Clarity pushed back: Russian government fails to forge a consolidated stance on crypto regulation
Another tentative deadline for the Finance Ministry and central bank to reach a compromise passes as an expected bill does not arrive.
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Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills
The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until…
Russia Adopts Law Allowing State to Seize Illegal Funds, Digital Assets From Officials
The State Duma of Russia, the lower house of parliament, has passed a law permitting law enforcement authorities to seek confiscation of illegally obtained funds from government officials, including cryptocurrency.…
Bitcoin, Ethereum Technical Analysis: BTC Drops to 2-Week Low Below $40,000
Losses in cryptocurrency markets extended on Friday, with bitcoin falling to multi-week lows in the process. Ethereum was also lower during the session, whilst the global crypto market cap was…
Crypto bill incoming: Russia’s finance ministry kicks off public comment period
The Ministry of Finance is seeking industry and public input on how to regulate digital assets by March 18.
Binance exec to lead crypto expert center by Russian bank association
The Association of Banks of Russia has launched a dedicated expert center focused on cryptocurrency regulation.
Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies
BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000.
Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two…
Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined…
Bank of Russia Reports First Successful Digital Ruble Transfers Between Users
Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies,…
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