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Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments

Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in…

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Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments

Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin…

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Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report

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…

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Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report

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…

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Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

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…

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