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The Russian Prime Minister Dmitry Medvedev has asked the leaders of the Eurasian Economic Union countries to jointly develop a common approach to cryptocurrencies. Both the Russian central bank and the prime minister believe that cryptocurrencies should not be restricted to one nation’s framework. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies … Read more
California, USA – Blockchain-based knowledge sharing platform Lunyr launches Open Beta which will initially offer more than $200,000 in rewards for writing, editing, and peer reviewing information. Now running live on the Ethereum blockchain mainnet, the Lunyr Open Beta represents a revolutionary breakthrough in the future of knowledge sharing. As the knowledge base grows, so … Read more
The Bank of Russia said it will allow cryptocurrency mining in the country, given tax, control, and reporting considerations. However, the central bank also proposes for crypto miners to sell their coins overseas, which will still oblige them to pay taxes. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bank of Russia Allows … Read more
The largest bank in Russia, the state-owned Sberbank, has reportedly announced its plans to bypass the Russian cryptocurrency regulations and offer crypto trading to customers overseas. The bank is looking at trading pairs of the most liquid and well-known cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bypassing Russian Regulations At a … Read more
A Russian ministry is preparing a bill for the regulation of cryptocurrency mining which reportedly includes a “special system” to detect crypto miners. In addition, there may be a 2-year tax break for miners as well as energy quotas and special tariffs. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies System to … 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
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
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
The LiveEdu ICO has gotten off to a great start with over $8M raised so far. The public sale opened on Jan. 15th, 5pm UTC with a 20% bonus on the first day. Bonus dropped to 17% on the second day and then drops by 1% every two days until it reaches 5%. The official … Read more
Despite some indecisiveness about cryptocurrencies on the part of centralized power, Russia has been quietly preparing for a wave of migrant crypto miners from East and West. It’s been said that the country has got what it takes to invite them. A third of the Soviet era power producing capacity is idling, after energy hungry … Read more
