All by tag: Russia

This measure is designed to help the country’s economic development in the face of sanctions pressure

Director of the Financial Policy Department Ivan Chebeskov believes that qualified personnel and clear regulation are needed for the development of the cryptocurrency industry

The department believes that it is necessary to impose a restriction on the use of electricity for individuals engaged in household mining

According to State Duma deputy Anatoly Aksakov, the cryptocurrency mining business needs to be regulated

Distributed ledger technologies, in particular blockchain, act as a guarantor of system access, transaction security, and openness

The restrictions will only affect residents of the Russian Federation

The possibilities for legal protection of investors are limited, so investments in digital currencies can be completely lost, the Central Bank argues

The head of the Republic’s Ministry of Digitalization, Airat Khairullin, proposed to create a working group for this purpose

The department is also discussing a taxation model for cryptocurrency mining jointly with the Ministry of Finance

These measures are aimed at preventing oligarchs from evading sanctions by using digital assets

The new package of sanctions will restrict the deposit of funds to the crypto wallets of residents of the Russian Federation.

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