Cryptocurrency

Tag: Cryptocurrency

Bill unveiled banning cryptocurrency as means of payment

Senior Russian lawmaker advanced a bill in the parliament on Wednesday banning cryptocurrency as means of payment.

11:35 08.06.2022

Defendants in case over attempt on owner of 275 bitcoins get 3 to 10 years behind bars

The Moscow Cheremushkinsky District Court has sentenced the persons involved in an attempted kidnapping of an entrepreneur with the aim to extort his cryptocurrency holdings to prison terms ranging from 3 to 10 years.

15:39 23.06.2021

Presidential, parliamentary nominees posts to be obliged to declare cryptocurrency deals

The Government Law-Making Commission has considered an initiative on the obligatory declaring of cryptocurrency dealings for presidential nominees, parliamentary and governor candidates.

13:25 01.03.2021

Ex-FSB officers sentenced to 9 and 12 years in prison in case over bitcoin bribes

The Second Western District Military Court on Friday sentenced former FSB officers to 9 and 12 years in prison for accepting bribes from the family of ex-CEO of Izvestia Publishing House Erast Galumov.

16:11 26.02.2021

Bill on taxation of cryptocurrency circulation reaches State Duma

Russia’s Government has submitted a bill envisaging that cryptocurrencies are to be recognized as property and regulating taxation in the sphere of circulation of digital currencies to the lower house of the Parliament.

16:38 01.12.2020

Former hockey player gets 4 years in jail for cryptocurrency fraud

Moscow’s Presnensky District Court on Monday sentenced ex-hockey player Igor Musatov to 4 years in penal colony for cryptocurrency fraud.

12:54 02.11.2020

Cryptocurrency to be invested, not used as payment instrument – Russia’s State Duma

This Wednesday, the State Duma adopted in the third and final reading a bill on digital financial assets and digital currency defining cryptocurrency as a set of e-data in an information system, which is not a unit of Russian currency and with respect to which there is no a liable party.

18:03 22.07.2020

Investigators seek for detention of hockey player accused of cryptocurrency fraud

Investigators are petitioning for detention of hockey player Igor Musatov, who stands charged with cryptocurrency fraud.

15:58 16.09.2019

Cryptocurrency deals to be performed in Russia only under oversight of special operators

The accumulation of money through the sale of digital financial assets to investors will be carried out through special exchange operators, Skolkovo legal expert Anton Pushkov has stated.

17:55 31.05.2018

Appeal court in Moscow rules cryptocurrency to be included in bankruptcy estate

The Ninth Commercial Court of Appeals ruled on Monday to treat cryptocurrency denominated assets as a part of a debtor’s bankruptcy estate.

14:46 07.05.2018

Russian Supreme Court rules to review appeal over bitcoin website blocking

The Supreme Court of Russia has obligated the St. Petersburg City Court to review an appeal against blocking of website on cryptocurrencies bitcoininfo.ru.

16:01 20.04.2018

Ex-staffers of Crimean government fined for illegal cryptocurrency mining

Two former staffers of the Crimean government office have been fined 30,000 rubles ($530) each for illegal cryptocurrency mining.

13:59 26.03.2018

Moscow court refuses to treat cryptocurrency as part of bankruptcy estate

The Moscow Commercial Court has explained its reasoning regarding its refusal to include bitcoin into a bankruptcy estate, noting that cryptocurrency has no legal status in Russia and that anonymous nature of transactions with “virtual money” prevents identification of their owners.

10:59 12.03.2018

Russia’s business ombudsman proposes 14% tax on cryptocurrency mining

Russia’s business ombudsman Boris Titov has proposed to introduce 14% tax rate for mining cryptocurrencies.

17:44 15.12.2017