Russia's Federal Service for Supervision of Communications, Information Technology and Mass Media has blacklisted Binance.
The Russian Finance Minisitry has proposed a bill that would require digital currency wallet owners to report their holdings to the tax authorities.
Danil Potekhin and Dmitrii Karasavidi allegedly engaged in a range of crimes in connection with a conspiracy to defraud 3 exchanges.
The U.S. Treasury accused Moscow of using a variety of proxies to sow discord between U.S. political parties and influence voters.
The Ministry proposed amendments to the new law which would introduce a “blanket ban on any operations with virtual money.”
The Russian government will have oversight over all the country’s block reward mining farms if a recently proposed bill is passed.
BestChange.ru, an aggregator of Russian over-the-counter (OTC) platform providers, was the first to reveal the new ban.
By expanding to the three countries, BuyBSV has now given over 400 million people an easy way to access Bitcoin.
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.