Sberbank to Bypass Russian Regulations and Trade Cryptocurrencies Overseas

Sberbank to Bypass Russian Regulations and Trade Cryptocurencies OverseasThe largest bank in Russia, the state-owned Sberbank, has reportedly announced its plans to bypass the Russian cryptocurrency regulations and offer crypto trading to customers overseas. The bank is looking at trading pairs of the most liquid and well-known cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bypassing Russian Regulations At a […]

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Russia Developing System to Identify Crypto Miners but Considers Giving Them Tax Break

Russia Developing System to Identify Crypto Miners but Considers Giving Them Tax BreakA Russian ministry is preparing a bill for the regulation of cryptocurrency mining which reportedly includes a “special system” to detect crypto miners. In addition, there may be a 2-year tax break for miners as well as energy quotas and special tariffs. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies System to […]

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Bill Submitted to Make Cryptoruble Legal Tender in Russia

Bill Submitted to Make Cryptoruble Legal Tender in RussiaA bill has been submitted to the Russian parliament to make the country’s national “cryptocurrency,” the cryptoruble, legal tender in Russia. This bill was introduced as the finance ministry published a different bill for the regulation of cryptocurrencies and initial coin offerings in Russia. Also read: Russia Finalizes Federal Law on Cryptocurrency Regulation Cryptoruble as Legal Tender […]

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Russia Finalizes Federal Law on Cryptocurrency Regulation

Russia Finalizes Federal Law on Cryptocurrency RegulationThe Russian government is in the process of finalizing the federal law for the regulation of cryptocurrencies and initial coin offerings. The draft law has now been officially published. It regulates the creation, issuance, storage, and circulation of cryptocurrencies. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Legal Crypto Definitions The […]

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Russian Bill Requires Deputies to Declare Their Cryptocurrency Investments

Russian Bill Requires Officials to Declare Their Cryptocurrency InvestmentsThe bill for the regulation of cryptocurrencies in Russia submitted by the finance ministry and the central bank requires State Duma deputies to declare their cryptocurrency investments. Currently, government officials are not required to declare their crypto holdings, according to a recent announcement by the Russian Ministry of Labor. Also read: Cryptocurrency Activities Will Be […]

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PR: YouTube For Professional Development LiveEdu ICO Reaches $8m in Less Than a Week! 10 Reasons to Participate in the Crowdsale

YouTube For Professional Development LiveEdu ICOThe LiveEdu ICO has gotten off to a great start with over $8M raised so far. The public sale opened on Jan. 15th, 5pm UTC with a 20% bonus on the first day. Bonus dropped to 17% on the second day and then drops by 1% every two days until it reaches 5%. The official end date of the ICO will be Feb. 10th unless the $10M hard cap is reached before. Here are 10 reasons to participate in the LiveEdu ICO:

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Russia Ready for Migrant Bitcoin Miners Influx

Russia Ready for Migrant Bitcoin Miners InfluxDespite some indecisiveness about cryptocurrencies on the part of centralized power, Russia has been quietly preparing for a wave of migrant crypto miners from East and West. It’s been said that the country has got what it takes to invite them. A third of the Soviet era power producing capacity is idling, after energy hungry […]

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Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in Russia

Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in RussiaChina has dominated the bitcoin mining industry for a couple of years, but fears of a government clampdown are signaling now might be the best time to enter the market elsewhere in the world. And someone just made a big bet that Russia, with its cold weather and plentiful fossil fuel energy sources, is the […]

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Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved ExchangesThe Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized The Russian Deputy Finance Minister Alexei Moiseev told reporters that […]

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Russian Cryptocurrency Bill Is Ready – Regulators Share Details

Russian Cryptocurrency Bill Is Ready – Regulators Share DetailsThe 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, […]

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