Perkins Coie LLP (LexBlog Russia)

7 results for Perkins Coie LLP (LexBlog Russia)

  • Russia: Overhaul of Publicly Disseminated Data Processing

    Guest Author Bird & Bird, Anna Shashina, Partner On March 1, 2021, substantial amendments to the Russian Federal Law on Personal Data (No. 152-FZ), implemented on July 27, 2006, came into effect (“Amendments”). The Amendments change the rules on processing of publicly disseminated personal data and affect businesses that publish or use personal data on...

  • Blockchain Week in Review: Week of June 12, 2020

    Weekly Focus: The OCC Announces New Acting Comptroller and Includes FinTech Charters Among Focuses The OCC Requests Comments to Update Outdated Regulatory Requirements and New Digital Technology and Innovation SEC Commissioner Hester Peirce Nominated for Second Term SEC Freezes Assets in a Multi-Level Marketing Cryptocurrency Scheme Financial Services Committee Discusses Digital Dollar for...

  • Blockchain Week in Review: Week of March 20, 2020

    Weekly Focus: Hawaii Launches Digital Currency Sandbox Coinbase CLO appointed to Office of the Comptroller of the Currency DHS Critical Infrastructure Memo Includes Blockchain Managers Bank of Russia Reluctant to Legalize Cryptocurrencies Approved Smart Contract Certification for Argentinian Gas Distributor Thai Remittance Platform Uses Ripple Bakkt Launches Partnership with Starbucks Huobi...

  • Russia

    At least five bitcoin websites were reportedly blocked by the Federal Service for Supervision of Communications, Information Technology and Mass Media pursuant to a court order entered last year.

  • UPDATED – Russia Issues Draft Legislation Prohibiting Virtual Currencies – Translation Available

    The Ministry of Finance recently revised its proposed legislation banning virtual currency activity, reducing the applicable fines by approximately 20-50%. However, the activities banned by the proposed legislation remain as described in our previous post on this topic.

  • Russia

    The Ministry of Finance revised proposed legislation banning virtual currency activity, reducing the applicable fines by approximately 20-50%. However, the activities banned by the proposed legislation remain the same and include the creation, distribution and use of virtual currency.

  • Russia Issues Draft Legislation Prohibiting Virtual Currencies – Translation Available

    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 prohibit the distribution, creation and use of virtual currencies. The draft law: Amends Russian Federal Central Bank law to: Allow the Russian Central Bank to determine what...

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