital ecosystems could lead to 'a quantitative growth of abuses'. This is stated in a report by the Center for Strategic Developments.

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ForkLog 24 16.11.2021

Russia proposes treating cryptocurrencies as property

The Russian Prosecutor-General's Office has prepared a bill to recognise cryptocurrencies and other virtual assets as property for criminal proceedings under the Criminal Code.

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