カテゴリー: russian

Crypto Cards Are Legal in Russia, According to the Finance Ministry

Crypto Cards Are Legal in Russia, According to the Finance MinistryUsing cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles.   Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Buying […]

The post Crypto Cards Are Legal in Russia, According to the Finance Ministry appeared first on Bitcoin News.

No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says

Last year’s falling prices are not a good enough reason to “bury” cryptocurrencies, Russian Prime Minister Dmitry Medvedev said during a high-level economic conference. He believes Russia should carefully follow the developments around digital coins.   Also read: Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again Russia Should Watch Carefully Medvedev thinks the […]

The post No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says appeared first on Bitcoin News.

Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions

Cryptocurrency Exchanges Eye Russia for Expansion Despite SanctionsSanctions imposed by governments as part of geopolitical struggles do not always filter through to under-regulated industries. Ambitious businesses covet every opportunity for expansion and diversification. That seems to be the reason why a growing number of crypto exchanges are turning their attention to Russia and its diaspora, despite the disapprobation this risks drawing from […]

The post Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions appeared first on Bitcoin News.

Russians See Growing Number of Options to Buy Cryptocurrencies

Russians See Growing Number of Options to Buy CryptocurrenciesInterest towards cryptocurrencies in Russia remained relatively stable throughout 2018, despite the significant drop in their prices. Ruble-denominated trade on Localbitcoins, for example, has shown a generally positive trend since last spring. In the past year, Russians also saw a growing number of other options to purchase digital coins. Also read: Abkhazia Temporarily Shuts Down […]

The post Russians See Growing Number of Options to Buy Cryptocurrencies appeared first on Bitcoin News.

Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court. Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners Legal Lab to Assist Crypto Companies in Russian […]

The post Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry appeared first on Bitcoin News.

Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court. Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners Legal Lab to Assist Crypto Companies in Russian […]

The post Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry appeared first on Bitcoin News.

The Daily: Argentina Meets 2019 With New BATMs, Russia Budgets Millions to Block Sites

The Daily: Argentina Meets New Year With New BATMs, Russia Budgets Millions to Block SitesIn this edition of The Daily, we focus on the growing number of bitcoin ATMs in Argentina. Five new devices have been installed recently in Buenos Aires. We also look at a report that Russia’s telecom watchdog plans to spend millions of dollars to restrict access to banned websites and services such as Telegram. And […]

The post The Daily: Argentina Meets 2019 With New BATMs, Russia Budgets Millions to Block Sites appeared first on Bitcoin News.

Russian Parliament Postpones Adoption of Digital Assets Bill

The State Duma, the lower house of Russia’s parliament, has postponed the second reading of a long-awaited bill intended to regulate cryptocurrencies in the country. Lawmakers will review the draft law “On Digital Financial Assets” during the spring parliamentary session next year, the house deputy speaker Sergey Neverov announced. Also read: Transnistria Welcomes Crypto Miners, […]

The post Russian Parliament Postpones Adoption of Digital Assets Bill appeared first on Bitcoin News.

Lawyers to Help the Russian Crypto Industry Deal With Inadequate Laws

Lawyers to Help the Russian Crypto Industry Deal With Inadequate LawsIn the absence of a comprehensive regulatory framework for cryptocurrencies in Russia, lawyers have taken matters into their own hands. A new advisory body of legal experts will look into cases where the current legislation does not reflect the specifics of the growing digital economy and propose solutions. Also read: CEO of Romanian Exchange Coinflux […]

The post Lawyers to Help the Russian Crypto Industry Deal With Inadequate Laws appeared first on Bitcoin News.

New Bitcoin ATM Tracker Site Launches in Russia

New Bitcoin ATM Tracker Site Launches in RussiaA new website showing a map of cryptocurrency teller machines and other points of sale has been launched in Russia. The platform currently provides information about bitcoin ATM locations in the city of Moscow but its developers plan to expand its coverage globally. Also read: French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners Cryptocoinmap […]

The post New Bitcoin ATM Tracker Site Launches in Russia appeared first on Bitcoin News.