Russian Foreign Minister States Crypto Might Play a Significant Role in Settl...
The Russian Foreign Minister Sergei Lavrov talked about the future importance of cryptocurrencies as an international settlements layer at the Primakov Readings Forum. Lavrov referred to these assets as having a “significant role” in the future. Russia has been striving to de-dollarize some of its activities, and this statement might offer a glimpse into future plans. Russian Foreign Minister Says Crypto Could Play Significant Role in Settlements Russian Foreign Minister Sergei Lavrov referred to the future importance of cryptocurrencies as a part of the international....
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Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week.
Crypto Legalization Is Current Trend, Russian Minister Acknowledges
Cryptocurrency can be legalized in the Russian Federation, according to a statement by the country’s Minister of Industry and Trade Denis Manturov, during the “New Horizons” educational marathon organized by the Russian “Knowledge” society.....
Russia’s Deputy Finance Minister, Alexey Moiseev, has revealed that the latest version of the draft law would treat cryptocurrency trading just like foreign currency exchange (forex), allowing its purchase and subsequent use abroad for Russian citizens. From Russia with Bitcoin. Russian authorities want to equate Bitcoin to foreign currency, revealed....
Nearly a week after the proposal of Party of Growth—a political party in Russia which represents the liberal free market economy—to legalize bitcoin, the Russian Ministry of Finance and the country’s lawmakers are set to treat cryptocurrencies including bitcoin as a foreign currency. Deputy Finance Minister Alexei Moiseev, who featured in an interview hosted by the Russian Newspaper, stated that while cryptocurrency-based business operations are still illegal in Russia, the Ministry of Finance is currently developing a set of regulations to enable purchasing and selling of Bitcoin. Moiseev....
Though political tensions may be high between the U.S. and Russia, authorities still negotiated a prisoner swap of Trevor Reed for drug smuggler Konstantin Yaroshenko in April. The legal team for Alexander Vinnik, a Russian national recently extradited to the United States for his alleged role at defunct crypto exchange BTC-e, has reportedly been urging officials to consider a prisoner swap. According to a Monday report from Reuters, a lawyer representing Vinnik called on Russian foreign minister Sergey Lavrov to conduct negotiations with U.S. officials in order to bring the accused....
Russian Prime Minister Dmitry Medvedev has given instructions to two government ministries to study and research the application of blockchain technology as a part of the country’s ‘digital economy’ program. First reported in regional publication RIA Novosti, Russian interest in embracing Fintech has gained its most prominent proponent with the country’s prime minister. In a meeting with vice-premiers of the Russian government, the country’s prime minister has ordered the Ministry of Communications and the Ministry of Economic Development to consider the possibility of using the technology....