Russia
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12:00-21:00: The European Central Bank Blocks Russia’s 0VIX
12: 00-21:00 Keywords: Block, European Central Bank, 0VIX, Russia
Important updates on the evening of April 28th
The European Central Bank recently announced that it would be block -
A New Era for Cryptocurrency: Russia’s Experimental Legal System
According to reports, Elvira Naiulina, the head of Russian regulatory agency, stated on Monday that the Russian Central Bank is working on a bill that will introduce an \”experiment
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Understanding the Increase in Cryptocurrency-Related Judgements in Russian Courts in 2022
According to reports, according to a research report by RTM Group. In 2022, Russian courts issued 1758 judgments related to cryptocurrencies, an increase of 14.83% from 1531 in the
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The Russian Central Bank’s Plan to Allow Trading Companies to Use Cryptocurrency: What You Need to Know
On April 19th, Elvira Nabiullina, the governor of the Russian Central Bank, announced that the bank plans to allow trading companies to use cryptocurrency for external settlement i
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The Rise of Cryptocurrencies in Russia: Exploring its Current Landscape
According to reports, the Central Bank of the Russian Federation (CBR) released an estimate of the digital assets held by the public in its latest household financial report. Accor
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The Rise of Telegram as a Decentralized Communication Tool
7:00-12:00 Key words: Telegram, Zhao Changpeng, Russia, Alameda
Summary of important developments at noon on March 30th
In the age of globalization and digitalization, communicatio -
The Rise of Telegram and its Impact on the Crypto Industry
7:00-12:00 Key words: Telegram, Zhao Changpeng, Russia, Alameda
Summary of important developments at noon on March 30th
Telegram, founded by brothers Pavel and Nikolai Durov in 201 -
Table of Contents
It is reported that due to the fact that the draft law related to the digital ruble is currently only being read by the Russian State Duma, the pilot CBDC (Central Bank Digital Cur
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The draft law on the establishment of CBDC regulation and issuance in Russia has been approved by legislators on first reading
According to reports from local media, the Russian State Duma approved the first reading of the draft law establishing the issuance and regulatory system of the Central Bank of Russia’s digital currency (CBDC) this week. In addition, Russia also approved the first reading of the bill amending the Russian Civil Code and defining the digital ruble as a “non cash currency”, as well as formulating rules on wallet agreements and inheritance of digital currencies, These two bills mainly fill the regulatory gap brought about by currency digitization. Currently, both bills…
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The revised Russian Encrypted Mining Act recommends that miners who evade taxes be imprisoned with a maximum term of 4 years
It is reported that the legislator of an encryption mining bill aimed at regulating the continuous development of Russia now plans to resubmit it and consider amendments that will cause serious consequences to miners who do not comply with the rules. According to the amendment to the criminal law formulated by the department, if the miners fail to report their income twice within three years and the value exceeds 15 million rubles (nearly 200000 dollars), they will face up to two years’ imprisonment, a maximum fine of 300000 rubles, and…
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Russia will allow international trade of bitcoin and cryptocurrency in July
According to reports, the chairman of the Finance Committee of the Russian Congress said that Russia would allow the international trade of Bitcoin and cryptocurrency in July. Interpretation of this information: The news of Russia allowing the international trade of Bitcoin and cryptocurrency in July has received a lot of attention. The chairman of the Finance Committee of the Russian Congress announced that this move has been planned as it can bring positive developments to their economy. This decision is a shift from their previously strict stance on cryptocurrencies, which…
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The Russian Federation criminalizes the refusal of encrypted miners to declare digital assets
It is reported that the Russian Ministry of Finance has introduced a clause in the bill regulating the exploitation of cryptocurrency, which criminalizes the refusal to declare digital assets. The Ministry’s revision of the Criminal Law shows that if a miner evades declaration of income exceeding 15 million rubles at least twice within three years, he may face up to two years’ imprisonment, as well as a fine of up to 300000 rubles and a maximum of two years’ forced labor. Interpretation of this information: The Russian government has been…
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Report: Russia’s blackmail software project was renamed to avoid Western sanctions
It is reported that the blockchain intelligence company TRM Labs revealed that some major blackmail software groups related to Russia were renamed in 2022 to avoid sanctions from western countries. According to a new report released recently, brand remodeling and other major activities show that after Russia’s invasion of Ukraine, the cyberspace and the dark network market have undergone significant changes. Interpretation of this information: The recent report released by the blockchain intelligence company, TRM Labs, reveals some shocking information about major blackmail software groups related to Russia. The report…
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The Russian Central Bank will launch the pilot project of real trading in the digital ruble on April 1
On February 17, according to the local news agency Tass, Olga Skorobogatova, the first deputy governor of the Russian Central Bank, said during the financial network security forum that from April 1, 2023, the Russian Bank would launch a pilot project of real transactions in the digital ruble (CBDC) involving 13 banks and many merchants. The transaction involves personal transfer and payment of trade and service enterprises. The 13 banks have passed all the tests, including technical and operational tests. The regulators expect that they will enter the pilot project…
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The delegation of the Russian State Duma discussed the issue of international settlement digital currency during its visit to Iraq
According to reports, according to the Russian Satellite News Agency on the 17th, Valery Gartuk, chairman of the Russian Duma Competition Protection Commission, said that Russia and Iran were discussing the creation of a unified digital currency for international settlement, which was also raised during the visit of the Russian Duma delegation to Iran. Interpretation of this information: In recent news, the Russian Satellite News Agency reported that Russia and Iran are in discussions regarding the creation of a digital currency for international settlement purposes. This proposal was brought up…