Bitcoin News / Bitcoin.com - 2 years ago
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital currencies is yet to be regulated in Rus...
Bitcoin News / Bitcoin.com - 2 years ago
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. The executive power in Moscow favors regulati...
Bitcoin News / Bitcoin.com - 2 years ago
The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the main issue with mining in Russia as authorities prepar...
Bitcoin News / Bitcoin.com - 2 years ago
Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can exp...
Cryptocoins News / The Cointelegraph - 2 years ago
The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday.According to the announcement, the Bank of Russia has formally deemed the rules of...
Cryptocoins News / Blockchain - 2 years ago
The Central Bank of Russia (CBR) has the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.
In what appears to be a dramatic shift from its antagonism of digital currency se...
Bitcoin News / Bitcoin.com - 2 years ago
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted...
Cryptocoins Exchanges / Binance - 2 years ago
Russia's Irkutsk Oblast, a federal region and Russia's main center of trade routes from China, experienced a fourfold increase in energy consumption in 2021 due to mining activities. According to the local news agency TASS on Wednesday. Yevge...
Bitcoin News / Bitcoin.com - 2 years ago
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an impetus for the government to regulate...
Cryptocoins News / The Cointelegraph - 2 years ago
As cryptocurrency mining activity grows increasingly common in Russia, one local region is struggling to maintain power stability amid massive inflows of new crypto mining operations.Russia’s Irkutsk Oblast, a federal region and Russia’s major center...
Bitcoin News / Bitcoinist - 2 years ago
Russians own 16.5 trillion rubles ($214 billion) in crypto, according to government figures. Given the lack of clarity in the country’s crypto legislation, estimates are expected to be conservative.
Russians Hold 12% Of Global Crypto
Report fro...
Cryptocoins News / The Cointelegraph - 2 years ago
Russian citizens reportedly own 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to government estimates.A Bloomberg report noted that Russians own about 12% of the total global crypto holdings. The crypto holdings estimates w...
Cryptocoins News / Blockchain - 2 years ago
New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies. local news channel, Vc.ru, the apex bank is adamant on its ban, but may nota...
Cryptocoins News / The Cointelegraph - 2 years ago
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. One of the most fascinating implications of the co...
Cryptocoins News / CoinJournal - 2 years ago
Medvedev is a former Russian president and prime minister and currently the Deputy Chair of the Security Country.
Russia’s intention to ban cryptocurrencies has elicited reactions from across the board, with many other people voicing opposition...
Cryptocoins News / Blockchain - 2 years ago
The proposed attempt by the Central Bank of Russia (CBR) to ban digital currencies and related operations in the country has been identified by Fitch Ratings as a double-edged move that has its ups and downs. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a choru...
Bitcoin News / Bitcoin.com - 2 years ago
A new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations with digital assets. A third of the respondents support the central bank’s proposal w...
Bitcoin News / Bitcoin.com - 2 years ago
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid...