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Russia
Over 50% of Binance's Russian Customers Believe Crypto Can Replace Bank Deposits
According to the report, out of 23,133 Binance users who took part in the poll, only 79.9% actually own crypto at this point of time.
Russia to Track Bitcoin Cash-Outs: Report
Russia's anti-money laundering agency is going to identify and track down bitcoin-to-fiat sales, the government official said.
Russia's Cybercriminals Are Literally Digging Up Their Crypto Cash-Outs
A service being advertised on a Russian darknet marketplace allows cybercriminals to untraceably cash out of their cryptocurrencies. "The Hash" panel breaks down the extreme lengths being taken, including burying vacuum-packed cash.
Russia's Darknet Criminals Have Novel Crypto Cash-Out System: 'Buried Treasure'
A darknet ad flagged by the crypto sleuths at Elliptic says vendors will bury vacuum-packed physical cash “5-20 cm under the ground.”
Putin Says Russia Must Stop Illegal Cross-Border Crypto Transfers
Russia's President Putin says crypto use by "criminal elements" is increasing and law enforcement must monitor it more closely.
Bank of Russia Eyes Digital Ruble Prototype in Late 2021: Report
Russia's central bank told CoinDesk that over 80% of feedback on the digital ruble was supportive of the project.
Russia's Digital Ruble Model to Get Bank-Friendly Redesign
Banks had feared being drained of liquidity under the original concept for the digital currency.
Russia's Crypto Tax Bill Passes First Reading at State Duma
The bill proposes to recognize cryptocurrency as property for purposes of taxation.
Russia's Lower House to Consider Bill on Crypto Taxation This Week
If passed the bill would amend tax laws to recognize digital currencies as a form of property.
Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble
Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers.
