Posts Tagged: Russia

Deputy Finance Minister: Bitcoin Payments Won’t be Legalised in Russia

Bitcoin Payments

Russia’s deputy finance minister has said that pending legislation on digital currencies is likely to include a ban on bitcoin payments. According to state-backed Russian news source TASS, Alexey Moiseev, the deputy finance minister of Russia, said: “No regulator doubts that payments will be banned.” Additionally, he implied that discussions on the regulation of the cryptocurrency… Read more »

Russia Considers Regulating Bitcoin, but Doesn’t Class it As A Currency

Russia

As Russia’s Central Bank explores the ways in which it can regulate the digital currency Bitcoin, the bank’s governor has raised questions as to whether it can be classed as a currency. In a recent interview with CNBC, Elvira Nabiullina, governor of the Russian Central Bank, stated that she views Bitcoin as a digital asset… Read more »