Business 4 hours ago

Criminals rarely cash out funds through crypto: Russian central bank

Russian government officials have revealed that criminals prefer to stick to bank cards to get their money.

Business 20 June 2019

Russia’s crypto bill to become law ‘within two weeks’: official

Russia’s long awaited cryptocurrency bill will finally become law when it is adopted by lawmakers over the next two weeks.

Business 18 June 2019

Russia will launch own digital currency, eventually

Russia remains committed to developing a digitial currency, but it wants to do it when the technology matures.

Business 11 June 2019

Russia likely to make several cryptocurrency activities illegal

Russia’s State Duma is looking to pass new cryptocurrency regulations later this month, but they are more of a crackdown than anything else.

Business 10 June 2019

Russian autonomous region to use blockchain for tourism

Yugra is going to implement a blockchain-enabled tourism platform in order to track public spending and provide better transparency in the industry.

Business 5 June 2019

Russian Supreme Court calls for crypto inclusion in law

A Russian judge has called on the parliament to regulate the crypto industry, rather than seek to ban it.

Business 31 May 2019

Russia’s Sberbank ditches crypto plans after central bank warnings

Sberbank will no longer pursue its plans following the negative stance adopted towards cryptocurrencies by the Bank of Russia.

Business 30 May 2019

Russian authorities nab alleged creator of massive crypto pyramid fraud

The individual from Kazakhstan was accused of promoting a scheme that stole money from investors by promising undeliverable, low-risk returns from crypto investment.

Tech 27 May 2019

Russian state firm proposes blockchain-based gov’t data system

Rostec, a Russian state-owned holding conglomerate, has proposed the implementation of a blockchain-based government data storage system.

Business 24 May 2019

Russia’s central bank expects crypto regulation bill in spring

A member of the Central Bank of Russia says she expects crypto regulations to kick in sometime in the spring of 2019.

Business 24 May 2019

Russia’s central bank backs a state-issued cryptocurrency

There is a lot of confusing information coming out of Russia regarding how it is going to view cryptocurrencies going forward.

Business 21 May 2019

Venezuela and Russia discuss Petro based trade

Desperate to fix their trade situation, Venezuela might be close to convincing Russia to turn to Petro based trade.