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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
As has been widely noted, online trade grew significantly in 2020. Confined to their homes, consumers relied on the internet for buying food, household products, medical supplies, ...
Rahman Ravelli Solicitors
Syed Rahman of financial crime specialists Rahman Ravelli considers the scale of the problem.
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
Improving electronic interactivity has been a high priority for the Russian Patent and Trademark Office (Rospatent) in recent years, especially since the launch of the Digital Economy Programme in...
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...
Squire Patton Boggs LLP
We recently published a blog identifying issues which cryptocurrency pose in insolvencies; not least identifying and classifying it, how to take control
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...
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.
European Union
Hughes Hubbard & Reed LLP
On April 8, 2022, the EU imposed further restrictive measures on Russia "in light of Russia's continuing war of aggression against Ukraine, and the reported atrocities committed by Russian armed forces in Ukraine."
K2 Integrity
Stuart Levey, the first ever Under Secretary of the US Treasury for Terrorism and Financial Intelligence, joins his former colleague Juan Zarate, Global Co-Managing Partner, for a one-on-one conversation...
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