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Gorodissky & Partners
Among the relatively new and quite complex financial instruments for the Russian market, in the context of a rapidly developing digital economy, it is necessary to distinguish cryptocurrencies...
Gowling WLG
According to the research firm Block, the trading volume of non-fungible tokens (NFTs) exceeded $13B in 2021. This is 400 times that for 2020 ($33M).
Foley & Lardner
CoinTelegraph.com reported that in Russian "Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared; otherwise, it could be considered a criminal act."
Gowling WLG
On January 10, 2021, the Federal law N 482-FZ came in force granting Roskomnadzor, the federal oversight service for communications, IT, and mass media, the right to block Internet resources
Gowling WLG
On July 31, 2020, Russian Federation President Vladimir Putin signed the Law on Digital Financial Assets and Digital Currency. It comes into force in January 2021.
Gowling WLG
A new draft bill, popularly backed by Russia's IT community, was introduced in the Russian State Duma in early 2020 on implementing an experimental legal framework ...
STA Law Firm
In a world that is fast moving with changing times, especially in the last decade, numerous countries have joined the technological advancement movement, Russia with the enactment of...
Gowling WLG
In recent years, thousands of websites, including torrent websites and social media platforms, have been blocked in Russia ...
Gowling WLG
From Russian rapper Basta launching his own cryptocurrency in December 2017 to top businesses exploring initial coin offerings (ICOs) and other alternative funding models...
Clyde & Co
On March 15, 2018, the Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) released a joint Technical Alert on Russian government cyber activity targeting...
Withers LLP
A friend's 16 year old son and his schoolmates are using pocket money to buy Bitcoin mining hardware.
Buzko & Partners
Financial technology ("FinTech") industry is booming all around the world, while regulators are trying to cope with emerging technologies without hampering innovation at the same time.
Kean Miller LLP
Russia's unprovoked attack on the Ukraine has not been restricted to land. Ukrainian tech resources have been hit by cyber-attacks...
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