Russian Lawmakers Want to Create a State-run Crypto Exchange
Source: Igor/AdobeRussian lawmakers have devised a plan that could see the nation create a state-run crypto exchange.Per Vedomosti, members of the State Duma, Russia’s parliament, have “begun to develop a draft amendment” that involves “creating a national crypto exchange in Russia.”The media outlet quoted a “source close to the State Duma” as claiming
Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft
The lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down that proposal, which also aimed to legalize crypto payments in the country, another draft law on mining, which permits cross-border transactions with digital assets, is expected in the
Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s second-largest city describes the ruling as a precedent. Two Men Sentenced for Cryptocurrency Extortion in Russia Two Russian citizens have
Russian Minister Wants Legal Regulations Ironed out for Crypto Mining
As the Ukraine-Russia crisis deepens, the potential for energy-rich Russia to become a cryptocurrency mining hub to combat mounting sanctions is now being seriously considered by the Russian Deputy Energy Minister, Evgeny Grabchak, who wants to introduce a legal framework for mining. Grabchak announced in a TASS report on March 26, 2022, that the