Sber, Russia’s largest bank, is apparently struggling to obtain regulatory approval for its digital asset issuance platform as the company continues delaying registration plans. Source: […]
Russians transact $5B in crypto each year, Bank of Russia says
Russian people are among the world’s most active participants of the cryptocurrency market, according to the country’s central bank. Source: cointelegraph.com The Bank of Russia […]
Bank of Russia plans to take fees for CBDC transactions: Report
The Russian central bank continues to disclose more details about its upcoming digital currency and is now reportedly planning to take commissions for the digital […]
Digital ruble should not affect inflation, Bank of Russia says
The Bank of Russia will only fully adopt a central bank digital currency (CBDC) if the digital ruble meets several conditions within pilot tests, governor […]
Russia to change laws for digital ruble, while central bank mulls 2022 prototype
On Tuesday, Elvira Nabiullina, governor of Russia’s central bank, said that the country will have a prototype of its digital rouble platform ready by early […]
Bitcoin price descending channel and loss of momentum could turn $60K to resistance
Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to […]
Major Russian bank explores crypto investment amid strong demand
Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from […]
Russian crypto market worth $500B despite bad regulation, says exec
The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive. […]
Putin’s internet ombudsman pessimistic about crypto regulation
Despite Russian officials’ increased interest in cryptocurrencies like Bitcoin (BTC), Russia’s internet ombudsman expressed confidence that local crypto regulations will remain largely prohibitive. Source: cointelegraph.com […]
Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says
Despite Russia adopting its first cryptocurrency law in January 2021, the country’s cryptocurrency market is still largely unregulated and is associated with a lot of […]