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Russia Starts Developing Bills to Regulate Cryptocurrencies
Vadim Dengin, a member of the Russian parliament’s working group on cryptocurrencies, that the issue of regulating cryptocurrencies in Russia will be brought up for discussion during parliamentary...
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VEB, Ethereum and BitFury to Join Russia’s First Blockchain Research Center
According to Russian state-owned news agency TASS, the country will open the first competence center for blockchain research under the auspicies of Russia’s state-owned bank VEB, as well as experts...
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Russia Has No Plans to Tax Cryptocurrencies
Russian parliament plans to review a bill that legalizes cryptocurrencies this September. According to Elina Sidorenko, the head of the parliament’s working group of cryptocurrencies, the bill,...
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Russia Might Use Japan’s Experience in Cryptocurrency Regulation
Russia’s business ombudsman Boris Titov offered Elvira Nabiullina, the chairwoman of the country’s central bank, to use Japan’s experience in cryptocurrency regulation. As reported by Vedomosti, in an...
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Russia’s Bitcoin Advocate Says There Is No Sense to Adopt Cryptocurrency...
This spring an interdepartmental working group on cryptocurrencies in Russia has started working on a bill that would legalize cryptocurrencies in the country. There are numerous rumors and talks...
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Russian National Settlement Depository to Develop Digital Assets Platform
Russia’s National Settlement Depository (NSD) is considering building a platform to serve digital assets including cryptocurrencies and tokenized assets. According to Kommersant, the NSD is currently...
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Waves Platform Strikes Strategic Partnership with Gazprombank Digital
After initial hesitancy concerning bitcoin and blockchain, Russia is now embracing the new suite of technologies — and Waves is at the forefront of the movement. Most recently, Gazprombank Digital, the...
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Russian Minister Compares Cryptocurrencies to Ponzi Schemes
According to Russian Economic Development Minister Maksim Oreshkin, the global development of cryptocurrencies resembles a pyramid scheme. “Quite often, prices of cryptocurrencies don’t reflect the...
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Scandal-ridden Russian Entrepreneur to Open a Bitcoin Store for the Rich
Eccentric Russian entrepreneur German Sterligov has announced that he is going to open the first official bitcoin store in Russia. However, this advocate of ‘spiritual bonds’ notes that bitcoin prices...
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No Western Cryptography – FSB Wants to Introduce ‘Russian Algorithms’ in the...
According to Vedomosti that reference their unnamed sources at the ISO (International Standardization Organization), Russia’s Federal Security Service (FSB) is represented in the special committee for...
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Burger King Russia Launches Whoppercoin Token
Burger King’s Russian division has announced it is now offering Whoppercoin, its own cryptocurrency named after the signature burger serves by the company. The new cryptocurrency was launched on the...
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No Fees, But Paid Entry: Cryptocurrency Exchange “For the Rich” Launched in...
German Sterligov, an eccentric Russian entrepreneur, has launched a cryptocurrency exchange named CryptoSterlingClub Alice. “Back in the early nineties, there was an exchange called Alice. It was...
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Russia to Ban Selling Bitcoin to Individuals
Russia’s ministry of finance intends to ban selling bitcoins to individuals, the deputy minister of finance Alexei Moiseev stated in his interview with Rossiya-24 news channel. According to him, the...
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Putin Advisor Announces Russian Association of Blockchain and Cryptocurrency
The chief internet advisor to Russian President Vladimir Putin has announced the creation of a new association focused on blockchain and cryptocurrency. According to local news source RNS, Herman...
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Three People Arrested in Russia for Illegally Trading Bitcoin
Last week, Russian police arrested three men for illegally trading in 500 million rubles worth of bitcoin, or around $9 million worth of the cryptocurrency. Arrests were made approximately 260 miles...
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Law Enforcement Shuts Down Russia’s Biggest Darknet Marketplace
Russian Anonymous Marketplace aka RAMP that has been selling drugs for bitcoin since 2012 was shut down by Russian law enforcement. According to Russian state-owned news agency TASS, deputy minister of...
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Russian Prosecutors Question Local Burger King on Account of WhopperCoins
Managers of Burger King Russia have been called for questioning to the Public Prosecution Office of Russia on account of WhopperCoins, a virtual currency issued by the company. Russian publication...
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Russia Backs Off the Cryptocurrency Regulation Rules
According to Elina Sidorenko, the head of the Russian parliament’s interdepartmental working group on cryptocurrencies, the country’s Parliament isn’t going to review the bill on legalization of...
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No Japan Repeat – Russia Dismisses Legalizing Cryptocurrencies
The head of Russia’s Central Bank Elvira Nabiullina strongly dismissed the proposal to legalize cryptocurrencies voiced by an unnamed entrepreneur at the meeting with the Russian president. Alexander...
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Russian Mining Center Raises Record-Breaking $43.2m Through ICO
Russian Mining Center, a holding co-founded by a company owned by Russian internet ombudsman Dmitry Marinichev, has raised $43.2 million over an ICO, thus setting a new record amount raised by a local...
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