Tag: russia

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Russia Sets A New Weekly-High Bitcoin Trading Volume on LocalBitcoins

It is evident Bitcoin is taking off in Russia, as weekly trading volumes continue to increase on a near-weekly basis. Just last week, a...

Russia Bans LocalBitcoins; Tor & VPN Instructions Released

Roskomnadzor, the Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications of Russia, has officially blocked access to over-the-counter...

Bitcoin Will Not Be Banned In Russia After All

Russia’s stance on Bitcoin and cryptocurrency has changed yet again. For the longest time, the country’s officials seemed poised to ban Bitcoin altogether. But...

Will Russia Succeed in Killing Bitcoin on Its Soil?

What does the Russian Ministry of Finance want from Bitcoin? It is a tricky answer but goes something like this. The Russian Ministry of...

Bitcoin Law in Russia – Imprisonment for 2 Years and a Penalty of 500000 Rubles

There have been news reports about Russian Finance Ministry proposing new laws against the use of bitcoin and other virtual currencies in the country....

Bitcoin Can Lead to 4 Year Jail Time in Russia! Are You Kidding?

The use of bitcoin has been growing internationally. Some of the countries are more receptive to bitcoin as an alternative digital currency while there...

Will Russia Spell Trouble to BitRuble?

Bitcoin is a global digital currency. Even though it can be used by anyone to make transactions across geographic borders the same way as...

Bitcoin and Russia — the Roulette Continues

Bitcoin and Russia have been in a troubled relationship for a long time now. There have been all kinds of reports on the country's...

All’s Not Good on the Russian Front

The recent celebrations marking Russia's changing stance against Bitcoin seems to be short lived. Roskomnadzor, the Russian media watchdog has allegedly issued a notice...

Digital Currency in Russia, Vlad Addresses the Topic

There was a lot of apprehension about the future of bitcoin in Russian Federation. Until recently, it was believed that bitcoin and other digital...

For Every “Bad” Bitcoin, There is a Good One Waiting in the Wings

At the moment, the bitcoin price isn’t experiencing much change.  It’s currently hovering at around the $220 range, and for some this is good...