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Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they … Read more
Russian Duma approves first reading of bill that regulates all aspects of the blockchain industry, including defining crypto as property Go to Source Powered by WPeMatico
Before all the Lambo memes, shady no-product ICOs, and get-rich-quick schemes invaded the scene, Bitcoin was meant to disrupt the current economic system. Today’s edition of Bitcoin in Brief showcases how that promise is starting to materialize in different fields, including the future of elections and geopolitics. Also Read: Bitcoin in Brief Monday: New EU … Read more
Let’s see why and how national cryptocurrencies are not really cryptocurrencies Go to Source Powered by WPeMatico
The Russian Ministry of Justice has taken side in what looks like a lively debate about the status of cryptocurrencies that are still unregulated in the country. A bankruptcy case involving a modest amount of bitcoin has sparked discussions in Russian legal circles. Some say a crypto is nothing more than “a set of characters.” … Read more
Iran and Russia discussed the use of crypto with the aim of avoiding international sanctions, also noting that crypto could replace the SWIFT interbank system Go to Source Powered by WPeMatico
Russia’s Prime Minister Dmitry Medvedev has shed some light on the progress authorities are making towards adopting the long-awaited crypto regulations. Legislators will replace common words like “cryptocurrencies” and “tokens” with legal terms such as “digital money” and “digital rights”, he revealed. Two draft laws have been filed in the Duma. One of the bills … Read more
In today’s edition of Bitcoin in Brief we’re focusing on developments in the realm of international politics and economics regarding cryptocurrencies. The Organization of Economic Cooperation and Development is looking into the possible uses of digital coins and the associated technologies. Kazakhstan is calling for the adoption of common crypto rules by the United Nations, … Read more
Russia’s Sberbank CIB has implemented the first commercial bond transaction using smart contracts in the country, ]carried out on the Hyperledger Fabric 1.1-based blockchain Go to Source Powered by WPeMatico
A State Duma committee will support the first reading of Russia’s initiative for adding digital economy norms to the Civil Code Go to Source Powered by WPeMatico