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 […]
The Cryptocurrency Roundtable in the Russian Parliament: Results and Possible ConsequencesOn June 2, the Russian parliament held a roundtable, or a conference, titled Perspectives of Implementation and Development of Blockchain Technology in Russia.
RosFinMonitoring: Bitcoin and Blockchain Have to Be Legally RegulatedDeputy director of Russia’s Federal Service for Financial Monitoring Pavel Livadny deems it necessary to introduce a regulatory framework for cryptocurrencies and blockchain technology as a federal law. Speaking at a conference on cryptocurrencies held today in the country’s parliament, he said: “The system is based on trust. No legal mechanisms for protection of data […]
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 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.
Leaked Letter: Russian Parliament to Hold a Cryptocurrency ConferenceOn 2 June 2016, Russian Parliament, the State Duma, will hold an international conference titled “Electronic Currency in Light of Contemporary Legal and Economic Challenges”. The letter describing the forthcoming event was signed by deputy chairman of Duma’s committee for security and anti-corruption Andrei Lugovoy. This March, Lugovoy stroke a blow for cryptocurrency saying that […]
Russian Investigative Committee’s Head Considers Cryptocurrency a Threat to Russian Financial StabilityAlexander Bastrykin, Head of Russian Investigative Committee, claimed that cryptocurrencies may supersede real money from the market. He wrote about that in his major article on ‘hybrid war’ he believes the US wages against Russia. It was published on April 18 in Russian newspaper Kommersant.Vlast. Bastrykin writes the war has been continuing for ten years. […]
Russian Companies to Be Amerced for Bitcoin OperationsRussian ministry of finance has developed amendments to the law “On the Central Bank”, which ban turnover and issuance of cryptocurrencies. The department has also prepared several amendments to the Administrative Violations Code, which impose stricter sanctions on businesses for issuance and turnover of cryptocurrencies.