Bookmarking Crypto Insights
Auto Added by WPeMatico
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend Civil Code to Legalize Contractual Crypto … Read more
The player with the best goal at Europe’s international soccer championship this summer will be awarded a special prize. European football’s governing body, UEFA, and the tournament’s sponsor, Russia’s Gazprom, are behind the initiative to present the winner with an NFT trophy. UEFA, Gazprom to Award Best Goal Prize at Euro 2020 The unique prize … Read more
Judicial authorities in France have refused to grant the extradition request filed by Russia for Alexander Vinnik. According to the Russian Ombudsman, Vinnik is now ready to start a new hunger strike despite his health deteriorating after spending almost four years in detention. Court Case Against Vinnik Continues in France The operator of the infamous … Read more
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on par with Russia’s traditional currency. Bank … Read more
Former Russian prime minister and president Dmitry Medvedev believes that it is time to recognize the importance of crypto and CBDCs. Go to Source Powered by WPeMatico
A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchase they and their families make, if the total exceeds a certain amount. Candidates to … Read more
The bill must still go through two readings in the Duma before going to the Federation Council. Go to Source Powered by WPeMatico
Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory environment around three years ago. CBR Pilots 3 Crypto Projects in 2020 … Read more
Russian authorities have recently labeled one of the leading independent media outlets in the country as a “foreign agent.” Such a maneuver led Meduza to set up a fiat and crypto fundraiser to survive the consequences of labeling. Fund Will Accept Donations in Bitcoin, Ethereum, and Binance Coin According to an editorial statement published by … Read more
According to a recent poll, 14% of Russians think crypto will replace fiat in 10 years, while 39% think it’s impossible to give up cash. Go to Source Powered by WPeMatico