2020-8-19 11:31 |
Russian banks are not waiting for full regulatory clarity to issue crypto loans.
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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…