2024-9-4 12:16 |
Sberbank, Russia’s largest lender, aims to begin offering digital ruble transactions to its customers in early 2025, according to a senior bank executive. Russia‘s banking giant Sberbank plans to start operations with the country’s central bank digital currency — also… origin »
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The Bank of Russia appears to be moving forward with plans to test cross-border crypto deals for qualified investors. Russia‘s central bank, the Bank of Russia, is considering amending the law to introduce a new category of “particularly qualified investors,”…
2024-8-26 09:58 | |
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Bank of Russia Governor Elvira Nabiullina reiterated the regulator’s belief that the digital ruble, Russia’s central bank digital currency (CBDC), will achieve widespread adoption within the next five to seven years.
2024-8-2 23:30 | |
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The Bank of Russia is set to launch the digital ruble for widespread use by July 2025, following successful pilot tests. Russia’s central bank, the Bank of Russia, could launch its central bank digital currency — also known as the…
2024-7-31 15:34 | |
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The Bank of Russia is considering approving stablecoins for cross-border trades, as local businesses explore alternative methods to conduct trade with China amid sanctions. Russia‘s central bank, the Bank of Russia, is considering the legalization of stablecoins for cross-border transactions…
2024-7-4 12:36 | |
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Bank of Russia is planning to allow mining and using cryptocurrencies for cross-border trade, the regulator said.
2023-4-19 21:49 | |
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The Central Bank of Russia (CBR) maintains this stance despite the present economic downturn.
2022-3-7 18:18 | |
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The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account.
2021-10-15 13:35 | |
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Tinkoff, the largest digital bank in Russia is considering offering cryptocurrency services. However, it says the only thing standing in its way is the stringent central bank policies on digital assets.
2021-6-4 21:10 | |
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Russia is moving a step closer to introducing a Ruble-backed digital currency. A senior executive at Russia’s central bank, the Bank of Russia, has indicated that the bank is planning to unveil a prototype for its digital ruble by the end of 2021.
2021-3-12 20:16 | |
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Sberbank, Russia’s largest state-owned bank is planning to roll out a platform that will allow its approximately 96 million clients to purchase cryptocurrencies. A report unveiled this news on November 30, citing German Gref, the bank’s CEO, who first disclosed this information during the Investor Day.
2020-12-2 17:01 | |
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Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors.
2020-10-15 11:59 | |
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The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding.
2020-10-14 21:21 | |
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Russia’s central bank, the Bank of Russia, is looking to develop a digital mortgage on Masterchain, a government-backed blockchain project. Leveraging Blockchain for Mortgage Issuance According to a report by a local news outlet, Ria, on Thursday (May 28, 2020), Olga Skoronogatova, Bank of Russia’s First Deputy Governor, revealed the plan of the central bankRead MoreRead More.
2020-5-29 07:00 | |
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Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is looking for other options.
2019-7-2 11:00 | |
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Russia’s Largest Bank Will Not Accommodate Crypto-Related Businesses Sberbank, the largest bank in Russia, has officially affirmed via its CEO Herman Gref that the institution will not create any service related to cryptocurrencies.
2019-6-7 21:28 | |
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Russia's largest bank, Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on crypto
2019-5-30 16:59 | |
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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.
2019-5-26 01:00 | |
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Russia under the press of stifling international sanctions is looking for ways to conduct international settlements. A variant with crypto is being considered – this is reported by the Russian state news agency TASS with reference to Elvira Nabiullina, the head of the Bank of Russian.
2019-5-25 14:02 | |
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The head of the Bank of Russia told a Russian governmental committee that they would consider creating a gold backed cryptocurrency. Elvira Nabiullina spoke in front of the Duma and suggested that a gold-backed cryptocurrency could be a solution for cross border payment issues that arise for Russians.
2019-5-24 09:13 | |
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According to local news publication TASS, the Bank of Russia will consider a gold-backed digital currency for use in international settlements. However, the institution remains opposed to truly decentralised crypto assets.
2019-5-24 02:00 | |
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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.
2019-5-24 22:55 | |
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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.
2019-5-23 20:00 | |
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The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.
2019-5-23 17:30 | |
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Russia’s central bank will consider an opportunity to issue a gold-backed cryptocurrency to close mutual settlements with other countries
2019-5-23 17:00 | |
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The Central Bank of Russia has recently emitted a report affirming that the draft bill on crypto regulation is currently being prepared and that it will be adopted until the Spring of this year. Russia is a major cryptocurrency market but it still struggles with the lack of proper regulation, so this is a major […]
2019-5-23 01:23 | |
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Russia’s central bank believes that the draft bill on crypto regulation is prepared enough to be adopted in spring 2019, in accordance with the order of president Vladimir Putin
2019-5-22 17:05 | |
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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.
2019-5-18 02:00 | |
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Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms
2019-5-18 02:00 | |
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On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.
2019-4-27 21:31 | |
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Central Bank Of Russia Analyses Benefits And Drawbacks Of Issuing A CBDC The Central Bank of Russia is analyzing the positive and negative effects of issuing a central bank digital currency (CBDC). The information was released by the institution on April 18.
2019-4-20 22:08 | |
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The Bank of Russia outlined potential benefits and drawbacks of central bank digital currencies in a recent report
2019-4-20 19:04 | |
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The Russian Federation doesn’t exactly scream friendliness when it comes to financial innovation, but appears to be making an exception for a company called Bank 131. At a time when Russia is taking away banking licenses, this fintech business is the first to receive a license in four years.
2019-4-12 02:13 | |
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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.
2019-4-8 18:13 | |
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A central bank digital currency (CBDC) would see central banks distribute digital money which could be redeemed for their respective domestic fiat currencies. In the case of an American CBDC, this would be the US dollar or in Russia, this would be a “Cryptoruble.
2019-4-6 12:00 | |
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Банк России и Федеральная антимонопольная служба (ФАС) представили рекомендации по раскрытию данных о комиссиях при оплате услуг в банкоматах и терминалах. Документ опубликован на сайте регулятора.
2019-4-3 19:29 | |
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There are two firms from the United Kingdom and Russia that will be offering financial services to those operating in the crypto industry. They will be offering a wide range of services such as bank accounts or payments processing solutions.
2019-3-31 19:01 | |
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Two companies from different parts of Europe have recently announced new products that cater to the financial needs of businesses in the crypto industry. The services range from opening bank accounts to providing payment processing solutions.
2019-3-30 16:59 | |
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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.
2019-3-22 23:00 | |
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The United States Treasury Department has imposed further sanctions on Russia, this time adding bank Evrofinance Mosnarbank, jointly owned… The post U.S. Treasury Sanctions Russia-Based Bank Allegedly Backing Venezuela’s Petro appeared first on Invest In Blockchain.
2019-3-13 18:46 | |
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Russia’s Evrofinance Mosnarbank Sanctioned By The US After Being Backing Venezuela’s Petro The United States has decided to add the Russian bank Evrofinance Mosnarbank to its sanctioning list managed by the Treasury Department.
2019-3-13 02:19 | |
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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.
2019-3-13 21:15 | |
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The Central Bank of Russia wants to set a yearly limit of $9,100 for “unqualified investors” dealing with crypto assets
2019-3-12 15:48 | |
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A $9 billion USD money laundering scandal was recently uncovered by the Organized Crime and Corruption Reporting Project, a group of investigative journalists. The scandal involved Troika, the largest private bank of Russia.
2019-3-7 00:09 | |
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A group of investigative journalists uncovered a $9 billion money laundering scam rooted from Russia’s largest private bank and unsurprisingly, it doesn’t involve Bitcoin. The scheme, which enabled perpetrators to funnel billions from shell companies to the global banking system, was exposed by the Organized Crime and Corruption Reporting Project (OCCRP) with assistance from the Guardian.
2019-3-6 16:12 | |
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Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages.
2019-2-24 17:04 | |
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К проекту «Маркетплейс» Банка России присоединилась ипотечная платформа, оператором которой станет единый институт развития в жилищной сфере — ДОМ. РФ. Об этом рассказала пресс-служба ЦБ.
2019-2-13 13:07 | |
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Russia’s Alfa Bank Joins Hands With Cloud-Based Solution Kvartplata To Build A Blockchain Platform For Utility Bill Payments Russia-based Alfa Bank has partnered with Kvartplata, a cloud-based solutions developer, to build a blockchain platform that will allow it to make utility bill payments.
2019-2-8 22:25 | |
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Andrey Kostin, head of Russia’s second largest bank VTB, compares crypto mining with counterfeiting, says crypto will be applied narrowly in the future
2019-2-5 18:54 | |
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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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The Russian Ministry of Finance says it’s working to regulate crypto by rolling out national infrastructure that would move the local crypto market out of the gray area. Russia‘s Ministry of Finance is stepping up efforts to bring crypto into…
Russia’s central bank has proposed allowing a limited group of Russian investors to buy and sell crypto assets like Bitcoin (BTC) under a new experimental legal regime. The apex bank seeks to establish standards for crypto-related services, boost market transparency, and expand investment opportunities for high-net-worth investors.
The Bank of Russia has submitted proposals to the government to establish a regulated framework for cryptocurrency investments under a three-year experimental legal regime. The initiative, following directives from the Russian president, would permit a restricted group of investors to…
Russia’s Deputy Finance Minister Vladimir Kolychev has dismissed speculation about including cryptocurrencies in the country’s National Wealth Fund (NWF). Earlier in the week, local media outlet Interfax reported that Kolychev clarified that the Ministry of Finance has no plans to alter the NWF’s investment structure to accommodate crypto due to their high volatility.
The US government may have missed out on a staggering $17 billion by liquidating its Bitcoin holdings instead of holding them long-term, according to White House AI and Crypto Tzar David Sacks. In a March 6 post on X, Sacks referenced an AI chatbot Grok analysis, which showed that the federal authorities offloaded Bitcoin on […] The post US government missed $17B profit by liquidating Bitcoin instead of holding appeared first on CryptoSlate.
According to central bank governor Elvira Nabiullina, the Bank of Russia is delaying the release of the digital ruble, which was scheduled for this summer but will be delayed until an undetermined future date.
Russia is delaying the mass rollout of its digital ruble to ensure the pilot runs smoothly and banks align on a viable economic model. Russia‘s central bank, the Bank of Russia, has decided to delay the mass rollout of its…