Russia

Russian Ministry of Finance Drafts Bill Banning Bitcoin

Russia’s Ministry of Finance has announced proposals to ban the issuance of bitcoin and any operations involving cryptocurrency.

By Gleb KostarevAug 5, 2014

The Bank of Russia issued new statements suggesting it is still evaluating its treatment of bitcoin and digital currencies.

Russian financial authorities will release a paper on digital currencies as they relate to money laundering and terrorist financing.

By Stan HigginsJun 19, 2014

With the US targeting credit card accounts in Russia, payments networks have become weapons in the hands of politicians.

By Jon MatonisMay 7, 2014

Regulatory unease hasn't stopped enthusiasm for bitcoin in Russia, where startups and conferences are still going full steam ahead.

By Jon SouthurstApr 24, 2014

Russia’s bitcoin “ban” threw digital currency enthusiasts to a point of canceling a conference, but confidence remains.

The crisis in the Ukraine highlights governments' use payment systems as weapons of war.

The Bank of Russia seems to be saying that a February meeting did not result in a bitcoin ban.

By Pete RizzoMar 6, 2014

Ukrainian protestors are using bitcoin to facilitate international donations in the wake of the recent revolution.

By Jon SouthurstFeb 27, 2014

Governments everywhere are increasingly taking steps to regulate cryptocurrencies, but whom does that actually benefit?

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