Russia May Introduce Fines For Crypto Mining

News, Regulation | June 11, 2019 By:

Anatoly Aksakov, chairman of Russia’s State Duma Committee on Financial Markets, said that they are considering introducing administrative penalties for crypto mining by the end of this month.

In an interview with local media outlet TASS, Aksakov said that operations related to cryptocurrencies are not covered by the Russian laws and will be considered as illegal,

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Russia To Create Ruble-Pegged Stablecoin

News | November 5, 2018 By:

Anatoly Aksakov, chairman of Russia’s State Duma Committee on Financial Markets, said that they are considering the creation of a ruble-backed stablecoin.

During a press conference on the growth of the debt load of Russian citizens, Aksakov said that he is confident that the government will back a cryptocurrency,

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