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Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia

Russian President Vladimir Putin has signed a bill addressing the ban on the use of digital financial assets (DFA) for payments

GreedFall II: The Dying World Joins GeForce NOW's Expanding Library

GreedFall II: The Dying World Joins GeForce NOW's Expanding Library

GeForce NOW adds 'GreedFall II: The Dying World' to its expansive game library, alongside new member rewards and updates.

Gold-Backed Digital Assets Were Issued By Russia's Biggest Bank

Gold-Backed Digital Assets Were Issued By Russia's Biggest Bank

The first gold-backed digital financial assets were issued by Russia's biggest bank, Sber (previously Sberbank) (DFAs). Gold-backed DFAs represent certified monetary rights whose price and volume rely on gold prices. In July, Sber issued three-month assets worth 1 billion roubles.

Messari Founder Ryan Selkis Launches Advocacy Group in Response to Recent SEC Actions

Messari Founder Ryan Selkis Launches Advocacy Group in Response to Recent SEC Actions

Following the U.S. Securities and Exchange Commission's (SEC) charges against popular cryptocurrency exchanges Binance and Coinbase, Messari founder Ryan Selkis has launched a new advocacy group named @DFA2024.

German Authority Cautions Of New Banking And Crypto Malware "Godfather"

German Authority Cautions Of New Banking And Crypto Malware "Godfather"

On Jan. 9, Germany's Federal Financial Supervisory Authority (BaFin) issued a warning about Godfather, a spyware that steals user data from banking and crypto applications. The agency has yet to ascertain how the virus assaults consumers' devices. In December, reports indicated that Godfather was targeting Android users in 16 countries.

Russia's Sber to Complete Digital Assets Issuance by July

Russia's Sber to Complete Digital Assets Issuance by July

One of Russia’s largest financial institutions, Sber, is well on track to begin trading Digital Financial Assets (DFA) on its newly developed trading platform.

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing

Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

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.

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.

Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data

Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data

Roskomnadzor has blacklisted crypto exchange Binance for what it deems as “containing information prohibited for distribution in Russia.

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

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