Tag: Russian

Lawyers to Help the Russian Crypto Industry Deal With Inadequate Laws

Lawyers to Help the Russian Crypto Industry Deal With Inadequate Laws In the absence of a comprehensive regulatory framework for cryptocurrencies in Russia, lawyers have taken matters into their own hands. A new advisory body of legal experts will look into cases where the current legislation does not reflect the […]

Russian Miners Sell Their Equipment Amid Market Plunge

Russian Miners Sell Their Equipment Amid Market Plunge A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Also read: Bitcoininfo.ru Wins Court Case […]

SEC Investigates Salt Lending’s ICO, Huobi Advises Russian Bank on DLT

SEC Investigates Salt Lending’s ICO, Huobi Advises Russian Bank on DLT In recent regulatory news, the U.S. Securities and Exchange Commission (SEC) has reportedly launched an investigation into Salt Lending’s 2017 initial coin offering. Separately, the SEC revealed that it has stopped accepting public comments on nine bitcoin exchange-traded funds […]

Professional Course Prepares Russian Lawyers for the Cryptocurrency Industry

Professional Course Prepares Russian Lawyers for the Cryptocurrency Industry Russian companies have organized an enhancement course to prepare legal experts for the challenges of working in the cryptocurrency space. The oldest university of economics in the country, two law firms providing services to digital businesses, and both houses of parliament […]

Former Russian Economics Minister Sees Huge Potential for Cryptocurrency

Former Russian Economics Minister Sees Huge Potential for Cryptocurrency Herman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in coming decades. Despite his longer-term outlook, Gref […]

Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill

Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency.” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under […]