Search Results for "Russia"
Russian Top Digital Bank Tinkoff Explores Crypto Investment Services
Despite Russia’s Central Bank imposed ban and restrictions on cryptocurrency usage in the country, Tinkoff bank is examining potential cryptocurrency investments services to offer to its clients.
Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia
Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia.
Pro-Russian Group Raises $400K in Crypto to Support Russian Military Actions
Pro-Russian groups are raising funds through cryptocurrencies to support Russian military operations as the Russian-Ukrainian war continues.
Animoca Brands to Halt Trading Services to Russian Users
Animoca Brands said it would stop trading services to Russian users is in response to sanctions being imposed on Russia.
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 Russia is set to launch a prototype platform for the new form of money in early 2022.
Russian FM says No to Crypto Ban
Russian Finance Minister Anton Siluanov said that cryptocurrencies should not be banned as advocated by the central bank but instead the government should fix the ongoing crypto regulation predicament.
Four Payment Operators Join in Suspending their Services in Russia amid Ukraine Crisis
Four payment operators announce to suspend their payment services in Russia following the Russian invasion of Ukraine.
EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire
French Finance Minister Bruno le Maire said the EU is looking for ways other than cryptocurrencies to impose sanctions on Russia, according to Reuters.
Ukraine Legalizes Bitcoin amid Intensified Tension with Russia
The Ukrainian parliament unanimously voted to legalize Bitcoin and cryptocurrencies by passaging a Virtual Assets law on Thursday, amid the intensified tension with the potential military conflicts with Russia.
Russian Finance Ministry on Track to Legalize Crypto for Cross-Border Payments
The current economic landscape in Russia is forcing both the Central Bank and the Ministry of Finance to rethink their approaches to cryptocurrencies.
Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate
Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.
Russian law legalises crypto mining, sales under 'experimental legal system'
Cryptocurrency mining and sale of the cryptocurrency mined could be legal in Russia if a bill is passed by parliament. A Russian platform for cryptocurrency sales will be set up if the law is passed, and Russian miners will be able to use foreign platforms. Russian currency controls and regulations would not apply to the transactions, but they would have to be reported to the Russian tax service.