Binance Joins Association of Russian Banks, Strengthening Strategic Relations
Binance cryptocurrency exchange has joined the Association of Russian Banks (ARB), which arguably bolsters its relationship with top financial institutions…
Bank of Russia Commences Digital Ruble Trials
The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for…
Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR
The bearish stance of the Bank of Russia has not in any way deterred its citizens from transacting with digital…
Digital Rubble Prototype to be Introduced in Early 2022
In line with the development of its Central Bank Digital Currency (CBDC), dubbed the Digital Rubble, the Central Bank of…
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Bank Of Russia To ‘Slow Down’ Payments To Crypto Exchanges, Curb Russians’ Impulsive Investments
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges.…
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Digital Ruble To Help Curb Use Of ‘Money Surrogates,’ Russia Says In Financial Strategy Document
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market…
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Bank Of Russia Recommends Banks To Block Cards, Wallets Used To Transact With Crypto Exchangers
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used…
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Crypto Mining Should Be Registered And Taxed In Russia, Financial Market Committee Chair Says
Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary…
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Bank Of Russia To Study Risks Of Crypto Investing With Banks And Payment Providers
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is…
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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes The Need For Bitcoin
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin…