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Russia

US diplomats urge Japan to pull through with digital asset sanctions on Russia
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13 July, 2022

US diplomats urge Japan to pull through with digital asset sanctions on Russia

The diplomats requested several of the 31 licensed digital assets exchanges and miners in Japan to halt their operations in...
The CoinGeek Pulse Episode 94: Voyager files bankruptcy, DoJ goes after ‘crypto’ frauds, Meta shuts down Novi
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8 July, 2022

The CoinGeek Pulse Episode 94: Voyager files bankruptcy, DoJ goes after ‘crypto’ frauds, Meta shuts down Novi

Meta is shutting down its Novi wallet. The social media company is asking its users to withdraw their funds—either by...
Russian parliament approves VAT exemption for digital currency issuers
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4 July, 2022

Russian parliament approves VAT exemption for digital currency issuers

The State Duma approved the draft law in the second and third readings but will still need to be approved...
Russia pushes plans for digital ruble to replace SWIFT
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3 July, 2022

Russia pushes plans for digital ruble to replace SWIFT

Olga Skorobogatova, first deputy chairman of the CBR, said the time horizon for a fully fleshed out and functioning digital...
Russia exploring CBDC for settlements of real estate deals
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30 June, 2022

Russia exploring CBDC for settlements of real estate deals

Testing state-backed digital currency for real estate settlements is already ongoing, along with testing for use in making regular payments...
Russia’s CBR governor endorses digital currencies for use in international settlements
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22 June, 2022

Russia’s CBR governor endorses digital currencies for use in international settlements

Elvira Nabiullina remarks indicates that Russia may soon roll out its support for digital currencies in international settlements as the...
Russia’s Sber bank first digital assets transaction scheduled for July
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19 June, 2022

Russia’s Sber bank first digital assets transaction scheduled for July

Sber—formerly Sberbank—is set to begin issuing and trading digital financial assets on its in-house digital assets platform, with first transaction...
Russian bill banning use of digital assets as payment passes first reading
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18 June, 2022

Russian bill banning use of digital assets as payment passes first reading

The bill proposes to directly prohibit the use of digital financial assets and utilitarian digital rights as a payment method...
Lithuanian government approves tightening of digital currency regulations
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15 June, 2022

Lithuanian government approves tightening of digital currency regulations

The proposals in the law include a tightening of the guidelines for user identification and a ban on anonymous accounts,...
Russian state-owned company builds blockchain-based replacement for SWIFT
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12 June, 2022

Russian state-owned company builds blockchain-based replacement for SWIFT

Rostec, a state-owned defense conglomerate in Moscow, has announced that it has developed a blockchain platform that can be used...
Russian parliament introduces bill to ban use of digital assets as payment
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11 June, 2022

Russian parliament introduces bill to ban use of digital assets as payment

The new bill introduced by the head of the House Financial Markets Committee, Anatoly Aksakov, proposes to clarify that only...
Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated
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3 June, 2022

Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated

The deputy minister of trade and industry says block reward miners account for about 2% of national electricity, adding that...