EU bans all digital asset transactions to Russia
Digital asset transactions from Europe to Russia had been capped at $9,900, but the European Union says there was still some level of activity, necessitating the total ban.
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Russia nukes digital assets as payments mechanism
The bill amends certain banking laws to permit the use of digital assets as investment vehicles, with the goal of increasing “the investment attractiveness of the use of digital rights by businesses.”
IMF: Russia could evade sanctions by mining BTC
The IMF recently released a report that Russia might have found a way to evade international sanctions stating that block reward mining activities could be used to evade economic boycotts.
US Treasury adds digital currency rules to Russia sanctions guidance
In addition to the new regulations regarding rules for digital currencies, the U.S. Treasury also warned exchanges not to facilitate transactions for individuals or entities on the sanctions list.
UK fast-tracks new law giving gov’t more power to seize digital assets
The U.K. parliament is pushing for the passing of a new economic bill that will give the government greater power to seize digital currencies to curb money laundering.
Russia’s Putin insists ‘too early’ to use digital currency for oil trading
The Russian government hasn't placed a total ban on digital currency in the country, but they have yet to accept it as a legal tender.
Russia is not ready for digital currency payments, Kremlin says
A representative of President Vladimir Putin put it beyond doubt that Russia doesn’t intend to reverse the digital currency payments ban, let alone make it legal tender.
Putin: Russia must monitor increasing criminal use of digital currencies
Russian President Vladimir Putin wants the country’s law enforcement agencies to focus more on the digital currency industry, which he believes is being used increasingly by “criminal elements.”
Putin signs order requiring Russia officials to report digital currency holdings
Public officials in Russia must include digital currencies owned by their spouses and children, and must report by June 30, 2021.
New law gives digital currencies legal status in Russia
The bill, signed by President Vladimir Putin, bans citizens from using digital coins to pay for goods and services.
‘Blockchain will belong to us’: Putin calls dibs on blockchain
Russian President Vladimir Putin is reigniting a decades-old rivalry, saying the United States has the Internet, but blockchain technology will be Russia’s.
Venezuela got help from Russia in launching petro: report
Russian billionaires reportedly advised Venezuelan President Nicolas Maduro in his efforts to create petro, the first state-backed cryptocurrency in the market.