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Former Russian Finance Minister Alexei Kudrin favors “self-regulation” in the cryptocurrency sector. He believes it will be more effective, at this early stage, than any imposed regulations. Others have expressed similar views about the currently proposed regime. Kudrin shared his opinion on social media, commenting on the latest developments in the crypto debate. The longtime … Read more
A bill has been submitted to the Russian parliament to make the country’s national “cryptocurrency,” the cryptoruble, legal tender in Russia. This bill was introduced as the finance ministry published a different bill for the regulation of cryptocurrencies and initial coin offerings in Russia. Also read: Russia Finalizes Federal Law on Cryptocurrency Regulation Cryptoruble as Legal Tender … Read more
Legendary currency trader, hedge fund titan, philanthropist George Soros, 87, delivered his yearly talk at The World Economic Forum 2018 in Davos, Switzerland. At the end of his remarks, an audience question asked the mogul his thoughts on cryptocurrencies generally and bitcoin in particular. Also read: Tezos Swiss Foundation Concept is “Old, Inflexible and Stupid” George … Read more
The Russian government is in the process of finalizing the federal law for the regulation of cryptocurrencies and initial coin offerings. The draft law has now been officially published. It regulates the creation, issuance, storage, and circulation of cryptocurrencies. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Legal Crypto Definitions The … Read more
Russian cryptocurrency bill is in its final stages and published on Minfin website. #NEWS Go to Source Powered by WPeMatico
Cryptocurrencies are slowly becoming mainstream when it comes to settlement for all kinds of goods and services. Just recently the first known freight consignment was settled in bitcoin as the deal consisted of 3,000 tons of wheat from Rostov that was sent to Turkey. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious … Read more
Cryptocurrency investments in Russian startups have increased 10 times in 2017 when entrepreneurs set in motion more than 100 crypto-funded projects, according to a new estimate. Ordinary working people, however, remain wary. Only 8% of them would like to see their salaries paid partially in crypto. Nevertheless, Russians are optimistic about bitcoin and most of … Read more
According to a survey, 56 percent of Russians know about Bitcoin, yet lack of regulations is restricting the adoption of cryptocurrency. #ANALYSIS Go to Source Powered by WPeMatico
Russian cryptocurrency bill will require State Duma MPs to declare their crypto holdings #NEWS Go to Source Powered by WPeMatico
The bill for the regulation of cryptocurrencies in Russia submitted by the finance ministry and the central bank requires State Duma deputies to declare their cryptocurrency investments. Currently, government officials are not required to declare their crypto holdings, according to a recent announcement by the Russian Ministry of Labor. Also read: Cryptocurrency Activities Will Be … Read more
