Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia

Putin Orders Election Candidates to Report Crypto Holdings Outside RussiaPresident Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state. President Putin Requires Russian Officials to Reveal Crypto Asset Purchases in Foreign Countries Candidates for government offices in Russia […]

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National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia

National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With HryvniaThe central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital outflow amid an ongoing military conflict with Russia. Ukraine Citizens Not Allowed to Buy Crypto Abroad From Local Currency Accounts The National Bank […]

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Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints

Bank of Russia Has Tools to Restrict Crypto Investments, Governor HintsThe Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists Bank of Russia Can Limit Investments in Crypto Assets Russia’s monetary […]

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Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade

Russia to Decide Between Full Ban and Legalization of Crypto Investments, TradeAuthorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on buying crypto assets, lawmakers are moving forward with efforts to adopt rules for mining, exchange, and taxation that would effectively legalize cryptocurrencies. Russian Officials Debate […]

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Cryptocurrency Is the Main Income for 12% of Russian Crypto Users

Cryptocurrency Is the Main Income for 12% of Russian Crypto UsersCryptocurrency is the main source of income for 12% of Russian speaking crypto users, according to a new survey. More than 90% of the respondents say they want to use digital coins as a means of payment, and a quarter of those interviewed are already doing that. 40% of the participants view cryptos like bitcoin […]

The post Cryptocurrency Is the Main Income for 12% of Russian Crypto Users appeared first on Bitcoin News.

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SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning

SBI Doesn't Ban Credit Card Crypto Purchases Despite Issuing WarningSBI Cards & Payments Services Pvt. Ltd, the second largest issuer of credit cards in India, has warned customers of the risks associated with cryptocurrencies. Despite the warning, the company did not move to ban its customers from purchasing bitcoin and other virtual currencies using SBI issued credit cards. Also Read: Indians Look to Buy Bitcoin […]

The post SBI Doesn’t Ban Credit Card Crypto Purchases Despite Issuing Warning appeared first on Bitcoin News.

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