Russian civil servants will be required to declare all their crypto holdings starting 2021, said the country’s Prosecutor General’s Office.
Russian forex dealers, a subsidiary of Promsvyazbank, PSB-Forex is shutting down after asking clients to close positions by October ending.
The Bank of Russia will limit Bitcoin and other crypto purchases for unqualified investors for not more than 600,000 rubles as from 2021.
LocalBitcoins.net, an over-the-counter trading of local currency for bitcoins, has been blocked by Russia's telecom regulator Roskomnadzor.
Ninjatrader an American software & brokerage services provider, has been blacklisted by Russian telecom regulator Roskomnadzor.
Russia’s Ministry of Finance now wants to introduce criminal liability for undeclared crypto taxes, including prison terms of up to 3 years.
In a proposed bill, the Russian government wants to know what the country’s data centers are up to, & that includes crypto mining farms.
BestChange.ru, a major cryptocurrency website in Russia, has been blocked by Russian telecom regulator Roskomnadzor on August 26.
As part of its Russian expansion plans, the crypto exchange giant Huobi Global appointed Vladimir Demin as its chief advisor.
Russia has banned all cash and crypto deposits into anonymous e-wallets as the latest push to curb the illegal financial activity.