2021-3-12 01:30 |
Among nations in hot pursuit of a digital currency of their own, Russia is in the news again. Its central bank announced plans to start testing a pilot version of the digital ruble by the end of 2022.
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Anatoly Aksakov, the chairman of Russia’s Financial Market Committee in the State Duma, suggested that the Digital Ruble, a central bank digital currency (CBDC), could potentially render traditional banks redundant, as local media outlet Ria reported on Sept 5.
2023-9-6 15:55 | |
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As the international economic landscape continues to change, Russia finds itself at a critical crossroads. The country is moving forward with plans to introduce a digital ruble, aligning itself with an increasing number of nations exploring digital currency.
2023-7-19 13:30 | |
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The bill will now move to the upper chamber of the Russian Federal Assembly. If passed the bill will be signed by the president into law. The Bank of Russia (BoR) will become the principal operator of the digital ruble infrastructure.
2023-7-13 12:50 | |
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Russia's apex bank has revealed that it has started testing its digital ruble project and it will be rolled out with new features starting from 2023. The post Russia to Begin Phased Release of Digital Ruble appeared first on BeInCrypto.
2022-8-14 16:30 | |
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Digital ruble will render private crypto like Bitcoin obsolete, says Russian billionaire. Potanin believes that a digital ruble would be a more progressive move for Russia. Cryptocurrency in Russia has been on a rollercoaster ride over the last few years.
2022-2-10 17:15 | |
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As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy.
2020-10-20 12:15 | |
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Russia’s new Prime Minister, Mikhail Mishustin wants the country to develop its digital economy
2020-1-17 16:52 | |
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President of the Russian Central Bank, Elvira Nabiullina, believes there is no immediate need for Russia to explore launching a sovereign digital currency. Despite having studied and researched these topics, the central bank doesn’t believe there are any obvious benefits to the economy, as reported by TASS, October 10, 2019 Happy With Current Monetary RegimeRead MoreRead More.
2019-10-11 21:00 | |
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After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy.
2019-10-5 23:32 | |
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This autumn will see Russia adopt digital rights law after the country’s parliament passed the legislation this week
2019-3-13 14:14 | |
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Financial Markets Committee From Russia Considers Identity Verification From Crypto Users Russia’s Duma Committee on Financial Markets has reunited recently to consider whether people should be mandatorily identified to use digital assets or not.
2019-3-8 22:47 | |
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Bitcoin skeptic Vladimir Putin has set a July 2019 deadline for crypto regulations to be put in place in Russia. Putin made the announcement on the Kremlin website in a February 27 notice. In his order, President Putin told the Russian State Duma and the Council of the Federation of Russia to adopt cryptocurrency rules by July 1.
2019-3-1 00:52 | |
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Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies.
2019-2-28 09:43 | |
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Russia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies.
2019-2-28 09:43 | |
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My Tretyakov — это онлайн-галерея, над созданием которой работали компании RDI. Digital Russia и Riddle & Code из Австрии. Цель данного проекта — позволить любому пользователю из любой части мира предоставить не только доступ к шедеврам мирового искусства, но и позволить получит максимум информации.
2019-2-18 13:35 | |
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Russia’s stance on cryptocurrency remains unclear after the Minister of Justice this week announced that there is still no need to formalize crypto-related legislation. This is because digital assets cannot be used as a means of payment, it asserts, because the constitution forbids it.
2019-2-15 06:05 | |
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Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves.
2019-2-8 17:22 | |
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Europe is one of the fastest growing regions in blockchain technology as more countries and governments become friendly to the technology. The development progress in Russia, adoption in the crypto valley in Zug, Switzerland and financial options of digital assets in London show the acceptance of blockchain in the region is doing well. The latest […]
2019-1-31 19:00 | |
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Last year’s falling prices are not a good enough reason to “bury” cryptocurrencies, Russian Prime Minister Dmitry Medvedev said during a high-level economic conference. He believes Russia should carefully follow the developments around digital coins.
2019-1-18 22:25 | |
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It has long been known that dark web participants use cryptocurrency to make deals and do business. There has also been no shortage of connections of Bitcoin to hackers and even government intelligence operatives.
2019-1-16 21:59 | |
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Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble ‘Will Not Differ’ From Fiat Ruble Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the forecast speaking to local news outlet RIA Novosti.
2019-1-15 16:00 | |
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Russia’s lower house called the State Duma plans to discuss a draft crypto regulation bill in the next two months. This will most likely take place in the next two months. According to an official of the State Duma, the long-awaited crypto bill for digital assets, in part of an initiative to regulate investment platforms […]
2019-1-14 21:34 | |
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A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U. S. sanctions, a move that could happen “in a matter of weeks.
2019-1-8 20:00 | |
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Interest towards cryptocurrencies in Russia remained relatively stable throughout 2018, despite the significant drop in their prices. Ruble-denominated trade on Localbitcoins, for example, has shown a generally positive trend since last spring.
2019-1-2 14:42 | |
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Cryptocurrency transactions are becoming a viable alternative to traditional electronic payments and Russia is no exception to the trend. Recently conducted surveys indicate that a large number of Russians have already started using digital coins for online purchases and many others are willing to try.
2018-12-23 05:00 | |
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Russia’s Ministry of Finance believes that creation of a single digital currency backed by Eurasian Union is inevitable due to U.S. sanctions
2018-12-22 21:33 | |
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The State Duma, the lower house of Russia’s parliament, has postponed the second reading of a long-awaited bill intended to regulate cryptocurrencies in the country. Lawmakers will review the draft law “On Digital Financial Assets” during the spring parliamentary session next year, the house deputy speaker Sergey Neverov announced.
2018-12-20 21:00 | |
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In the absence of a comprehensive regulatory framework for cryptocurrencies in Russia, lawyers have taken matters into their own hands. A new advisory body of legal experts will look into cases where the current legislation does not reflect the specifics of the growing digital economy and propose solutions.
2018-12-16 22:10 | |
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The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as “other property.
2018-12-15 17:15 | |
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The Huobi Group recently announced the inauguration of its Russia offices and the launch of a new local exchange- Huobi Russia. The exchange will be supported by the Huobi Cloud, its regional exchange partnership program.
2018-12-10 17:29 | |
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In this edition of The Daily, Coinbase customers in certain regions can now link their Paypal accounts to withdraw fiat and sell cryptocurrencies. Also, Russia’s third-largest bank is working to launch a digital asset management service in Switzerland, and Koinex, India’s leading crypto exchange, has set up a new development center in Bengaluru, the country’s […] The post The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets appeared first on Bitcoin News.
2018-12-7 17:15 | |
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Anatoly Aksakov, the chairman of Russia’s State Duma Committee on Financial Markets, has affirmed that a state-backed stablecoin would necessarily be the equivalent to a digital fiat currency in digital space that would be state-operated.
2018-12-4 11:00 | |
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Major Changes Needed For Russia’s Crypto Draft Bill, Resulting In Regression To Reading Stage The Russian government has been working to make their country welcoming to cryptocurrency, establishing a draft bill called “On Digital Financial Assets.
2018-12-3 04:16 | |
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The US dollar's global reserve status is becoming precarious as competing superpowers China, Russia and Europe seek alternatives to the SWIFT system and trade settlement. China has harnessed blockchain and is close to a digital national currency that will integrate with national surveillance - could this be the largest market for privacy coins?
2018-11-15 15:00 | |
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On Monday, French President Emmanuel Macron released an international agreement on cyber security principles at the Paris Peace Forum. While the pact was signed by 51 countries, 130 global companies and 90 charitable groups and universities, the five most notorious countries in cyber warfare refused to sign.
2018-11-14 22:44 | |
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U. K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015.
2018-11-13 19:30 | |
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Russia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying three bills, introduced in March, to regulate smart contracts, digital currencies, cryptocurrency mining, and initial coin offerings (ICOs).
2018-11-9 02:00 | |
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The Russian branch of digital asset exchange Huobi is scheduled to open on Nov. 12 with a Russian-language website and local support services. The global cryptocurrency company wants to support Russian startups and mining projects, in addition to launching an educational program.
2018-11-8 16:05 | |
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A leading industry organization in Russia has decided to establish an arbitration body to look into disputes within the digital economy, including matters related to cryptocurrency transactions, as well as rights and responsibilities in token sales and the implementation of smart contracts.
2018-11-1 13:30 | |
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Russian lawmakers have excluded such basic terms as “cryptocurrency” and “mining” from the bill on digital financial assets.
2018-10-23 10:16 | |
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Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd.
2018-9-20 00:05 | |
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Draft laws employing alternative approaches to regulating digital currencies have been introduced in Ukraine and Russia. In Kiev, a bill that classifies cryptocurrency as an asset, unit of exchange and store of value has been filed in the Rada and it’s supported by both deputies and representatives of the industry.
2018-9-16 03:35 | |
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While Russian authorities struggle to define cryptocurrency and decide whether to ban it, regulate it or just ignore it, people buy and sell Bitcoins and other digital money on the black cryptocurrency market to the tune of millions of dollars on
2018-9-12 20:31 | |
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Digital bank Revolut is planning to expand its operations in America and Russia. Also, payment card provider Fuzex signs an agreement with Dash, a US-based startup offers an alternative to Telegram, and crypto firm Smart Valor receives approval as a financial operator in Switzerland.
2018-9-11 15:45 | |
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Police in Russia have seized 22 crypto ATMs installed in shopping malls, restaurants, and stores across nine cities. According to Sarkis Darbinyan, a lawyer from Digital Rights Center (DRC) who is representing the affected company in the legal case, all the machines are operated by Bbfpro, a company with a network of Bitcoin ATMs across […] The post Russian Authorities Confiscate 22 Crypto ATMs, Company To Appeal appeared first on ZyCrypto.
2018-9-4 17:11 | |
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Japan’s National Police Agency (NPA) has unveiled plans to implement a new software designed to track cryptocurrency transactions. Created by a secret private company, the tracking program is part of an increased national effort to prevent fraud and other criminal activity taking place in digital money markets.
2018-9-1 20:28 | |
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The Russian Federal Financial Monitoring Service (Rosfinmonitoring) is seeking to develop an analytical tool for tracking cryptocurrency transactions, specifically Bitcoin. BBC Russia reports that Russian authorities will attempt to use the new tracking system to detect cases of financial fraud and terrorist financing.
2018-8-30 20:09 | |
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The Leningrad region crypto mining facility is built at an investment cost of 500 million rubles (US $7. 3 million) and has more 3000 mining machines installed with an energy capacity over 20mW. Cryptouniverse Builds the Largest Mining Farm On Monday, August 20, the government of Russia’s Leningrad region inaugurated “the largest data processing center in Russia, designed to extract digital currency – Bitcoin,” reports local publication Chianing.
2018-8-24 04:00 | |
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In the first half of 2018, the number of cryptocurrency mining companies in Russia increased by 15%, reaching 75,000, while the number of people owning digital coins jumped by nearly a quarter to 3 million.
2018-8-3 15:16 | |
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