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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. дальше »
2021-6-21 06:30 | |
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Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’
Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development. дальше »
2021-6-5 09:30 | |
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Russian Central Bank Confirms Digital Rouble Trials Commence in 2022
The head of the Russian Central Bank, Elvira Nabiullina, has confirmed that digital ruble trials will begin in 2022. Earlier, the central bank of the country expressed its intention to start testing a CBDC in April. дальше »
2021-5-24 19:30 | |
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Russian Central Bank claims its digital ruble is in demand
The chairman of the Russian Central Bank said that the regulator sees high demand among commercial banks for the digital form of the ruble due to lower prices for banking operations and the ability to track transactions. дальше »
2021-5-30 15:49 | |
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Moscow opens criminal investigation into alleged fraud of WEX crypto exchange
Due to efforts of former clients of the Russian bitcoin exchange WEX, the criminal investigation of alleged fraud was handled to the central investigation department in Moscow. Ex-users also managed to find worth approximately $250 million in crypto withdrawn from WEX. дальше »
2021-3-26 22:09 | |
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Bank of Russia Head says Risks of Investing in Bitcoin Is Intensifying
The head of the Central Bank of Russia, Elvira Nabiullina, believes that the risks of investing in cryptocurrencies continue to increase. During a press conference on Friday, Nabiullina said that her views about digital currencies remain the same, as per Russian publication Tacc. дальше »
2021-2-14 19:51 | |
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Russia’s State-Owned Bank, Sberbank, Files Papers to Launch Blockchain Platform for Stablecoin
According to local reports, Russia’s largest state-owned bank filed an application to the Central Bank of the Russian Federation seeking approval for its blockchain underlying its stablecoin, Sbercoin. дальше »
2021-1-23 22:07 | |
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Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
Russia is now holding more gold than U. S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U. дальше »
2021-1-17 10:15 | |
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Russia Says Digital Currencies Could Overtake SWIFT
International Currencies The Russian state news outlet RT reported that the Central Bank of Russia says digital currencies will challenge current international banking systems. There are more than 30 central banks or other regulators that are researching Central Bank Digital Currencies (CBDCs). дальше »
2020-12-26 20:29 | |
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Digital Ruble Could Be a Reality in a Few Short Years, Says Russia
Russia’s government says that a Russian ruble will come about in three to seven years. It believes that a central bank-backed digital currency (CBDC) could help make payments transparent, thus fighting corruption and poverty. дальше »
2020-10-24 18:00 | |
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Digital ruble, the future of Russian money circulation: Russian govt official
An official from the Russian Central Bank’s National Banking Council, Anatoly Aksakov said that Russia’s CBDC, the digital ruble, would be the “future” of all money circulation in the country,The post Digital ruble, the future of Russian money circulation: Russian govt official appeared first on AMBCrypto. дальше »
2020-10-22 19:05 | |
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Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021
According to Izvestia, a Russian finance news site, the Ministry of Finance and Bank of Russia investigate other nations’ efforts in releasing a central bank digital currency (CBDC). The post, published on Monday, highlights some of Russia's advantages of launching its own digital ruble, including reducing the cost of transactions, more opportunities for cross-border payments, […] The post Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021 first appeared on BitcoinExchangeGuide. дальше »
2020-10-21 20:41 | |
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Russian Central Bank to Curb Total Digital Assets An ‘Unqualified’ Investor Can Acquire
The Bank of Russia seeks to regulate the total amount of digital assets that individual investors can buy. The central bank has published a draft of regulatory proposals highlighting how they will regulate the nation's digital assets space. дальше »
2020-10-15 22:37 | |
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Russia’s Central Bank Wants To Limit The Amount Of Crypto Unqualified Investors Can Buy Annually
Russia has been at different times hostile, unsure, or inconsistent with its stance on cryptocurrencies. In early August, reports claimed that Russian leader Vladimir Putin had signed a law that legalized digital assets like bitcoin. дальше »
2020-10-15 19:01 | |
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Russian Central Bank launches public consultations on digital ruble
The Russian central bank started a series of public consultations to explore the prospects for digital ruble. The discussion with commercial banks and financial organizations will run until December 31, 2020. дальше »
2020-10-18 17:35 | |
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Putin Approves Cryptocurrency Bill, Stopping Russians From Using Bitcoin for Payments
On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Bank of […] дальше »
2020-7-31 22:04 | |
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Russian Bitcoin Ban: Putin Outlaws Crypto as a Payment Means
Crypto as a payment means will become illegal in Russia as from 2021, following the signing of a bill into law by President Vladimir Putin. The move serves as a middle ground between the central bank’s clamor to make crypto transactions illegal and the more moderate wishes of crypto proponents in the country. дальше »
2020-8-1 21:56 | |
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Russian Central Bank To Unveil Digital Mortgage Solution Supported by Blockchain Technology
Reports have now emerged that the Russian Central Bank is well on course in developing an online Mortgage solution that is supported by blockchain technology. They are leveraging domestically produced Masterchain Blockchain. дальше »
2020-5-29 17:35 | |
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Another Demand Source for BTC In a World of Central Banks’ “Whatever it Takes” Stance
Bitcoin is up about 21% against USD YTD but a whopping 74% against Brazilian Real, 60% in South African Rand, 52% in Mexican Peso, 45% against Turkish Lira, and more than 44% in both Russian Ruble and Colombian Peso. дальше »
2020-5-13 23:03 | |
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Russian Central Bank Admits It Can’t Ban Bitcoin
The Director of the Bank of Russia’s legal department has admitted that Bitcoin and other cryptocurrencies cannot realistically ever be banned in the country. Although cryptocurrencies are not exactly legal in Russia, it seems like they won’t ever be banned, either. дальше »
2020-3-18 16:15 | |
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Central Bank of Russia Continues to Fight Against the Legal Use of Cryptocurrencies
While the Russian Ministry of Finance seeks to complete the project of the Bill “On Digital Financial Assets” (CFA) presented on February 25, 2018, The Central Bank of Russia hinders all its efforts to regulate cryptocurrencies, seeing them as an unjustified risk. дальше »
2020-3-18 18:34 | |
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Cryptocurrencies may be banned in Russia
The new version of the bill on digital financial assets contains a ban on the issuance and legal use of cryptocurrencies in Russian jurisdiction. The head of the legal department of the Central Bank of the Russian Federation, Alexey Guznov, shared information on a bill being prepared in the government, the adoption of which will […] дальше »
2020-3-17 20:08 | |
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A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect
Vladimir Potanin, one of the richest individuals in Russia and the CEO of metal conglomerate Norilsk Nickel, received approval from the Central Bank of Russia to operate a cryptocurrency. A central bank-approved cryptocurrency According to The Moscow Times, Potanin stated that the central bank has given the company the approval it needs to operate the […] The post A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect appeared first on CryptoSlate. дальше »
2020-3-1 22:14 | |
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Russia to prohibit cryptocurrency payments
The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license. дальше »
2020-3-1 10:00 | |
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Cryptocurrency-Linked Bank Accounts in Russia May Be Frozen
The Russian Central Bank is flip-flopping on cryptocurrencies and now says that bank accounts linked to virtual assets may be blocked. The latest news comes from a new amendment to anti-money laundering (AML) guidelines in the country. дальше »
2020-2-17 14:20 | |
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Russian Central Bank reports boom of cryptocurrency and ordinary Ponzi schemes
In 2019, the Bank of Russia discovered 237 financial Ponzi schemes that operated on the territory of Russia. Many of them promised high returns and encouraged investing in cryptocurrencies. дальше »
2020-2-7 15:13 | |
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Russian Central Bank Tests New Kinds of Stablecoins
Coinspeaker Russian Central Bank Tests New Kinds of StablecoinsThe Russian Central Bank is working with corporate entities in implementing its digital currency - stablecoins backed by real assets.Russian Central Bank Tests New Kinds of Stablecoins дальше »
2019-12-28 18:07 | |
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Russian Central Bank Tests Stablecoins in Regulatory Sandbox
According to recent reports, the Bank of Russia has started using a regulatory sandbox to test the performance of stablecoins. Russia Warming to Stablecoins Russia’s stance towards cryptocurrencies has always been questionable, with the country’s intentions and goals never being fully known to anyone. дальше »
2019-12-26 16:45 | |
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Failure to Bitcoin Diversify Cost Putin $12 Billion
Vladimir Putin, the Russian President, has ordered his central bank to stack up on gold for months with their reserves now rising to $102 billion worth of gold. The bet... The post Failure to Bitcoin Diversify Cost Putin $12 Billion appeared first on Trustnodes. дальше »
2019-8-10 16:28 | |
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Russian Arms Manufacturers Dodge US Sanctions With Bitcoin
Soyuzmash, the Union of Machine Builders in Russia, has asked the Central Bank for permission to accept Bitcoin and stablecoin payments for weapons deals. This, they claim, will help them to circumvent US and international sanctions. дальше »
2019-7-26 15:00 | |
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Russian Central Bank: Criminals Rarely Use Crypto to Withdraw Stolen Funds
A Russian central bank official said that criminals rarely use cryptocurrency to withdraw stolen money
дальше »2019-6-25 23:35 | |
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Russia Central Bank Mulls Gold Standard for National Cryptocurrency
Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble. дальше »
2019-5-26 01:00 | |
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Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments
By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions. дальше »
2019-5-24 22:55 | |
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Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency
Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. дальше »
2019-5-23 20:00 | |
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Venezuela and Russia May Switch to Ruble After Trying ‘Petro’ Cryptocurrency
Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used. дальше »
2019-5-18 02:00 | |
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Rumors Russia Preparing to Launch a Gold Backed Crypto Says Former Europe Minister For Portugal
Russia has been buying tons of gold for months, with their central bank buying more gold than produced by Russian mines for the first time. They might now start importing... The post Rumors Russia Preparing to Launch a Gold Backed Crypto Says Former Europe Minister For Portugal appeared first on Trustnodes. дальше »
2019-4-8 18:13 | |
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Russian Gold Stockpile Grows as Analysts Warn of Global Recession
Following sanctions imposed on Russia, Putin is supporting a mass gold stockpile expansion and a sale of U. S. debt holdings. With a trade war blazing, and sanctions laid across countries to force North Korea and its associates into submission, what happens to other economies? Countries like Russia are using this opportunity to step away from America’s mounting debt. дальше »
2019-3-22 23:00 | |
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Russian Central Bank Will Put Onerous Limits on Retail Crypto Investors
The Russian central bank seeks to impose new regulations on cryptocurrency. The central bank wants unqualified investors to be limited in how much cryptocurrency they can purchase. RCB reports that they will also institute an information-sharing system between crypto exchanges to ensure that no one goes over their limit. дальше »
2019-3-13 21:15 | |
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