It’s been two months since Russia passed the sovereign internet law giving it the right to cut Russia from the rest of the online world. Not much has changed, despite fears that the new legislation would usher in an era of strict control. Experts say the Russian legal and administrative systems contains enough loopholes and …
Will Russia enforce its new Internet laws in 2020? Read More
Although many of them are still wary about legalizing decentralized digital money, governments around the world are nevertheless tempted to tap into incomes from the cryptoconomy or feel obliged to prevent illicit uses of cryptocurrencies. With each step authorities take to achieve their goals in either of these directions, however, they inevitably add another layer …
Russia’s Supreme Court recognizes tokens as assets like money and property Read More
Rambler Group has withdrawn its claim against Twitch, a streaming service controlled by Amazon, over alleged piracy broadcasting of English Premier League games. No financial compensation has been sought or paid after Twitch withdrew the litigious content, as reported by Reuters. “We are glad that we reached the common understanding and closed the trial proceedings, and …
Rambler Group drops suit against Twitch over litigious sports content Read More
Russia’s third-largest internet company Rambler wants a record 180 billion rubles ($2.87 billion) in compensation from Amazon’s streaming giant Twitch over illegal streams, the Kommersant business daily reported Monday, the second high-profile action Rambler has taken against a U.S. tech company in less than a week. Rambler wants to ban Twitch and seek damages over what it …
Russian Internet group Rambler sues Amazon’s Twitch for $3 billion Read More
Last week in Moscow an unexpected criminal case tarnished one of Russia’s best tech success stories – that of Nginx, the world’s most popular web server, which was sold to a US industry giant 15 years after being created by an obscure Russian system administrator. On Thursday, December 12, law enforcement raided the company’s Moscow office. Armed …
Rambler triggers criminal case against Nginx over IP rights, then steps back Read More
US and British law enforcement officials announced charges Thursday against two Russian nationals they think are responsible for separate global hacking schemes. Some of the largest pieces of malware ever seen were deployed to swipe tens of millions of dollars from the bank accounts of unsuspecting victims. Officials identified those charged as Maksim Yakubets of Moscow and …
US and UK accuse two Russian nationals of causing tens of millions in hacking damages Read More
Russia will soon force tech companies to pre-install Russian-made government-approved applications and software onto new smartphones, tablets, PCs and other devices. The measures — dubbed the “law against Apple” due to the U.S. iPhone maker’s refusal to sell products loaded with third-party apps — sailed through the Russian parliament and was rubber-stamped by President Vladimir Putin Monday. …
Russia mandates pre-installed Russian-made apps on all smartphones, tablets and computers Read More
Last week President Vladimir Putin signed the formal decree making the necessary changes to Russian law for the Yandex to change ownership and governance rules. These changes, their background and implications were analyzed by Mrs. Tatyana Stanovaya, the founder of the political analysis project R.Politik and a nonresident scholar at the Carnegie Moscow Center. Earlier this month, Russian …
At present, cryptocurrencies don’t have any legal status and are not regulated in Russia. Yet a company called Artel has managed to officially add bitcoin to its authorized equity capital. Not without giving the entity a hard time, the country’s Federal Tax Service eventually agreed to register the change in its status. According to experts …
Russian tax authority registers crypto as part of a company’s capital Read More
Russia’s State Duma, the lower house of parliament, has adopted the final reading of amendments to the law on mass media, applying the status of “foreign agent” to mass media outlets. If approved by the upper house of parliament and signed by the President, the law will designate any legal entities or individuals as foreign agents if they …
New legislation considers bloggers with income abroad as ‘foreign agents’ Read More
Yandex, the NASDAQ-listed Russian Internet leader, is planning a major overhaul of its governance structure, answering a long-standing government pressure over its governance and ownership. Under the plans announced yesterday, Yandex will create a new “Public Interest Foundation” which will control Yandex’s so-called golden share, providing veto power over significant ownership transactions. Since 2009, this golden …
On November 5, Russia’s State Duma approved the first reading of a new bill that would obligate non-Russian producers of smartphones, computers, and smart TVs to pre-install Russian-made apps on their devices. If it ultimately becomes law, the bill will likely take effect on July 1, 2020. Under such legislation, the executive branch of the …
