Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says

Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker SaysOnly a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently stated. Andrey Lugovoy, who is one of the deputies working on new crypto regulations, also said Russia can become a global leader in […]

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Illegal Crypto Miners Threatened With Jail Time in Russia

Illegal Crypto Miners Threatened With Jail Time in RussiaCryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state, another high-ranking parliamentarian has added. Unauthorized Use of Power […]

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Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining

Russian Nationalists Prepare Bill to Regulate Cryptocurrency MiningLawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists Propose Regulations for Russian Crypto Miners The […]

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