Criticism aimed at authorities and the new legislation on “digital financial assets” is mounting in Russia. Local officials have rebuked lawmakers in the capital over slow progress, warning that the country will have to catch up with others. Experts from the crypto sector have expressed concerns about many unresolved issues in the proposed legal framework. Russian deputies are preparing to introduce two drafts on cryptocurrencies and crowdfunding, while more than 50 other digital economy bills are pending in parliament.
“Russian parliamentarians have spent a whole year discussing regulations, never reaching a unified stance on a concept to develop the digital economy. Authorities and entrepreneurs have not been able to formulate a consolidated position on cryptocurrencies”, a local official said during a meeting in the State Duma. “We need to hurry up”, Alexandr Brechalov, head of the Russian republic of Udmurtia, told deputies in the federal assembly. Like many of his colleagues in other Russian regions, Brechalov sees many opportunities for development in the crypto sector. His republic is home to large industrial enterprises, including IZHMASH – the machine-building concern producing AKs, drones and robots for the Russian military. Digitalization would boost other sectors of the local economy and the governor has an idea in that respect. “I heard suggestions about pilot projects. Udmurtia is ready to be the sandbox”, Brechalov said, quoted by RBC. The young politician sharply criticized bigwigs in Moscow for their “excessive caution that once again puts us in the position to catch up”. He thinks the proposed legislation does not provide guidelines for the development of the crypto economy. It also leaves several issues unresolved, including the regulation of crypto exchanges and the taxation of cryptocurrency transactions. The governor thinks ICOs are over-regulated and that may force companies to look for other jurisdictions.
Some of Brechalov’s comments are echoing concerns expressed recently by several legal experts working in the Russian crypto sector. The lawyers told Bitsmedia that the law prepared by the Finance Ministry needs serious revision – if adopted in its current shape and form, many questions would remain unanswered. The experts admit they cannot figure out what legal rights and obligations market participants have. The criteria to determine if a digital coin is legal is also unclear. Lawmakers have provided guidelines for ICOs but have not defined the status of tokens. Smart-contracts have been treated like ordinary contracts in the new legislation, but no such term exists in the Civil Code.
The man convicted of creating the Silk Road marketplace, Ross Ulbricht, has lost yet another appeal to extend his “post-conviction relief.” Judge Katherine Forrest, the judge who sentenced Ulbricht to a double life sentence in 2015, denied the legal team’s attempt to renew the case even if additional circumstantial evidence is found in the future.
This month the Judge who handed down two-lifetime prison sentences to Ross Ulbricht denied yet another appeal from within this ongoing court battle. Ulbricht was convicted in February 2015 for creating and running the underground online marketplace the Silk Road from 2011 to 2013. He is currently serving a double life sentence without the chance of parole for money laundering, conspiracy, computer hacking, and narcotics traffic. Over the past few years, Ulbricht’s family members and his legal team have been trying to appeal the sentence with many attempts to re-open the case. The last undertaking took place last year in the U.S. Court of Appeals for the Second Circuit, and the panel of Judges denied the appeal.
Now, according to court documents obtained by the Ars Technica columnist Cyrus Farivar, three years later Judge Katherine Forrest is throwing her judgment down again towards the convicted Silk Road creator. Ulbricht’s new lawyer, Paul Grant, tried to extend the fixed three year period with a motion called “Rule 33.” This means that when Ulbricht was sentenced three years ago, there would be a period of time that could be extended if circumstantial evidence was found. “The motion to extend time for a Rule 33 motion is DENIED,” Judge Forrest explains in her recent notes. “A Rule 33 motion is not an opportunity to relitigate that which has been litigated, or to engage in a fishing expedition for new evidence.”
Escape Games - Ancient Cave is another point and click escape game developed by 5ngames. Assume that you are trapped in an ancient cave as you went there to collect some precious objects. The quest turned out to be a disastrous one as you are stuck inside the cave now. You must try to escape from the cave on your own by unlocking the main door with the key. Therefore, find the key to the door by relating objects and solving puzzles. Have fun!
Potty RacersPorta Potty + Hill + Wheels = Insanity! Its the stinkiest race in town, baby! Upgrade your poo shack until you pwn your filthy competition! The crashes are brutal, though...
Fun Tortoise AdventureFun Tortoise Adventure is another point and click level escape game developed by gamesclicker.A fun tortoise was trapped in the forest area.The tortoise go an collect to the clue to escape from the forest.The action of fun tortoise would be enjoyable.Solve all puzzles in this point-and-click game and ensure the each and every stage to escape from this forest.The way of adventure will give the new exciting experience.Have more fun.Good Luck.
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Can You Escape Locked HouseThis house is locked completely and there is a boy in the house who is stuck inside a room. You need to get into the house and help the boy escape from the house. Solve puzzles and find keys to get into the house and release the boy. Have fun!
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MD Private officeWe have checked inside the bank MD house and found that Md have private office. So we need to check in that office whether he will be the suspect to this case. Let's hope this will be end of this case. Search for hidden objects and find the clues . Have fun and greater excitement of playing our escape games.
Grandfather RescueThere was a beautiful small house on a beautiful hill. On the other side, another house is located between two trees. Many of the spots have been hidden in places where the natural beauty is. Find all the mysteries there. Located at the foot of the hill, you have to save a grandfather at home. Congratulations to find the right clues and save that grandfather.
Modern Clubhouse EscapeDuring his trip, a tourist trapped inside Modern Clubhouse. There are some clues, puzzles and objects left. Find those objects and hints, solve the puzzles and help the tourist to escape out. Good luck and have fun!
AromaAROMA is an interesting point and click type new escape game developed by ENA Game Studio. Presume a situation you are waiting for Santa with christmas gift.Santa came with a precious gift, but he was tired.Santa asked you that he needs a cigar.You Knew that your dad has a cigar somewhere in the house.Now you have to find the cigar for Santa.Click on the objects to interact with them and solve some interesting puzzles. Keep playing ENA games and have a happy Christmas.
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Ten Keys Adventure EscapeIn this Ten Keys Adventure escape game. Try to escape from the forest by finding items and by solving the puzzles. Use your best escape skills. Good luck and have fun.
Escape Dry DesertYou are lost in the dry desert. Look around, see what you can find to help you escape before you dry up from lack of water!
Halloween House EscapeImagine that you are trapped inside a witch house on a Halloween eve. Escape from the Halloween house before the witch arrives. Find some hidden object to solve some interesting clues to escape the Halloween House. Good luck…Have fun!
Top10newgames Escape From SalonEscape From Salon is another point and click escape game developed by Top 10 New Games. Assume that you are trapped into a salon you are trying to escape from salon by using objects, hints and solving puzzles. We hope you will escape from there. Good luck and have fun!