Reading Time: < 1 minute Russia has recently proposed to legalize cross-border crypto transactions in 2023, however, this will require changes in the Civil Code.
Reading Time: < 1 minute The Federal Tax Service of Russia has instructed the territorial authorities to identify violations related to the purchase and sale of foreign currency bypassing banks.
Reading Time: < 1 minute Elliptic has said it had turned over information to US authorities about a digital wallet allegedly linked to sanctioned Russian officials and oligarchs.
Reading Time: < 1 minute Russia’s sovereign default is no longer an “unlikely event” as economic sanctions prevent the country from using its foreign exchange reserves to repay debt.
Reading Time: < 1 minute Coinbase has announced it has frozen more than 25,000 addresses associated with Russian individuals and legal entities.
Reading Time: < 1 minute Mining pool BTC.com suspended the registration of new users from Russia on March 5, 2022.
Reading Time: < 1 minute Former US presidential candidate Hillary Clinton has said she is “disappointed” that some crypto exchanges are still serving Russian citizens.
Reading Time: < 1 minute US-based tech giant Google has allocated $15 million to Ukraine.
Reading Time: < 1 minute Cryptocurrency exchanges Kuna, WhiteBIT and CEX.io have introduced restrictions for users from Russia due to the war in Ukraine.
Reading Time: < 1 minute The Russian authorities have estimated they will be able to receive up to 1 trillion rubles annually in taxes from participants in the crypto market.