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Russia

Russian bill banning use of digital assets as payment passes first reading
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18 June, 2022

Russian bill banning use of digital assets as payment passes first reading

The bill proposes to directly prohibit the use of digital financial assets and utilitarian digital rights as a payment method...
Lithuanian government approves tightening of digital currency regulations
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15 June, 2022

Lithuanian government approves tightening of digital currency regulations

The proposals in the law include a tightening of the guidelines for user identification and a ban on anonymous accounts,...
Russian state-owned company builds blockchain-based replacement for SWIFT
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12 June, 2022

Russian state-owned company builds blockchain-based replacement for SWIFT

Rostec, a state-owned defense conglomerate in Moscow, has announced that it has developed a blockchain platform that can be used...
Russian parliament introduces bill to ban use of digital assets as payment
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11 June, 2022

Russian parliament introduces bill to ban use of digital assets as payment

The new bill introduced by the head of the House Financial Markets Committee, Anatoly Aksakov, proposes to clarify that only...
Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated
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3 June, 2022

Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated

The deputy minister of trade and industry says block reward miners account for about 2% of national electricity, adding that...
Russia removes tax amnesty from drafted block reward mining bill
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30 May, 2022

Russia removes tax amnesty from drafted block reward mining bill

Russia's State Duma has revised several draft block reward mining bill provisions, and one of these is a proposed one-year...
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