The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of
Category: Bank of Russia
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely to affect p
The exchange was previously known as BTC-e, though its name was changed to WEX following legal difficulties in 2017.
As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried.
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prev
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also liste
Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also
Russia is moving to regulate cryptocurrency mining after legitimizing the broader crypto industry in January.
Da Vinci’s artwork has received the highest bid at 150,500 BUSD in the Hermitage’s first NFT auction on Binance.
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system.