Russian Tax Service Voices Stance on CryptocurrenciesOn November 29th, a letter from Russia’s Federal Tax Service No. ĐžA-18-17/1027 d.d. 10.03.2016 was added to the local legal reference system Consultant Plus. The letter in question covers the official stance of the authorities on cryptocurrencies in Russia.
Russian President’s Internet Advisor Calls Blockchain and Cryptocurrencies a VirusGerman Klimenko, internet advisor for Russian president, told TV channel Tsargrad that blockchain technology, as well as cryptocurrency, is but a usual hype related to people’s desire to make profits from a trending theme. “There’s a word, ‘hype’, which means that discussion omits some reasonable issues, or a trending theme, a brain virus. Blockchain and […]
Russian Internet Ombudsman Calls Bitcoin Banning Attempts ‘Downright Ludicrous’According to Dmitry Marinichev, Russia’s Internet ombudsman, the government’s attempts to interfere in the development of blockchain technology, and to ban bitcoins, are totally meaningless.
Russia Postpones Consideration of Bitcoin Banning Bill until Late 2016Russian ministry of finance in cooperation with other departments is preparing yet another revision of a bill banning issuance and turnover of Bitcoin in Russia. Now, the document is expected to come to the Parliament by the end of 2016, as opposed to earlier schedule suggesting the bill will be reviewed as early as this […]
Russian Parliamentary Candidate to Strain After Bitcoin LegalizingAlexei Bragin, board member of Blockchain.community and coordinator at ReactOS, has confirmed he intends to stand as a parliamentary candidate to participate in primary elections in order to partake in elections for the Russian Parliament, the State Duma, this September. Bragin claims his basic purpose is to defend science and small businesses and promote new technologies. […]
Russia’s National Settlement Depository Successfully Tests Blockchain-based E-Voting SystemNational Settlement Depository has finalized development and successfully tested blockchain-based E-proxy voting electronic voting system’s prototype. The prototype is based on distributed cryptographic platform NXT and uses international standard ISO 20022 for message traffic. The development has been carried out with participation from DSX Technologies. The system’s open source code is available at GitHub. E-proxy […]
Russian Federal Financial Monitoring Service: Bitcoin Ban Bill Should Be RevisedPavel Livadny, deputy director of Federal Financial Monitoring Service of Russia, Rosfinmonitoring, has suggested that the bill implying ban of cryptocurrency in Russia will have to be revised.
Russian Central Bank Insists Bitcoin and Blockchain Are SeparateVadim Kalukhov, Head of newly established Department of Financial Technologies, Projects, and Process Organization of the Bank of Russia, has confirmed the regulator’s interest for blockchain technology. Kaluhkov, however, insists that terms “bitcoin”, “blockchain” and “distributed ledgers” shall be considered separately. He said that in his interview with publication FutureBanking. He added that the Central […]