News Source: Cryptopotato According to a government official, the outbreak of COVID-19 has postponed Russia’s legislation on cryptocurrency. The legislation is supposed to provide guidelines on cryptocurrency usage in the…
FBI Shuts Down Russia-based Website Accepting Crypto Payments
The US Department of Justice, last Tuesday, said that the FBI has figured out how to bring down DEER.IO, an online platform that facilitated several shops selling cybercrime products and…
Director of Russian Central Bank Admits They Can’t Ban Cryptocurrency
The Director of the Bank of Russia’s legal division has conceded that Bitcoin and other digital currencies can’t reasonably ever be banned in the nation. Despite the fact that cryptocurrencies…
Russia Still Skeptical About Crypto, Denies It Money Status
On Thursday, July 25, a panel of Russian officials and experts, discussing on cryptocurrency regulations in the country, decided that there is no reason behind providing them the “money” status,…
Gett Taxi Collaborates With Da Vinci Capital To Allow Russian Users To Buy Tokenised Shares
The use of blockchain and cryptocurrency-related services have seen an exponential rise over the years. According to reports that were published by Russian media 1Prime, it has been revealed that…
Russia Not To Treat Libra Any Differently From Other Cryptocurrencies
Facebook’s cryptocurrency Libra, which is aiming for a 2020 launch, has been making some noise in the cryptosphere since the day speculations about it began. However, recently since its official…
Russia May Introduce Bill To Legalize Crypto
It was reported by a Russian News service called Interfax, on the 21st of June, that a representative of the Russian Ministry of Finance (MinFin) has revealed that the ministry…
Russia’s Largest Bank ‘Sberbank’ Suspends its Crypto Plans
The largest bank of Russia, Sberbank, recently announced that it dropped its cryptocurrency-related plans, owing to the anti-cryptocurrency sentiments of the central bank of Russia. As indicated by the local…
Raiffeisenbank To Introduce A Corporate Blockchain Platform
According to recently published reports, Raiffeisenbank, which is a Russian subsidiary of Austria’s Raiffeisen Bank International (RBI), has developed a corporate blockchain platform. This information was announced by way of…
Russia is Looking to Create a Gold-Backed National Cryptocurrency
The central bank of Russia is looking into creating a gold-backed cryptocurrency which will be used for settlements with foreign partners. The idea came from the Governor of the Bank of…
Are Cryptocurrencies Helping Fund Terrorist Outfits?
Cryptocurrencies have been around for quite some time now and had seen increased adoption and usage in various sectors. More and more institutional investors have started to take digital assets…
Russia’s Plans For Crypto Adoption On Track?
Cryptocurrencies have emerged as an important asset in the state of Russia. The country has been undertaking new developments when it comes to digital assets. Latest in the list of…