Category: CBR

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming......

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached

Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscows decision to invade Ukraine was met with wave after wave of Western sanctions.......

Venemaa Pank leevendab dollari ja euro sularaha ostmise piiranguid

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver......

Venemaa Pank seab eesmärgiks digitaalse rubla täieliku kasutuselevõtu 2024

The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the 2023 – 2025 period. As the development of the state-issued digital......

Venemaa Pank on valmis legaliseerima krüptokaevandamise, kui kaevurid müüvad vermitud münte välismaal

The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulators latest position on the matter comes after it softened its stance on the......

Venemaa Pank soovib lubada börsidel digitaalsete varadega kaubelda

Venemaa keskpank tegi hiljuti ettepaneku anda traditsioonilistele börsidele luba digitaalsete varade turul tegutsemiseks. Tööstuse jälgijad ütlevad, et regulaatori eesmärk on anda investoritele võimalus kaubelda krüptovaluutadega kontrollitud keskkonnas. Russian Stock Exchanges......

Bank of Russia to Pilot Digital Ruble Settlements in 2023

Venemaa’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions.......

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......

Bank of Russia Reports First Successful Digital Ruble Transfers Between Users

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,......

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Raport avalikustab

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