Amazing Crypto

Category: Russia

  • Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia

    In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized financial governance, Uzbekistan’s crypto ban, and four countries’ central bank digital currency updates. Also read:…

  • Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property

    Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property

    A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto incomes and profits is one such example. Russia has just provided another one by…

  • Greek Court Suspends Decision to Extradite Alexander Vinnik

    Greek Court Suspends Decision to Extradite Alexander Vinnik

    The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through the now defunct cryptocurrency exchange, started a new hunger strike last…

  • Utorg Exchange Grants Access to Traders With Limited Verification

    Utorg Exchange Grants Access to Traders With Limited Verification

    Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed а daily limit of $1,000. Its decision to provide…

  • Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations

    Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations

    Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over $700,000 at current prices. Also read: Russian Tax Authority Registers Crypto as Part…

  • Russia’s Hydra Darknet Marketplace Plans $146M Token Sale

    Russia’s Hydra Darknet Marketplace Plans $146M Token Sale

    According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory Roundup – Bitcoin Futures Fund Approved, India’s RBI-Backed…

  • Russia Prepares Law to Allow Cryptocurrency Confiscation

    According to local reports, Russia’s Ministry of Internal Affairs and other law enforcement agencies are developing proposals to confiscate cryptocurrencies. These proposals could evolve into Russian laws as soon as 2021.  “Russia plans to develop a legal mechanism for the seizure of virtual assets for their confiscation,” according to a translated report from RBC. “The…

  • Russian Aluminum Plant Set to House Cryptocurrency Mining Farm

    International economic sanctions have propelled many countries toward cryptocurrencies — from Venezuela to Iran. Now, U.S. sanctions imposed on one Russian company have paved the way for a cryptocurrency mining operation to take over a decidedly industrial facility. Rusal Turns to Cryptocurrency Mining in Face of Sanctions One such establishment is Rusal, an aluminum giant…

  • The Demand for Permissionless Freedom Is Just Getting Started

    The Demand for Permissionless Freedom Is Just Getting Started

    Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens are sick and tired of the manipulation. Because…

  • Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift

    Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift

    The dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions, and even tensions between allies, the push to dethrone…