Russia


Policy

Russia's Ministry of Justice Latest to Criticize Proposed Crypto Ban

Russia's Ministry of Justice is the latest government authority to oppose a proposed crypto ban, seeing inconsistencies in the bill's stipulations.

Russian Ministry of Justice, Moscow (VLADJ55/Shutterstock)

Tech

Russia's Supreme Court Makes 'Landmark' Vote With Blockchain System From Kaspersky Lab

The court for the first time used a blockchain-based system to record votes in a web-hosted plenary session Friday.

Russia's Supreme Court (E.O./Shutterstock)

Markets

Bitcoin News Roundup for June 11, 2020

With BTC and global equity markets down more than 1% on the day, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

Markets Daily Front Page Default

Policy

Russia's Economy Ministry Calls for 'Controllable Market' Rather Than Crypto Ban

The ministry argued the draft ban would be harmful for Russia's economy and citizens, and called for a softer stance.

Russian government building

Finance

Moscow Said to Hire Kaspersky to Build Voting Blockchain With Bitfury Software

Moscow's government is giving voters the option of having their ballots recorded on a blockchain despite transparency concerns.

(Slutsky Maksim/Shutterstock)

Policy

Illegal Miners in Russia Stole $6.6M Worth of Electricity, Power Grid Firm Says

Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.

power lines

Policy

Russia Is About to Drop the Crypto ‘Iron Curtain,’ Industry Warns

Russia's crypto community is pushing back against a set of bills that could impose onerous restrictions on startups and individuals in the country.

Russian State Duma

Policy

Bank of Russia Wants to Put Mortgage Issuance on a Blockchain

Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.

Russia's Central Bank

Policy

Russia Considering Draconian Rules for Illegal Crypto Operations

Harsh new rules for using and issuing digital assets without a license might soon become law in Russia.

Russian State Duma

Markets

Russians Withdrew a Year's Worth of Cash in a Month Over Coronavirus Fears

Russians have been withdrawing vast amounts of cash after President Putin announced new coronavirus measures.

Withdrawing rubles at a Russian ATM.(Credit: Shutterstock/Iana Alter)