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...
Should the Crypto Community Be Worried About the Oil Crash?
Oil markets have tumbled by about 30% on Monday morning, which was the largest single-day decline in 29 years. Brent futures saw their second-biggest decline in history, behind the...
OKEx Confirms Russian Expansion Plans
Alysa Xu, Chief Strategy Officer of OKEx, has stated that in the coming year the exchange will place a key focus on developing its presence in the Russian market. This move represents...
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...
Multi-Billion Dollar Bitcoin Launderer is Charged in France
Russian citizen Alexander Vinnik, suspected of assisting criminals in laundering billions, was extradited to France where he will face criminal charges. Major suspect in a...
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...
Sunday Digest: Bitcoin Price, BSV Pump and Dump, and Other News
Today is the day when Orthodox Christians submerge themselves in icy water to mark Epiphany, celebrating the baptism of Jesus in the River Jordan. Personally I prefer to celebrate my...
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...