Russia Crypto News
The latest cryptocurrency and blockchain news from Russia
Here’s Why a Lawyer Thinks Russia’s Cryptocurrency Ban is Unconstitutional
Recently, NewsBTC reported that Russia planned to criminalize the use of cryptocurrency, as stipulated in the latest draft bill “on digital currency.” However, Russian lawyer...
Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto Use
Sberbank, Russia’s largest bank, is buying more contactless ATMs that are powered by blockchain, according to local news agency Izvestia. Interestingly, the move comes amid a...
Russia Proposes Legalizing Crypto For Regulatory Sandboxes
Russia’s Ministry of Economic Development has proposed a bill on “regulatory sandboxes” that seeks the legalization of blockchain and cryptocurrencies, according to local media...
Russia’s Richest Man is Launching His Own Crypto Token
Billionaire Vladimir Potanin has received approval from the Russian central bank to launch his own blockchain-based platform and token to be used by consumers, Bloomberg reports...
Russia Decides to Outlaw Crypto as a Means of Payment
Russia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not be allowed as means of payments on the...
Russia to Invest in Blockchain, Potential Benefit Valued at $17.5B
Russia plans to spend 28.4 billion rubles (over $450 million) on the development of blockchain until 2024. While this is 50% lower than previous figures, the strategy would still help...
Is Russia’s New Prime Minister Good for Bitcoin?
Cryptocurrency is not money, while operations with it should be taxed – this and other statements were previously made by Mikhail Mishustin, who is now Russia’s new Prime Minister...
Putin Causes Russian Cabinet to Resign, Bitcoin Prices Spike
Russian President Vladimir Putin has triggered the resignation of his entire cabinet today, after laying out plans for Russia’s future political power balance. This political change...
Russia Might Finally Adopt Crypto Law This Spring
Russia’s State Duma (lower house of the parliament) might adopt the law on digital financial assets in the spring session, an official believes. Digital Assets to Have Legal...