Russia will legalize crypto payments “sooner or later” according to the Ministry of Industry and Trade of the Russian Federation, Denis Manturov. The country’s government has been exploring various crypto
Category: Bank of Russia
Binance blocks crypto accounts of relatives tied to the Russian governmentBinance blocks crypto accounts of relatives tied to the Russian government
Binance cryptocurrency exchange is adopting more measures to prevent the Russian government from mitigating the impact of sanctions through the use of crypto. Binance has shut down several accounts tied
Russian central bank needs to ease up digital asset projects, governor saysRussian central bank needs to ease up digital asset projects, governor says
The Russian central bank governor Elvira Nabiullina has admitted that the Bank of Russia might have taken a bit too tough a stance on digital assets and should look to
Russia to include crypto into its tax code: Here is what the rules might look likeRussia to include crypto into its tax code: Here is what the rules might look like
In the last few months, the standoff between the Central Bank of Russia (CBR) and the country’s Ministry of Finance over crypto regulation has become the key regulatory plot for
Russian bankers reportedly want to outlaw noncustodial crypto walletsRussian bankers reportedly want to outlaw noncustodial crypto wallets
A major Russian banking association wants to criminalize keeping your own cryptocurrency keys. The Association of Banks of Russia, an organization including more than 300 Russian banks and financial institutions,
Russia should use crypto for payments with Africa, commerce exec saysRussia should use crypto for payments with Africa, commerce exec says
An executive at Russia’s Chamber of Commerce and Industry has called on the government to conduct cross-border settlements in cryptocurrencies and central bank digital currencies (CBDC). Chamber president Sergei Katyrin
Russians collectively hold $130B in crypto, prime minister saysRussians collectively hold $130B in crypto, prime minister says
The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians
Central Bank of Russia tightens P2P transactions monitoring, including those in cryptoCentral Bank of Russia tightens P2P transactions monitoring, including those in crypto
The Central Bank of Russia (CBR) recommended that the nation’s commercial banks ramp up monitoring users’ transactions that could be aimed at circumventing CBR’s “special economic measures to counter the outflow
Russia’s central bank goes to war: Is cryptocurrency a friend or foe?Russia’s central bank goes to war: Is cryptocurrency a friend or foe?
In January 2022, the Central Bank of Russia (CBR) proposed a number of measures aimed at curtailing the country’s cryptocurrency market, which included a blanket ban on the use and
Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’
Amid the ongoing discussion between the Central Bank of Russia (CBR) and the nation’s Finance Ministry on the future of crypto, a State Duma (the lower chamber of Parliament) working