Tag: russia

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    Russia’s Impending Crackdown on Bitcoin Conversion Into Fiat

    New reports from this weekend indicate that Russia is slated to become the latest country attempting to control the usage of bitcoin. News agency Russia Today reported Friday that a “top official” in the country announced the passing of a law which would prevent the exchange of bitcoin into fiat currency...

    Jayanand Sagar | September 14, 2014 | 2:08 pm
  • Is Russia Considering a Bitcoin Ban?

    There has been no shortage of chatter surrounding the legalities of bitcoin in Russia, but a new proposal from the country’s Ministry of Finance could see the usage of bitcoin effectively banned moving forward. Last week, an announcement came through on the Ministry’s own website at regulation.gov.ru with reference to...

    Jayanand Sagar | August 5, 2014 | 10:14 am
  • Russia's Stance on Bitcoin May Be Changing For the Good

    With previous news items suggesting that authorities in Russia have been cracking down on the use of bitcoin and other digital currencies, we’re now learning that there may be a change of heart going on. According to a report published by the Wall Street Journal, The Bank of...

    Jayanand Sagar | July 2, 2014 | 1:24 pm
  • Bitcoin Conference Comes to Moscow, Russia

    The land where uncertainly surrounding the use of cryptocurrencies is very much and issue at the moment is becoming host to its very own bitcoin conference. Bitcoin Conference Russia is taking place in Moscow come the 23rd of April, and aims to discuss current issues surrounding the digital...

    Jayanand Sagar | March 8, 2014 | 8:55 am
  • Russia Might Be Loosening Their Stance on Bitcoin

    In response to a letter written by a Russian national to the the country’s central bank regarding a “ban” of the digital currency in February, the Bank of Russia has reportedly said that the outcome of February’s meetings between officials in the country did not conclude with a...

    Jayanand Sagar | March 6, 2014 | 2:31 pm
  • Bitcoin and Other Digital Currencies Banned in Russia

    If BTC-e’s move this morning to officially halt Ruble deposits and withdrawals was any hint, it now seems a sure thing that the Russian Central Bank is quite simply saying no to bitcoin and other digital currencies. “The monitoring of the use of virtual currencies shows an increasing interest...

    Jayanand Sagar | February 7, 2014 | 6:32 pm
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    BTC-e Stops Russian Ruble Deposits and Withdrawals

    Bulgaria-based BTC-e today announced the indefinite halting of both deposits and withdrawals of the Russian ruble via the QIWI system and other methods. The news comes following an uncertain climate in Russia with regard to cryptocurrencies, in which it has previously been said that the use of bitcoin...

    Jayanand Sagar | February 7, 2014 | 8:59 am
  • BTC-e Investigation News Was the Result of a Page Hack

    On Monday it was reported that Bulgaria-based digital currency exchange BTC-e was under investigation in Russia for allegedly breaking a number of laws. As it turns out, the story was untrue. The update comes from the Volgograd prosecutor’s office, who reports that the initial report was the result...

    Jayanand Sagar | February 4, 2014 | 9:30 am
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    Digital Currency Exchange BTC-e Under Investigation in Russia

    Bulgaria-based digital currency exchange BTC-e is reportedly under the microscope of Russian officials, according to a news report published here. The report indicates that the prosecutor’s office in Volgograd is involved, and is actively looking for any violations of the law BTC-e may have been involved in. The...

    Jayanand Sagar | February 3, 2014 | 1:59 pm
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    Central Bank Russia: Users Bitcoin Unintentionally Violating Law

    Russia and bitcoin aren’t quite getting along at the moment, with the central bank of the country (CBR) issuing a warning on the use of the virtual currency. The statement, found here, warns of the usual perils one may encounter when getting involved (volatility, for example), and perhaps...

    Jayanand Sagar | January 28, 2014 | 12:14 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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