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
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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.
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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,
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Banning Bitcoin in Russia is ‘same as banning the internet,’ minister says
Bank of Russia governor Elvira Nabiullina previously argued that banning Bitcoin in Russia was “quite doable.”
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Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban
The Bank of Russia reports on the first digital ruble tests as planned but continues to fight against Bitcoin adoption.
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Russian gov’t and central bank agree to treat Bitcoin as currency
Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared or be considered a criminal act.
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