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Russia

Bank of Russia plans to ban digital currencies
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23 December, 2021

Bank of Russia plans to ban digital currencies

Governor Elvira Nabiullina addressed digital currencies and central bank’s attitude towards the industry, which has been receiving mixed signals from...
Ban Bitcoin or regulate it? Russia authorities eyeing a decision by 2022
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21 December, 2021

Ban Bitcoin or regulate it? Russia authorities eyeing a decision by 2022

Anatoly Aksakov told local media that the government is considering two completely opposite approaches—a blanket ban or legalizing digital currency...
Bank of Russia bans mutual funds from investing in digital currencies
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18 December, 2021

Bank of Russia bans mutual funds from investing in digital currencies

The Russian central bank had previously suggested that mutual funds should stay away from digital currencies, but has now made...
Digital currencies could erode tax profits, Russian tax agency chief says
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27 November, 2021

Digital currencies could erode tax profits, Russian tax agency chief says

The Russian tax agency is concerned with tax evasion through digital currencies, but warned that it can still track evaders...
Digital currency hackers camping out at Russia’s popular skyscraper: report
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21 November, 2021

Digital currency hackers camping out at Russia’s popular skyscraper: report

Suex OTC, EggChange, Buy-bitcoin.pro., and CashBank are the four companies which experts said have been laundering money through ransomware-related activity...
Russia digital currency market growing despite regulatory inadequacy, exec says
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7 November, 2021

Russia digital currency market growing despite regulatory inadequacy, exec says

The Russian digital currency market is worth 20–40 trillion rubles, based on insights such as local cash flows related to...
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