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Category: Olga Skorobogatova
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Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban
The Bank of Russia reports on the first digital ruble tests as planned but continues to fight against Bitcoin adoption.
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Bank of Russia Allows Crypto Mining But Proposes Miners Sell Their Coins Overseas
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 […]
The post Bank of Russia Allows Crypto Mining But Proposes Miners Sell Their Coins Overseas appeared first on Bitcoin News.
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Putin Wants to Use Cryptoruble to Evade Sanctions But Bank of Russia Skeptical
Russia’s president Vladimir Putin has reportedly commissioned work to create a cryptocurrency as a tool to circumvent international sanctions. His economic adviser explained that “no mining is possible” for the cryptoruble. Meanwhile, the country’s central bank and finance ministry have expressed skepticism about this “cryptocurrency.” Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details […]
The post Putin Wants to Use Cryptoruble to Evade Sanctions But Bank of Russia Skeptical appeared first on Bitcoin News.
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Russian Cryptocurrency Bill Is Ready – Regulators Share Details
The bill for the regulation of cryptocurrencies and initial coin offerings (ICOs) in Russia is ready. It was jointly developed by the country’s central bank and finance ministry. The regulators have shared some details of the bill including how mining activities are to be taxed. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, […]
The post Russian Cryptocurrency Bill Is Ready – Regulators Share Details appeared first on Bitcoin News.
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