2023-2-27 16:53 |
A report by open-source intelligence company Inca Digital alleges that two major crypto exchanges, Huobi and KuCoin, have been letting customers of sanctioned Russian banks make transactions on their platforms. origin »
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Experts warn that the high investment required to join the digital ruble platform could be prohibitive for small Russian banks, as it exceeds their annual tech budgets by several times. The entry cost for Russian banks to join the Bank…
2024-10-23 13:48 | |
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Coinspeaker OKX and Bybit Remove 2 Russian Banks from Payments List, Here’s Why The spotlight recently came on sanctioned Russian banks after they were spotted as payment options on some top crypto exchanges.
2023-8-28 14:30 | |
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The Russian Government approved the concept of the Ministry of Finance for the regulation of cryptocurrencies. To remove digital currencies from the gray zone, it is proposed to oblige users to make transactions through verified crypto wallets opened through Russian banks.
2022-2-14 15:18 | |
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Digital currency plans across nations seem to be drawing out concerns from a host of commercial banks. As a result, several questions have emerged with regard to a CBDC’s impact on private banking sThe post Association of Russian Banks cites risks associated with digital ruble appeared first on AMBCrypto.
2021-1-13 19:00 | |
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The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble.
2021-1-14 15:01 | |
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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).
2020-12-26 20:29 | |
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Russian banks and financial brokers are worried the digital ruble will be a burden for them.
2020-12-2 20:44 | |
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Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.
2020-11-27 18:16 | |
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Russian banks tap Bitcoin services abroad while the government at home sees no future for private cryptos.
2020-10-31 15:55 | |
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Five Russian banks expressed interest in a possible pilot project of the digital ruble if it is launched by the Bank of Russia. The RNKB from the disputed region of Crimea is among them.
2020-10-18 18:08 | |
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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.
2020-10-18 17:35 | |
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The OCC's door is open for banks looking to discuss getting involved in crypto services, a Russian bank issued a token-backed loan and bitcoin has been sent from space.
2020-8-20 19:15 | |
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Russian regulators have been working hard recently to come up with adequate regulations for the crypto industry. However, their efforts have yet to be included in the nation’s law. Despite this, one of the country’s banks has decided to go ahead and issue the first-ever crypto-backed loan, despite the still on-going lack of regulatory clarity.
2020-8-19 13:13 | |
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Russian banks are not waiting for full regulatory clarity to issue crypto loans.
2020-8-19 11:31 | |
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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.
2020-5-13 23:03 | |
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Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized currencies in a world where they’re racing to launch their own ones.
2019-11-30 10:34 | |
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Analyst, Chris Mancini claims governments are increasingly turning to gold, and not Bitcoin, in order to hedge against economic uncertainty. Motivated by geopolitical wranglings, as well as a desire to reduce dollar reliance, the Chinese and Russian central banks are driving demand for gold.
2019-10-23 13:31 | |
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Bitcoin’s current market capitalization would make it the 9th largest monetary system in the world, ahead of the Korean won and behind the Russian ruble. Bitcoin continues to grow The monetary base is defined by the US Federal Reserve as: “The sum of currency in circulation and reserve balances—deposits held by banks and other depository […] The post Bitcoin is the 11th largest monetary system in the world, ahead of Korean won appeared first on CryptoSlate.
2019-6-21 10:46 | |
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An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.
2019-4-19 23:21 | |
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According to a BloombergQuint report published April 17, 2019, Gerald Banks, a financier who has in past managed part of a Russian oligarch’s business venture is set to open a cryptocurrency derivative fund.
2019-4-18 17:00 | |
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As a Saudi oil minister once remarked, the Stone Age didn’t end because we ran out of stones. It seems it’s neither the deficit of a tool nor its deficiencies that make it obsolete, but rather the invention of new tools that do the job better.
2019-4-2 13:38 | |
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Russian banks have adopted the Chinese CIPS payment system, and the competition from this cross-border platform and Ripple against SWIFT could ultimately lead to the US Dollars being deposed as the leading currency in the world.
2019-4-2 11:30 | |
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Ripple partner, a Japanese Corporation, SBI Holdings has reached an agreement with two other Russian and Japanese banks. The Russian Direct Investment Fund (RDIF) and the Russian-Japanese Investment Fund to invest in SBS bank a subsidiary of SBI.
2019-1-25 07:23 | |
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Financial regulators of North Dakota have ordered a dodgy Russian cryptocurrency company to cease and desist operations in the state, after discovering it had impersonated a bank in Liechtenstein to falsely market an initial coin offering (ICO).
2018-11-20 20:00 | |
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From Washington to Moscow, cryptocurrencies have entered the agenda of those who share a vocation to rule and regulate. Following the congressional summer vacation, the House of Representatives passed a bill that will enable the Treasury to investigate crypto transactions, while a Congressman plans to introduce three drafts supporting the crypto industry.
2018-9-23 14:59 | |
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Govermedia Develops A White Label Messaging Platform For Use Within Banks GoverMedia is a company with a fully owned Russian technology subsidiary and is based in Vancouver, Canada. GoverMedia has developed a fully operational state of the art internet platform offering all-inclusive online services such as, social media, e-commerce, multimedia, crowdfunding, corporate database, corporate auctions, […]
2018-8-20 13:19 | |
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Local media outlet Kommersant reported last week about two of the largest Russian banks and their plans to offer crypto-based investment options. Alfa-Bank and Sberbank have begun experimenting with new products based on “digital financial assets” or CFA after a meeting last Wednesday.
2018-6-20 20:51 | |
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It was announced last week that two large Russian banks are building cryptocurrency portfolios for their biggest clients. Under the supervision of Bank of Russia, companies are beginning to offer customers and clients shares in a brand new fund that trades in six of the most popular cryptocurrencies available to trade on the market today.
2018-6-20 18:30 | |
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Statistics from leading job search platforms indicate that the demand for cryptocurrency and blockchain specialists in Russia remains strong. Most employers offering these vacancies are either IT companies or banks.
2018-6-19 03:10 | |
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Major Russian banks Sberbank and Alfa-Bank reportedly testing new crypto-based investment fund to include Bitcoin, Ethereum and Litecoin
2018-6-18 13:28 | |
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Two of Russia's largest banks are getting ready to release cryptocurrency trading solutions that they will offer to their clients.
2018-6-16 22:02 | |
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Two Russian largest banks will test the service of private banking for investors wishing to work with cryptocurrencies. The pilot will be launched in the regulatory sandbox of the Russian Central Bank.
2018-6-16 11:26 | |
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Indian police have arrested Aleksej Besciokov, co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the U.S. and the European Union for facilitating money laundering. Besciokov, a Lithuanian national, was detained in Varkala, Kerala, under India’s extradition law, according to…
The U. S. Treasury’s Office of Foreign Assets Control has imposed sanctions on two individuals and a company in the United Arab Emirates for facilitating North Korea’s illicit use of digital assets.
However, the new law doesn't lift the existing ban on crypto payments inside the country.
Lithuania has imposed a €9.3 million ($10.07 million) fine against local cryptocurrency firm Payeer over sanctions violations, Reuters reported on Wednesday. Specifically, Lithuania’s financial crimes watchdog, the Financial Crimes Investigation Service (FNTT), penalized the regulated crypto company for facilitating the…
A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million.
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide…