News

Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s Website

Coins Legend July 23, 2022 0

Russian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure was successfully challenged by lawyers. Roskomnadzor Removes Tor Project’s Site From Blacklist

News

Digital Token Issued In Russia to Facilitate Investments in Palladium

Coins Legend July 20, 2022 0

Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of […]

Exchanges

Proposal to Set Up Russian Crypto Exchange Circulated in Moscow

Coins Legend July 8, 2022 0

Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian Authorities Mull Creating Domestic Cryptocurrency Exchange A crypto trading

Regulation

Russian State Duma Adopts Law Banning Payments With Digital Financial Assets

Coins Legend July 7, 2022 0

The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament Approves Legislation Preventing Digital Financial Asset Payments The majority

News

Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet

Coins Legend July 7, 2022 0

Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available to Russian Readers as Roskomnadzor Delists It Bits.media, the source for crypto-related

News

Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia

Coins Legend July 6, 2022 0

Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians Buy More Hardware Crypto Wallets, Market Players Say Russian crypto users have

Regulation

Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

Coins Legend June 30, 2022 0

Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal Cases Linked to Crypto Assets The Federal Financial Monitoring Service of the

Regulation

Russian Parliament Adopts Tax Rules for Digital Assets

Coins Legend June 29, 2022 0

Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian

Finance

Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid

Coins Legend June 27, 2022 0

According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system. Russia Is Accused of […]

Mining

Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital

Coins Legend June 25, 2022 0

Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth 100 Million Rubles Police in the Russian Irkutsk Oblast […]