Singapore, in a rare move, would impose limitations on some Russian financial transactions and cryptocurrency operations aimed at circumventing sanctions. The decision follows official fears
Crypto adoption is expected to rise among regular individuals in both countries, however it will not aid Russia’s elite in evading economic limitations. Despite Janet
Government estimates Russians own more than 16.5 trillion rubles ($214 billion) in cryptocurrencies, according to a government estimate. The Kremlin and government officials are using
Recent events in Canada have sparked a global debate about financial censorship and crypto’s potential to combat it. In the midst of last week’s regulatory
The global market cap of cryptocurrency climbed by around 3% in the last 24 hours, while most leading coins are down from a week ago.
The plan intends to classify cryptocurrency mining as a commercial activity and impose taxes on the income generated. A federal ministry has presented another recommendation
According to the Finance Ministry, cryptocurrency could attract foreign investment. Despite central bank concerns, the government supports legal trading. The Russian government is pushing for
The Russian government will not allow cryptocurrency lending, according to the finance ministry, who also clarified its proposals for crypto market regulation. The Treasury Department
Russian authorities will not allow people to borrow money in the form of cryptocurrency, the country’s finance ministry has said. This is in line with
Authorities in Russia haven’t yet agreed on the future of cryptocurrencies, but they all want to stop people from using bitcoin to pay for things
Bitcoin (BTC) and crypto mining may soon be regulated in Russia, but that hasn’t stopped the country’s government from devising a means for crypto miners
On Tuesday night, the Russian government released a statement describing the principles for regulating bitcoin and cryptocurrency in the country. Russia will follow the Ministry
