• bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
Crypto Currency Bazaar 4u
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home CANADA

Russia Will Not Ban Cryptocurrencies, Says The Deputy Finance Minister

CB4U by CB4U
January 5, 2022
in CANADA
0
Russia Will Not Ban Cryptocurrencies, Says The Deputy Finance Minister
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The deputy finance minister Alexei Moiseev told reporters on Tuesday that Russia acclaims its position not to ban cryptocurrencies.

According to a report, Russia is not planning to ban cryptocurrencies soon like the Chinese government did last summer. The deputy minister of finance, Moiseev, said the government had no plans to impose a China-style ban on cryptocurrency trading. Russian citizens will buy and sell digital assets, including cryptocurrencies, and use foreign crypto wallets to store their assets.

Additionally, users will also be able to trade on foreign crypto exchanges and other platforms freely.

Russia recently banned all cryptocurrency payments, rejecting any proposals to accept cryptos such as Bitcoin as a legal tender. Moiseev further confirmed the law would remain in place. Furthermore, all cryptocurrency settlements are prohibited and forbidden to all Russian citizens. At the same time, citizens can buy [cryptocurrencies] and use e-wallets outside Russia.

Earlier this year, Russian members of parliament passed a law aiming to define the legal status of Bitcoin and other cryptocurrencies. The landmark bill kicked off the ban of cryptocurrencies as legal tender and as a payment option.

Recently, Russia’s Central Bank Chief, Elvira Nabiullina, said her country is working on plans to create a central bank digital currency (CBDC) is due to its perceived benefits. While the country is yet to accept Bitcoin as a legal tender, the country is rapidly moving towards a digitized financial economy.

Finally, the house of representatives also launched a crypto tax bill in February. The ‘State Duma’ passed the first reading on the draft bill affecting digital assets. The crypto tax bill, introduced to parliament by the government, aims to recognize cryptocurrency assets like Bitcoin and Ethereum as property to apply the Tax Code, the report from the parliament reads.

Advertisement Banner
Previous Post

No capital taxes on Bitcoin, PR for crypto entrepreneurs

Next Post

MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

CB4U

CB4U

Next Post
MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

Discussion about this post

RECOMMENDED

Cardano Price Analysis: ADA Price Chart Shows Increasing Selling Pressure, Time To Sell?

Cardano Price Analysis: Crypto Crash Threatens ADA $1 Support; Should You Worry?

5 months ago
A Web3 Social Network Enabling Daily Income for It’s Users

A Web3 Social Network Enabling Daily Income for It’s Users

1 month ago

DON'T MISS

Shiba Inu Retains The Largest Token Position Among Top ETH Whales

Shiba Inu Retains The Largest Token Position Among Top ETH Whales

June 26, 2022
ApeCoin Value Prediction for June 26: APE/USD Ascends to Higher Value Mark

ApeCoin Value Prediction for June 26: APE/USD Ascends to Higher Value Mark

June 26, 2022
Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months – Finance Bitcoin News

Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months – Finance Bitcoin News

June 26, 2022
$100 Billion Wiped in Mere Minutes

Bitcoin Price Analysis- Higher Price Rejection Hints BTC to Retest $20000

June 26, 2022
Crypto Currency Bazaar 4u

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Shiba Inu Retains The Largest Token Position Among Top ETH Whales

Shiba Inu Retains The Largest Token Position Among Top ETH Whales

June 26, 2022
ApeCoin Value Prediction for June 26: APE/USD Ascends to Higher Value Mark

ApeCoin Value Prediction for June 26: APE/USD Ascends to Higher Value Mark

June 26, 2022
Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months – Finance Bitcoin News

Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months – Finance Bitcoin News

June 26, 2022

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H