Bank of Russia governor: Banning crypto in Russia is ‘quite doable’
"We cannot welcome investments into cryptocurrencies," says Central Bank of Russia governor Elvira Nabiullina.
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Illegal Crypto Miners Threatened With Jail Time in Russia
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…
Russia to decide between blanket crypto ban and legalizing exchanges in 2022
The world's biggest country will reach a crossroads on crypto regulation as it enters 2022.
Russia’s Central Bank Wants to Ban Cryptocurrency Investments (Report)
The central bank of Russia has now decided to take a highly unfavorable approach against the cryptocurrency industry, with new reports indicating that the organization wants to prohibit local investors…
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital…
Bank of Russia to ban mutual funds from investing in Bitcoin
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors.
Russia to Allow Foreign Residents to Own and Use Digital Ruble
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization…
Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to…
Russia’s Federation Council to Set Up Working Group on Crypto Regulations
The Federation Council of the Russian legislature is forming a working group expected to propose comprehensive regulations for cryptocurrencies. Officials from several ministries and government agencies, as well as members…
Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law
The Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate…
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