Ukraine legalizes Bitcoin as tensions with Russia persist

Ukraine legalizes Bitcoin as tensions with Russia persist

Ukraine has now legalized Bitcoin and cryptocurrencies after the country’s parliament approved a final reading of the “Law on Virtual Assets” bill. The law will provide a legal framework, overseen by the... Read more »
Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12

Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much... Read more »
Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says

Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says

University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian authorities are... Read more »
Russia to recognize Bitcoin as currency

Russia to recognize Bitcoin as currency

According to a local news report, the controversy around the status of cryptocurrency in Russia is about to come to an end.  The Russian newspaper Kommersant reported that the Bank of Russia... Read more »
Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal

Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal

Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician... Read more »
No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia

No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia

Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech development and... Read more »
Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says

Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says

Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed a wide-ranging... Read more »
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining

True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation... Read more »
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins

Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins

A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address... Read more »
Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia

Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia

Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional... Read more »