• Market Cap: $1,144,793,726,611.46
  • 24h Vol: $29,470,293,761.59
  • BTC Dominance: 44.82%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Vladimir Putin signs bill banning digital assets as payments into law

Jon Hartney by Jon Hartney
July 15, 2022
in Bitcoin, Blockchain, Business, Market
0
Vladimir Putin signs bill banning digital assets as payments into law
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Russia’s Parliament is also considering two other bills related to digital assets: regulating miners’ activities, and requirements for firms handling crypto transactions.

Russian President Vladimir Putin has signed a bill into law prohibiting digital financial assets as payments more than a month after it was introduced to the country’s lower chamber of Parliament.

In a Thursday update, the Russian State Duma noted that Putin signed a bill suspending certain parts of an existing federal law “on banks and banking activities,” effectively making it illegal for people to use cryptocurrencies to pay for goods and services. The initial draft of the bill from June 7 specified the “prohibition against the introduction of other monetary units or monetary surrogates on the territory of the Russian Federation.”

Related articles

US Justice Department charges two men in Mt. Gox Hack

US Justice Department charges two men in Mt. Gox Hack

June 9, 2023
Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave

Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave

June 9, 2023

The Duma chair approved the draft bill on June 8, and following revisions and other considerations, the upper chamber of Parliament, the Federation Council, approved the legislation on July 8. Under the Constitution of the Russian Federation, all bills need to be approved by both chambers before being signed into law by the president.

Cointelegraph reported in June that the bill introduced the concept of an “electronic platform” — a financial platform, investment platform or information system in which digital financial assets are issued. Under the recently passed law, these platforms will likely be required to submit transactions and actions to the Russian central bank’s registry as part of the national payments system.

Related: Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

Russia’s Parliament is currently considering two other bills related to digital assets. One will potentially regulate crypto miners’ activities in the country, requiring them to follow a certain procedure to register as sole proprietors or self-employed. Another, named “on digital currency,” proposed requirements for firms handling digital asset transactions, including licensing and disclosure about risks and data privacy.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

US Justice Department charges two men in Mt. Gox Hack

US Justice Department charges two men in Mt. Gox Hack

by Jon Hartney
June 9, 2023
0

The Justice Department claims Alexey Bilyuchenko and Aleksandr Verner took control of a Mt Gox server and stole 647,000

Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave

Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave

by Jon Hartney
June 9, 2023
0

Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting

DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined

DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined

by Jon Hartney
June 9, 2023
0

The top-100 DeFi tokens by market capitalization had a bearish week as the total value locked in these protocols fell

Argentina Ready To Support Bitcoin With Gathering And Event In Buenos Aires

Argentina Ready To Support Bitcoin With Gathering And Event In Buenos Aires

by Jon Hartney
June 9, 2023
0

Bitcoin Argentina, an NGO dedicated to bitcoin adoption in the country, is hosting an event that promises to be a

WikiLeaks Founder Julian Assange Facing Extradition After Losing Challenge

WikiLeaks Founder Julian Assange Facing Extradition After Losing Challenge

by Jon Hartney
June 9, 2023
0

The loss is an indication that further challenges will be difficult, although Assange plans to renew his appeal next

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
US Justice Department charges two men in Mt. Gox Hack

US Justice Department charges two men in Mt. Gox Hack

June 9, 2023
Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave

Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave

June 9, 2023
DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined

DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined

June 9, 2023
Argentina Ready To Support Bitcoin With Gathering And Event In Buenos Aires

Argentina Ready To Support Bitcoin With Gathering And Event In Buenos Aires

June 9, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • US Justice Department charges two men in Mt. Gox Hack June 9, 2023
  • Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave June 9, 2023
  • DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined June 9, 2023
  • Argentina Ready To Support Bitcoin With Gathering And Event In Buenos Aires June 9, 2023
  • WikiLeaks Founder Julian Assange Facing Extradition After Losing Challenge June 9, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$26,449.00-0.64%
  • ethereumEthereum(ETH)$1,836.41-0.84%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$261.38-1.20%
  • usd-coinUSD Coin(USDC)$1.000.04%
  • rippleXRP(XRP)$0.542.28%
  • staked-etherLido Staked Ether(STETH)$1,834.50-0.86%
  • cardanoCardano(ADA)$0.301642-7.10%
  • dogecoinDogecoin(DOGE)$0.0688301.18%
  • solanaSolana(SOL)$17.66-6.65%
  • matic-networkPolygon(MATIC)$0.74-5.88%
  • litecoinLitecoin(LTC)$89.130.63%
  • tronTRON(TRX)$0.071677-7.91%
  • polkadotPolkadot(DOT)$4.99-0.82%
  • binance-usdBinance USD(BUSD)$1.000.06%
  • avalanche-2Avalanche(AVAX)$13.84-1.12%
  • shiba-inuShiba Inu(SHIB)$0.000008-1.33%
  • daiDai(DAI)$1.000.03%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$26,439.00-0.72%
  • uniswapUniswap(UNI)$4.59-1.11%
  • leo-tokenLEO Token(LEO)$3.51-0.93%
  • chainlinkChainlink(LINK)$5.97-0.67%
  • cosmosCosmos Hub(ATOM)$9.20-2.90%
  • okbOKB(OKB)$44.870.42%
  • moneroMonero(XMR)$142.86-0.15%
  • ToncoinToncoin(TON)$1.690.73%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • ethereum-classicEthereum Classic(ETC)$16.96-0.21%
  • stellarStellar(XLM)$0.0882441.07%
  • bitcoin-cashBitcoin Cash(BCH)$110.59-1.01%
  • true-usdTrueUSD(TUSD)$1.00-0.02%
  • lido-daoLido DAO(LDO)$2.190.89%
  • internet-computerInternet Computer(ICP)$4.231.09%
  • filecoinFilecoin(FIL)$4.03-1.95%
  • quant-networkQuant(QNT)$107.86-2.96%
  • hedera-hashgraphHedera(HBAR)$0.048279-0.80%
  • crypto-com-chainCronos(CRO)$0.057943-1.93%
  • AptosAptos(APT)$7.37-4.06%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • ArbitrumArbitrum(ARB)$1.13-0.23%
  • nearNEAR Protocol(NEAR)$1.39-1.74%
  • vechainVeChain(VET)$0.017154-4.48%
  • apecoinApeCoin(APE)$2.83-2.98%
  • paxos-standardPax Dollar(USDP)$1.000.03%
  • fraxFrax(FRAX)$1.00-0.08%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • the-graphThe Graph(GRT)$0.111092-2.52%
  • BSCEXBSCEX(BSCX)$261.5283.44%
  • eosEOS(EOS)$0.890.40%
  • rocket-poolRocket Pool(RPL)$47.32-0.32%
  • algorandAlgorand(ALGO)$0.1248610.43%
  • elrond-erd-2MultiversX(EGLD)$34.77-0.93%
  • blockstackStacks(STX)$0.64-2.65%
  • the-sandboxThe Sandbox(SAND)$0.473290-3.17%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,973.81-0.86%
  • aaveAave(AAVE)$59.99-0.04%
  • optimismOptimism(OP)$1.33-3.83%
  • render-tokenRender(RNDR)$2.26-0.18%
  • fantomFantom(FTM)$0.287686-3.11%
  • tezosTezos(XTZ)$0.83-1.11%
  • theta-tokenTheta Network(THETA)$0.75-1.47%
  • usddUSDD(USDD)$1.000.02%
  • decentralandDecentraland(MANA)$0.408152-3.05%
  • immutable-xImmutableX(IMX)$0.731.20%
  • Bitget TokenBitget Token(BGB)$0.504.17%
  • axie-infinityAxie Infinity(AXS)$6.05-3.47%
  • BitDAOBitDAO(BIT)$0.477912-0.63%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.81-0.15%
  • radixRadix(XRD)$0.066977-0.87%
  • havvenSynthetix Network(SNX)$2.05-1.13%
  • kucoin-sharesKuCoin(KCS)$6.72-1.19%
  • flowFlow(FLOW)$0.62-1.86%
  • neoNEO(NEO)$9.01-0.88%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • curve-dao-tokenCurve DAO(CRV)$0.76-0.82%
  • galaGALA(GALA)$0.025674-1.75%
  • terra-lunaTerra Luna Classic(LUNC)$0.000100-0.85%
  • bitcoin-cash-svBitcoin SV(BSV)$29.99-1.13%
  • gatechain-tokenGate(GT)$4.141.77%
  • gemini-dollarGemini Dollar(GUSD)$1.00-0.23%
  • makerMaker(MKR)$625.78-0.34%
  • injective-protocolInjective(INJ)$6.91-1.28%
  • kavaKava(KAVA)$0.94-5.15%
  • marumaruNFTmarumaruNFT(MARU)$0.24991121.40%
  • klay-tokenKlaytn(KLAY)$0.1644820.86%
  • bittorrentBitTorrent(BTT)$0.000001-0.78%
  • xdce-crowd-saleXDC Network(XDC)$0.0358142.95%
  • pax-goldPAX Gold(PAXG)$1,919.87-0.47%
  • iotaIOTA(MIOTA)$0.177004-2.02%
  • Tokenize XchangeTokenize Xchange(TKX)$6.150.03%
  • tether-goldTether Gold(XAUT)$1,959.99-0.15%
  • PepePepe(PEPE)$0.0000014.43%
  • compound-ethercETH(CETH)$36.89-0.87%
  • casper-networkCasper Network(CSPR)$0.043280-1.49%
  • huobi-tokenHuobi(HT)$2.921.47%
  • conflux-tokenConflux(CFX)$0.225503-3.20%
  • chilizChiliz(CHZ)$0.087198-0.80%
  • binaryxBinaryX(BNX)$165.90-5.97%
  • gmxGMX(GMX)$51.19-0.99%