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Russia

Russian Finance Ministry introduces digital asset draft law despite central bank objection
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23 February, 2022

Russian Finance Ministry introduces digital asset draft law despite central bank objection

The Finance Ministry has opened a public feedback period until mid-March on a piece of legislation that will make Bitcoin...
Ukraine legalizes digital currencies as it prunes market regulators
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22 February, 2022

Ukraine legalizes digital currencies as it prunes market regulators

The Ukrainian parliament has passed a bill giving digital currencies legal status after months of debate and has also reduced...
Russia finance chief: Banning Bitcoin is like banning the Internet
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20 February, 2022

Russia finance chief: Banning Bitcoin is like banning the Internet

According to the Finance Minister Anton Siluanov, Russians are best served by a well-regulated digital currency industry not by a...
Russia shuts down 3 dark web sites with reported $263M in digital currency proceeds
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18 February, 2022

Russia shuts down 3 dark web sites with reported $263M in digital currency proceeds

Russian authorities have clamped down yet another batch of dark web sites, this time targeting online marketplaces for stolen credit...
Russia to treat Bitcoin as a currency, weeks after proposed blanket ban
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11 February, 2022

Russia to treat Bitcoin as a currency, weeks after proposed blanket ban

A new document by the Russian government, supported by the central bank, has dispelled fears of a blanket ban, weeks...
Russia’s Ministry of Finance submits digital currency regulatory proposals
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3 February, 2022

Russia’s Ministry of Finance submits digital currency regulatory proposals

The Russian central bank recently proposed a ban on digital currency, but the Finance Ministry believes that thousands will lose...
Russia’s central bank proposes BTC ban, causing uproar within government
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27 January, 2022

Russia’s central bank proposes BTC ban, causing uproar within government

The bank says digital currencies threaten financial stability and wants to even ban mining, but the Finance Ministry and top...
Russia arrests 14 members of gang behind $200M ransomware payments
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24 January, 2022

Russia arrests 14 members of gang behind $200M ransomware payments

The Russian intelligence service claims to have seized 20 luxury cars and digital assets from REvil, the gang behind JBS,...
Deadly protests in Kazakhstan lead to 5-day Internet outage, BTC hash rate drops 13%
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11 January, 2022

Deadly protests in Kazakhstan lead to 5-day Internet outage, BTC hash rate drops 13%

Kazakhstan has been experiencing its deadliest protests ever with over 160 dead, and BTC hash rate took a nosedive after...
Bank of Russia to allow digital currency investment, but only via foreign firms
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27 December, 2021

Bank of Russia to allow digital currency investment, but only via foreign firms

Deputy Governor Vladimir Chistyukhin said the bank will not bar investors from getting into digital currencies, in contrast with earlier...
Bank of Russia plans to ban digital currencies
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23 December, 2021

Bank of Russia plans to ban digital currencies

Governor Elvira Nabiullina addressed digital currencies and central bank’s attitude towards the industry, which has been receiving mixed signals from...
Ban Bitcoin or regulate it? Russia authorities eyeing a decision by 2022
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21 December, 2021

Ban Bitcoin or regulate it? Russia authorities eyeing a decision by 2022

Anatoly Aksakov told local media that the government is considering two completely opposite approaches—a blanket ban or legalizing digital currency...