Russia’s Ministry of Justice has stood against a new draft proposal that seeks to ban crypto operations in the country. The move by the ministry came barely a week before the ministry of Economic Development distanced itself from the new…
Russia’s largest bank shelves crypto plans despite having a Crypto Bullish CEO
Russia’s largest bank Sberbank is reportedly planning to scrap its crypto plans citing the anti Bitcoin sentiments of government regulators. This news has come off as quite ironic since the bank’s CEO is a popularly known Bitcoin Bull. Despite the…
Putin Orders his Government to Adopt Crypto Regulation by July
Russia is a country that has been in the global spotlight for some time now. Over the years it’s been because of their political and economic spats with America. The last three years though, have seen Russia become the household…
Russian Intellectual Property Court Successfully tests Blockchain Technology for Storing Copyright Data
An intellectual property court in Russia has successfully tested a blockchain network for storing copyright data. According to a Russian major news agency, TASS, the technology was used for the first time around the judicial area on Monday, December the…
Russia’s elusive legislation when it comes to crypto
Russia has been busy in 2018 doing other things other than just hosting the FIFA world cup. Russia has been busy trying to pass cryptocurrency regulation since the start of the year with no success as of yet. The government’s…
Russia Not Ready for Cryptos According to the President’s Special Representative
Russia is not yet ready for the issuance and circulation of crypto-currencies. This is according to a special representative of the Russian president. This was reported by a local news agency known as RIA Monday Yesterday. Dmitry Peskov, the president’s…