More / Bitcoin Reddit - 2 years ago
Bitcoin’s dominance is beginning to wane but it will remain as the standard, Russian chess grandmaster Garry Kasparov says. “But of course it cannot stay alone. So that’s why you have more coins coming in. It’s a natural process. It’s like the dot-co...
Bitcoin News / Bitcoin.com - 2 years ago
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized h...
Bitcoin News / Bitcoin.com - 2 years ago
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies th...
Cryptocoins News / The Cointelegraph - 2 years ago
Called “Sber — Blockchain Economy,” the ETF will trade under the ticker SBBE and track major crypto companies. Sber, the Russian government-backed company and the lar...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers whic...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A...
Bitcoin News / Bitcoin.com - 2 years ago
The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies i...
Bitcoin News / Bitcoin.com - 2 years ago
A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters in the Russian Federation.
W...
Cryptocoins News / The Cointelegraph - 2 years ago
Bank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far. Amid the ongoing uncertainty about the fut...
Cryptocoins News / NewsBTC - 2 years ago
According to a recent report by a Russian lawmaker, the country’s citizens have invested over 5 trillion rubles ($67.5 billion) in the crypto market, but the regulatory terrain remains hostile and unclear with the governor of the Central Bank o...
Bitcoin News / Bitcoin.com - 2 years ago
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the protot...
Cryptocoins News / The Cointelegraph - 2 years ago
Russian citizens and businesses will reportedly have the right to acquire Bitcoin, but not via local infrastructure. Russia continues sending mixed signals to the cry...
Bitcoin News / Bitcoin.com - 2 years ago
Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market, the capitalization of which has increase...
by COINS NEWS - 2 years ago
The Russian regulator believes that residents of Russia have the right to buy and store digital assets, but not with the help of the domestic financial infrastructure. So there won't be any ban and this is actually bullish news towards acceptance...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has t...
Bitcoin News / Bitcoin.com - 2 years ago
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially whil...
Cryptocoins News / NewsBTC - 2 years ago
The Russian central bank wants to ban investments in cryptocurrencies in Russia, citing the growing number of crypto transactions as a threat to financial stability.
Russia Mulls Over Crypto Ban
Russia’s central bank is attempting to outlaw cry...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on buying crypto assets, lawmakers are moving forward w...
Cryptocoins News / The Cointelegraph - 2 years ago
"We cannot welcome investments into cryptocurrencies," says Central Bank of Russia governor Elvira Nabiullina. In a Friday press conference, Central Bank of Russia go...
Bitcoin News / Bitcoin.com - 2 years ago
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The...
Cryptocoins News / The Cointelegraph - 2 years ago
The world's biggest country will reach a crossroads on crypto regulation as it enters 2022. On Thursday, conflicting reports emerged in Russia on the state of crypto...