All by tag: Russia

Anton Gorelkin noted that cryptocurrency mining has already become “a daily source of income” for many Russians

Russia, Kazakhstan, the US, and Canada top the ranking

According to the regulator, CBDC should become a new form of Russian currency with an appropriate legal framework

The Federation Council is already analyzing the risks and opportunities of introducing new tools

According to the head of the department, it has already set up a system of machine-readable powers of attorney on the blockchain

However, the investigation will not yet consider the easing of pre-trial detention

As previously stated, the currency will be used to buy goods and services in a similar way to the regular ruble

The Russian authorities should not encourage the spread of cryptocurrencies, the regulator believes

The government believes that restrictions on unqualified investors should protect them from financial losses

But it was emphasized that the use of such tools to pay for goods and services is prohibited

Russians invest in ICO but cannot get their money back afterward

Organizations from Russia do business with companies from around the world and most transactions are done in dollars