As the Bitcoin SV blockchain expands so does the need for easy accessibility and as a result you can now buy Bitcoin SV (BSV) on BuyBSV.com with VISA or MasterCard in: Russia, South Africa and Nigeria.
The transaction between Expobank and Mikhail Uspensk is likely to set a legal precedent regarding digital currency in Russia.
Paxful founder and CEO Ray Youssef believes the new law will go a long way in boosting the growth of Russia’s digital currency market.
The “Sbercoin” will be equal to a fixed amount of Russian Ruble and that it will be used for digital financial asset settlements.
Founder and CEO Pavel Durov has denied reports that he’s in talks with a Russian tech company to offload the embattled Telegram.
This week saw Russia making moves to back digital currency, bringing further developments in the legal position in the country.
The ban has been introduced to prevent the use of digital currency for money laundering, terrorism financing and the drugs trade.
The bill, signed by President Vladimir Putin, bans citizens from using digital coins to pay for goods and services.
The latest amendments mean it will no longer be an offence punishable by prison to facilitate digital currency trades in Russia.
The State Duma is reportedly seeking to abandon criminal liability for digital currency users—for now.
A Russian digital currency exchange operator has pleaded guilty to his role in the operation of a credit card theft ring that led to over $2.2 billion losses.