economy ministry – DIGIT INFO

Russia Gears Up to Regulate NFTs Through Legislative Amendments

DIGIT — Wed, 27 Jul 2022 13:30:53 +0000

Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital collectibles. Economy Ministry Takes Initiative to Regulate NFTs in Russia […]

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Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies

DIGIT — Sun, 27 Mar 2022 07:49:49 +0000

Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global finances. Finance Ministry’s Push to Legalize Russian Crypto Space Gains Traction Russian authorities are […]

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Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

DIGIT — Thu, 17 Feb 2022 13:30:04 +0000

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining destination. Crypto Miners Should Have Access to Cheaper Power, Economy Ministry Says Amid […]

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Russia to Change 13 Laws and Codes for Digital Ruble

DIGIT — Mon, 08 Nov 2021 13:00:07 +0000

Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia Prepares to Trial Digital Ruble, Officials Say CBDC […]

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Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years

DIGIT — Sun, 28 Oct 2018 10:30:36 +0000

The government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around digital assets should become a legitimate part of the country’s economy. Also read: […]

The post Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years appeared first on Bitcoin News.

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