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Bitcoin Russia

BakerHostetler

Weekly Blockchain Blog - March 2025 #2

BakerHostetler on

Executive Order Establishes Strategic Bitcoin Reserve, Digital Asset Stockpile - On March 6, President Trump issued an executive order (EO), Establishment of the Strategic Bitcoin Reserve and United States Digital Asset...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - December 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

Flaster Greenberg PC

Russian Electricity Shortages Limit AI Ambitions

Flaster Greenberg PC on

Paradoxically, the world of the mid 2020s is a world in which countries otherwise rich in energy supply nonetheless have been having trouble keeping the lights on, both undermining their political, societal, and economic...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - October 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

Womble Bond Dickinson

Ubiquitous and Creative Fraud is Regular Feature of DeFi

Womble Bond Dickinson on

If you read the hype, then you will have read that lack of regulation, speed of transactions, irreversibility of trades, and hidden identities are positive features of the crypto world. Crypto enthusiasts say that finance can...more

BakerHostetler

New Crypto Payment Initiatives; Regulators Address Crypto in Speeches; Lawmakers Propose Legislation; OFAC Sanctions Crypto...

BakerHostetler on

Crypto Payment Initiatives Announced in Stablecoins, Lightning Network, Mining - Late last week, the issuer of USD Coin (USDC) announced that it had selected a major U.S. bank as a primary custodian for USDC reserves....more

Robinson+Cole Data Privacy + Security Insider

Global Law Enforcement Win: Germany Shuts Down Hydra and U.S. Department of Treasury Follows With Sanctions

In a win for global law enforcement, Germany’s Bundeskriminalamt (BKA) announced on April 5, 2022, that it had officially taken down the infrastructure of Hydra, a Russian-based, illegal dark-web marketplace that has...more

Perkins Coie

Blockchain Week in Review - March 2022 #2

Perkins Coie on

Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto in Ukraine - On March 16, Ukrainian President Volodymyr Zelenskyy signed the Law on Virtual Assets. According to a statement by the Ministry of Digital...more

Perkins Coie

Blockchain Week in Review - March 2022

Perkins Coie on

...Treasury Releases National Risk Assessments - The U.S. Department of the Treasury (Treasury) issued the 2022 National Risk Assessments (NRAs) on (1) money laundering, (2) terrorist financing, and (3) proliferation...more

Cadwalader, Wickersham & Taft LLP

In Depth: Listen to Your Regulator on Sanctions and Crypto

It should come as no surprise that the crushing sanctions imposed on Russia in recent weeks will be met with efforts to evade their impact. From Russian firms starved for U.S. dollars to oligarchs starved for that new villa...more

Sheppard Mullin Richter & Hampton LLP

Crypto and Russia Sanctions: A Primer and Survival Guide For Crypto Companies

The recent comprehensive economic sanctions by the U.S. and other nations against Russia has propelled the crypto community onto the geo-political stage in a major way. As with other forms of payment and methods of money...more

BakerHostetler

Executive Order Addresses Digital Assets; Banks and Restaurants Launch Crypto Initiatives; FinCEN Issues Alert; SEC, CFTC and DOJ...

BakerHostetler on

This week, President Joe Biden signed “Executive Order on Ensuring Responsible Development of Digital Assets” (EO). According to a fact sheet published with the EO, the EO calls for measures to accomplish the following...more

Hogan Lovells

Global Payments Newsletter, February 2022

Hogan Lovells on

Key developments of interest over the last month include: Stop Press: The international response to Russia’s invasion of Ukraine on 24 February 2022 includes a number of significant economic sanctions measures. See our latest...more

Perkins Coie

Blockchain Week in Review - November 2020

Perkins Coie on

U.S. Developments - DOJ Seizes More Than $1 Billion in Cryptocurrency from Silk Road Hacker - On November 5, the U.S. Department of Justice (the DOJ) announced that it seized more than 69,000 Bitcoin, now worth more than $1...more

Perkins Coie

Blockchain Week in Review - August 2020 #2

Perkins Coie on

U.S. Developments - California Appellate Court Upholds Coinbase Summary Judgement - On August 10, California’s First Appellate Court sustained a summary judgment from a lower court in favor of Coinbase against plaintiff...more

Jones Day

The Year in Bankruptcy: 2017

Jones Day on

The initial year of the Trump administration colored much of the political, business, and financial headlines of 2017, both in the U.S. and abroad. Key administration-related developments in 2017 included U.S. withdrawal from...more

Kramer Levin Naftalis & Frankel LLP

Global Regulators Increasingly Shifting Focus to Cryptocurrency

Until recently, cryptocurrencies had largely avoided the regulatory spotlight. While financial market regulators monitored the emerging sector, they largely maintained a hands-off approach as it remained on the periphery of...more

Sheppard Mullin Richter & Hampton LLP

Could the Crypto-Rouble Spell Crypto-Trouble for Sanctions?

Russian President Vladmir Putin has directed his government to develop a state-backed cryptocurrency, according to a Financial Times report published on January 2nd. A Putin advisor says that the “Crypto-rouble” could be used...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2017 #2

Robinson & Cole LLP on

$64 Million in Bitcoin Stolen from NiceHash - Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Recently, Massachusetts Secretary of State William Galvin warned investors to stay away from...more

Perkins Coie

Blockchain Week in Review – October #8

Perkins Coie on

Below is a summary of some of the significant legal and regulatory actions that occurred over the past week. This alert is not intended to be a comprehensive list of all such developments, but rather a selection of...more

Perkins Coie

Fintech Week in Review – October 2017

Perkins Coie on

Below is a summary of some of the significant legal and regulatory actions that occurred over the past week. This alert is not intended to be a comprehensive list of all such developments, but rather a selection of...more

Akin Gump Strauss Hauer & Feld LLP

FinCEN Action Demonstrates the Agency’s Ability to Use Anti-Money Laundering Laws Against Non-U.S. Entities

On Wednesday, July 27, 2017, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a $110 million fine levied against BTC-e, a digital currency exchange, for BTC-e’s alleged refusal to abide by...more

Perkins Coie

Russia Issues Draft Legislation Prohibiting Virtual Currencies

Perkins Coie on

Last week, the Russian Finance Ministry, in conjunction with the Ministries of Economic Development, Communications, Internal Affairs and Financial Monitoring, issued draft legislation amending existing Russian law to...more

Pillsbury - Internet & Social Media Law Blog

Russia Cracks Down On Bitcoin

Both the Central Bank of Russia and the Russian Prosecutor General's Office explained that the rouble is the country's sole official currency and that the production of alternative monetary products, such as Bitcoin and other...more

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