Russia Issues Warning to the West About Seizing Its State Assets LeapRate

February 13, 2024 BY Simon Mugo

Russia Issues Warning to the West About Seizing Its State Assets

The situation arose after the United States, along with its allies, imposed restrictions on dealings with Russia’s central bank and finance ministry following President Vladimir Putin’s decision to deploy troops to Ukraine in 2022. These measures effectively immobilised approximately $300 billion of Russia’s sovereign assets in Western countries. On Monday, the European Union announced the…

January 03, 2018 BY Mariela Naydenova

Russia "on its way" to the CryptoRuble

Russia has been one of the countries with the most controversial views on cryptocurrencies. The government announced in mid-2017 that the country had blocked Russians from accessing any cryptocurrency exchanges. Vladimir Putin has, however, said numerous times that he is looking into cryptocurrency opportunities. In addition, several educational reforms in leading Russian universities have been…

October 11, 2017 BY Mariela Naydenova

Putin Up For More Cryptocurrency Regulations

The president of Russia, Vladimir Putin, is currently calling for stricter cryptocurrency regulations, as he shared his beliefs about the danger and risks that digital currencies may pose to the world, according to International Business Times. Putin, during a meeting in Sochi on October 10th, said: "Cryptocurrencies are issued by an unlimited number of anonymous…

March 30, 2016 BY Maria Nikolova

Russia introduces prison sentences for financial scammers

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 Putin. The new penalties are introduced after earlier this month Putin signed another law that introduced fines for those who support financial pyramids by presenting them…

March 11, 2016 BY Maria Nikolova

Vladimir Putin signs Law introducing fines for supporters of financial pyramids

Russia's president Vladimir Putin earlier this week signed “Federal Law On Amendments to the Russian Federation Code of Administrative Offences”, with the document introducing tougher penalties for those who support the activity of financial pyramids. The Law envisages administrative fines for individuals and businesses that organize financial pyramids and attract investors. There are fines also…

December 21, 2015 BY Maria Nikolova

Vladimir Putin signs law on integrated currency market in CIS

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 Putin signed the Federal Law On Ratifying the Agreement on Cooperation in Organising an Integrated Currency Market between Commonwealth of Independent States Member States. In…

August 31, 2015 BY Maria Nikolova

Tag: Vladimir Putin