The proposed ‘digital assets’ law aims to “legalize ICOs” in Russia and is expected to be reviewed in May. But lawmakers are slowly realizing the futility of regulating Bitcoin…
Tag: Russian crypto policy
Russian Gas Giant Gazprom to Use Blockchain in Gas Supply Agreements
The Russian prime minister has welcomed an initiative to use blockchain in agreements over gas supplies by the country’s state-owned gas giant Gazprom, local finance news outlet Vestifinancereports on April 4. The news agency…
Alleged BTC-e Operator Alexander Vinnik Seeks Extradition to Russia
Alleged BTC-e exchange operator Alexander Vinnik, who is accused of laundering billions of dollars, is officially seeking extradition to Russia. According to a report from local news source e-Kathimerini on Thursday,…
Russia Adopts Digital Rights Law That ‘Forms the Basis’ of Digital Economy Development
Russia’s parliament, the State Duma, has voted to enact new digital rights legislation in October this year, according to a press release on the Duma’s official website on March 12. The changes…
Moscow Blockchain Cluster Needs Intellectual Property Mechanism, Says Expert
The Moscow-based blockchain innovation cluster needs a mechanism for assessing intellectual property, says the founder of blockchain platform Universa.io, Aleksandr Borodich. Borodich’s statements were reported by Russian news agency TASS on Feb. 15. The plans…
Russia: Cargo Shipping Firm to Use Blockchain in Port Logistics
Russian shipping logistics company Infotech Baltika will develop a blockchain-based system for the ports in which it operates, Russian maritime news outlet Morvesti reported on Feb. 11. To develop the blockchain-based solution, dubbed Edge.Port,…
Russia’s Ministry of Education Introduces System for Tracking Diamonds via Blockchain
Russia’s Ministry of Education and Science (Minobrnauki) has introduced a blockchain-enabled platform for tracking natural diamonds, government-backed news agency TASS reports today, Jan. 30. The new Russian diamond tracking technology claims to fully guarantee…
Russia’s Prime Minister: Bear Market Is Not a Reason to Bury Cryptocurrencies
The massive 2018 bear market is not a reason to bury crypto, Russian Prime Minister Dmitry Medvedev claimed in a speech at the Gaidar forum. Russian news agency TASS reported on Medvedev’s comments yesterday, Jan. 15. Medvedev outlined…
Russian Parliament to Discuss Crypto Bill Within Two Months, Official States
The State Duma, the lower chamber of the Russian parliament, will discuss a draft bill on crypto regulation in January or February, the head of Committee on Financial Markets told local news agency TASS on…
Putin to Buy Oil with a Cryptocurrency? Is This a Smoke-Screen or a New Era in Financial Geopolitics?
“We need a balanced, fair and diverse system where the dollar plays an important role, but that is not used as a mechanism of coercion against the people because…
