• Russians not invest in crypto
    Cryptocurrencies

    Just one in 10 Russians would invest in crypto

    Russia is among the top countries when it comes to the use of crypto in everyday activities, but only 10% of local bank users would invest in crypto assets.

    Such a low percentage of Russian investors interested in cryptocurrency is particularly surprising given that a recent study according to which the country is among the top 10 countries worldwide when it comes to the use of crypto assets in everyday activities.

  • Alexander Zhuravlev, managing partner of the Efficient Business Resources (EBR) law firm, chairman of the commission for the legal support of the digital economy in the Moscow branch of the Russian bar association, and cofounder of the additional education program at the Russian organization of BCL, or Blockchain Lawyers (via Alexander Zhuravlev).
    Europe

    ‘If legislation does not exist, is everything permitted?’: An in-depth look at Russia’s long path to crypto legislation

    Russia has been struggling to pass comprehensive cryptocurrency reform for over two years. With the bill on crowdfunding finally set to go into effect in 2020, what’s going on with the arguably more crypto-related bill on digital financial assets?

    Russia’s path to cryptocurrency legislation been long and complex, but that’s nothing out of the ordinary for a country seems to do a lot of things the hard way.