Organizers of financial pyramids in Russia risk spending up to six years in prison and paying hefty fines, under amendments to the Criminal Code signed today by Russia's president Vladimir …
Tag: russian financial regulation
Individuals and organizations engaged in Bitcoin-related activities in Russia face tougher penalties than originally envisaged, under plans drafted by the Ministry of Finance. As per LeapRate's earlier report, Russia's Ministry …
Vladimir Putin, the president of the Russian Federation, has made another step towards the establishment of an integrated currency market in the Commonwealth of Independent States (CIS). Last week, Mr …
The regulator is concerned that companies officially claiming to be offering binary options trading or other financial services, are indeed providing gambling services.
Both bills envisage tougher penalties for those who organize, advertise and attract investors to financial pyramids.
Russian self-regulatory authority TSRFIN states that if FX is to be regulated, it should be via combined effort between professional market participants and the central bank.
