Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market

Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black MarketRussia’s Ministry of Economic Development has informed parliament of its disapproval of the bill to ban cryptocurrency. Experts say a ban will be ineffective as people can use technology to bypass it, leading to the creation of an “uncontrolled black market.” Russian Ministry Criticizes Bill to Ban Crypto The Russian Ministry of Economic Development has […]

The post Russian Ministry Slams Bill to Ban Crypto — Experts Warn Easy to Bypass, Creates Black Market appeared first on Bitcoin News.

Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar

Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion. Despite the strict proposal drafted […]

The post Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar appeared first on Bitcoin News.

Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners

Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, MinersThe chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated. However, the bill’s adoption has been delayed due to the […]

The post Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners appeared first on Bitcoin News.

6 Crypto Websites Blocked by Russia’s Media Watchdog, Including Major News Outlet

6 Crypto Websites Blocked by Russia’s Media Watchdog, Including Major News OutletIn what seems to be another episode in a long-running campaign, the Russian telecom regulator has restricted access to at least six websites posting content related to cryptocurrencies. Тhe forum section of Bits.media, a leading crypto news outlet, is among the internet pages that have been blacklisted this month. Also read: Russians Can Use Qiwi, […]

The post 6 Crypto Websites Blocked by Russia’s Media Watchdog, Including Major News Outlet appeared first on Bitcoin News.

Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles

Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With RublesA growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike small online exchangers and peer-to-peer platforms. Also read: Russia’s New Prime Minister Has an […]

The post Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles appeared first on Bitcoin News.

Direct Democracy Party to Solve Issues With Crypto Rights in Russia

Direct Democracy Party to Solve Pending Issues With Crypto Rights in RussiaA new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues that concern the crypto space. Also read: Eastern Europe Sees More Fiat Options for Trading […]

The post Direct Democracy Party to Solve Issues With Crypto Rights in Russia appeared first on Bitcoin News.

Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations

Russian Opposition Leader Navalny Raises $700,000 in Crypto DonationsAlexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over $700,000 at current prices. Also read: Russian Tax Authority Registers Crypto as Part […]

The post Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations appeared first on Bitcoin News.

Russia Blocks 2 Crypto News Websites

Russia Blocks 2 Crypto News WebsitesRussian authorities have restricted access to a couple of cryptocurrency news outlets. The formal reasons for the censorship move are different in each case but the end result is the same. In both, regulators have acted on the basis of a law that empowers them to block online sources of information that have been banned […]

The post Russia Blocks 2 Crypto News Websites appeared first on Bitcoin News.

VPN Providers Defy Order to Connect to Russia’s Internet Censor

VPN Providers Defy Order to Connect to Russia’s Internet SensorRussian regulators have once again moved to expand oversight of the online space in an attempt to ensure compliance with various restrictions Moscow is trying to impose. But as in other cases, their efforts have been met with resistance. Over a dozen VPN platforms, popular among crypto enthusiasts and other privacy-conscious users, have refused to […]

The post VPN Providers Defy Order to Connect to Russia’s Internet Censor appeared first on Bitcoin News.

Russian Prosecutors Fail to Block Crypto Website

Russian Prosecutors Fail Blocking Crypto WebsiteA court case in Russia has signaled a change in the attitude authorities have towards the cryptocurrency space, at least on first glance. An online portal helping traders find the best exchange options for their digital assets will be allowed to restore normal operations. That’s after prosecutors gave up their efforts to block the website […]

The post Russian Prosecutors Fail to Block Crypto Website appeared first on Bitcoin News.