Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being

Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments

Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “Sobre la moneda digital” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their

El Banco de Rusia informa de las primeras transferencias digitales exitosas en rublos entre usuarios

Testing of the digital ruble has started in Russia with the countrys central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens, businesses,…

El gobierno ruso redacta una hoja de ruta para regular, No prohibir las criptomonedas, Informe revela

A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. El documento, which aims to regulate Russias crypto market by the end of this year, comes amid disagreements between the

Sberbank lanza el primer ETF de cadena de bloques en Rusia

Russian banking giant Sberbank has presented the countrys first exchange-traded fund (fondo cotizado en bolsa) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces ETF Tracking Blockchain Economy

El Banco de Rusia quiere restringir las inversiones en criptomonedas bloqueando los pagos con tarjeta, Informe revela

The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A…

El Banco de Rusia tiene herramientas para restringir las inversiones en criptomonedas, Sugerencias del gobernador

The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency

Rusia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading

Bank of Russia Rejects Provision of Crypto-Related Financial Services

Rusia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow

Annual Volume of Crypto Transactions Made by Russians Reaches $5 mil millones, Bank of Russia Finds

With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto