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Crypto Mining Definition Removed From Russian Digital Currency Regulation Draft Bill

The proposed law on digital assets in Russia will fail to clarify tax issues for miners after the lawmakers have removed the definition of crypto mining from the draft bill on digital currency regulation.

Alternative Cryptocurrency Regulation Bills Introduced in Ukraine and Russia

A draft bill that leaves crypto-to-crypto trading outside the state regulation has been filed this week in the Ukrainian parliament. The news was announced during BlockchainUA conference in Kyiv by Ukrainian MP Alexey Mushak.

Russia to Legalize Cryptocurrency Trading on Approved Exchanges

Following the presentation of a drafted bill to place regulations on the usage of cryptocurrency in Russia on December 28, a list of approved cryptocurrency trading platforms is being developed by the Russian Ministry of Finance.

Russia Backs Off the Cryptocurrency Regulation Rules

According to Elina Sidorenko, the head of the Russian parliament’s interdepartmental working group on cryptocurrencies, the country’s Parliament isn’t going to review the bill on legalization of cryptocurrencies anytime soon.

Russia to Ban Selling Bitcoin to Individuals

Russia’s ministry of finance intends to ban selling bitcoins to individuals, the deputy minister of finance Alexei Moiseev stated in his interview with Rossiya-24 news channel.

Russian Minister Compares Cryptocurrencies to Ponzi Schemes

According to Russian Economic Development Minister Maksim Oreshkin, the global development of cryptocurrencies resembles a pyramid scheme.

Russia’s Bitcoin Advocate Says There Is No Sense to Adopt Cryptocurrency Legislation that Would Hinder Businesses

This spring an interdepartmental working group on cryptocurrencies in Russia has started working on a bill that would legalize cryptocurrencies in the country. There are numerous rumors and talks concerning this paper, however, nobody actually has any reliable and systematic information in this regard.

Russia Has No Plans to Tax Cryptocurrencies

Russian parliament plans to review a bill that legalizes cryptocurrencies this September. According to Elina Sidorenko, the head of the parliament’s working group of cryptocurrencies, the bill, however, does not include provisions as to tax regulation of virtual money.

Cryptocurrency Boom Causes Shortage of Graphics Cards Supply in Russia

Russia is experiencing a severe shortage of graphics cards supply. As reported by Russian publication Vedomosti, computer hardware stores are nearly out of them.

Former Soviet Republic Kyrgyzstan to Issue National Cryptocurrency Backed with Gold

The government of the former Soviet republic Kyrgyzstan intends to issue a national cryptocurrency backed with gold.

Bitcoin Sales in Russia Will Not Be Subject to Licensing Obligations

According to Alexei Moiseev, deputy minister for Russia’s ministry of finance, the department has no plans to issue licenses for bitcoin sales.

Bitcoin Mining in Russia Still Might Put People in Jail

According to Elina Sidorenko, the head of Russian Central Bank’s working group on cryptocurrencies, Russian legislators intend to make mining regulation as friendly as possible, however, selling mined bitcoins still might put people to jail.

Russian Official: Blockchain as a Technology Shall Remain Beyond Regulation

According to Elina Sidorenko, the head of the Russian Central Bank’s working group on cryptocurrencies, products incorporating blockchain technology should be a part of the legal terrain, while the technology itself should remain beyond regulation.

Russia May Legalize Cryptocurrency Exchanges

The Russian parliament is preparing a bill that, if passed, may legalize e-cash and establish legal grounds to open regulated cryptocurrency exchanges, according to Elina Sidorenko, the head of the the Russian Central Bank’s working group on cryptocurrencies.

Waves Founder Sasha Ivanov Insists Tokenization Goes Mainstream

Nearly a year ago, the Waves team raised $16 million over an ICO. Today, Alexander Ivanov, Waves Platform CEO, is a stakeholder of the blockchain community dedicating himself to both his project and popularization of blockchain technology as a whole.

Russia Lacks Legal Terrain for Cryptocurrency Regulation Says Technology Advocate

Elina Sidorenko, head of Russian State Duma (Parliament) working group on assessment of cryptocurrency risks, admits there’s not much to say about legalization of cryptocurrencies die to the legal vacuum.

Russian Tax Service Delivers Opinion on Cryptocurrencies

On November 29, a letter from Russia’s Federal Tax Service No. ОА-18-17/1027 d.d. 10.03.2016 was added to the local legal reference system Consultant Plus. The letter in question covers the official stance of the authorities on cryptocurrencies in Russia.

Blockchain & Bitcoin Conference Russia 2016 as It Happened

Moscow hosted Blockchain & Bitcoin Conference Russia on November 10, one of the biggest industry events in Eastern Europe.

The Cryptocurrency Roundtable in the Russian Parliament: Results and Possible Consequences

On June 2, the Russian parliament held a roundtable, or a conference, titled Perspectives of Implementation and Development of Blockchain Technology in Russia.