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Russian Parliament Postpones Adoption of Crypto Mining Bill

Russian Parliament Postpones Adoption of Crypto Mining BillRussian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russia amid sanctions limiting the country’s access to global finances and markets. Russia’s New […]

Stripe bringing back crypto payments, this time with a stablecoin

Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft

Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New DraftThe 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 legislature in […]

Stripe bringing back crypto payments, this time with a stablecoin

Russian Parliament to Consider Restrictions for Non-Qualified Crypto Investors

Russian Parliament to Consider Restrictions for Non-Qualified Crypto InvestorsCryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative of the legislature, the Russian parliament needs to provide them with “maximum protection” against the risks. Members of Russian Parliament to Seek Protection for Citizens Investing in Cryptocurrency Deputies in […]

Stripe bringing back crypto payments, this time with a stablecoin

Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says

Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair SaysCryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency regulations need refinement. Amendments Likely to Affect Mining, Taxation, Definition of Digital Currency Discussing upcoming changes in the legislation regarding digital currencies in Russia, head […]

Stripe bringing back crypto payments, this time with a stablecoin