The Central Bank and the Ministry of Finance of the Russian Federation must prepare bylaws defining the rules for cross-border cryptocurrency payments by the end of November, according to Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets.…
Nikolai Shulginov, Chairman of the Russian State Duma Committee on Energy, plans to introduce bills to the State Duma increasing fines for violating mining requirements and establishing criminal liability for the theft of electricity during cryptocurrency mining. These amendments are…
The State Duma Committee on Financial Markets has approved the first reading of a bill to create experimental legal regimes (ELRs), allowing the Bank of Russia to establish a platform for the use of cryptocurrencies in international settlements, Interfax reports.…
In the Mogilev region of Belarus, preparations have begun for the construction of mining farms. The initiative has received the support of Belarusian President Alexander Lukashenko, as announced by Anatoly Isachenko, Chairman of the Regional Executive Committee. He stated that…
On July 23, the Russian State Duma will consider a bill regulating cryptocurrency mining in its first reading, Vedomosti learned. Parliamentarians stepped up efforts to legalize the industry shortly after President Putin's demands. The latter criticized miners' uncontrolled energy consumption,…
State Duma deputy Igor Antropenko, a member of the United Russia party and a member of the Industry and Trade Committee, has proposed a bill that would consider cryptocurrency acquired during marriage to be jointly acquired property. According to the…
Major memecoin investors are once again buying up coins despite price volatility. Over the past seven days, the memecoin market has fallen 6.8%, and over 2% in the past 24 hours, making it one of the worst performers this week.…
Whales have been actively selling off several major altcoins since late October. Since October 13, the total altcoin market capitalization has fallen by more than 11%, from $1.62 trillion to $1.45 trillion. The decline isn't just due to the overall…
Economist and board member of the Russian Union of Industrialists and Entrepreneurs (RSPP) Anatoly Nikitin stated that working Russians will not begin receiving their salaries in digital rubles for at least a year. According to a candidate of economic sciences,…
Binance cryptocurrency exchange CEO Changpeng Zhao will visit Russia for the first time to speak at a meetup in Moscow on October 21. In addition to him, speakers at the event will include representatives from ANKR, Eidoo, and TrustWallet. Following…