Bitcoin News / Bitcoin.com - 5 months ago
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest...
Bitcoin News / Bitcoin.com - 6 months ago
The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the ongoing military conflict between the nation and Ukraine. Julie Kozack, a spokesperson for the institution, called for...
Bitcoin News / Bitcoin.com - 6 months ago
Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away fr...
Bitcoin News / Bitcoin.com - 6 months ago
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns tha...
Bitcoin News / Bitcoin.com - 6 months ago
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on...
Bitcoin News / Bitcoin.com - 6 months ago
Approximately 50 users of Beribit, a Russian cryptocurrency exchange, recently tried to storm the company’s Moscow offices to demand their digital assets. Beribit’s management has attributed the delay in processing withdrawal requests to an audit ini...
Bitcoin News / Bitcoin.com - 6 months ago
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, dig...
Bitcoin News / Bitcoin.com - 6 months ago
The Bank of Russia has dismissed the effect that a future confiscation of Russian assets in the U.S. might have on the nation’s economic stability. Elvira Nabiullina, governor of the bank, stated that Russia has been diversifying its asset port...
Bitcoin News / Bitcoinist - 6 months ago
Russian lawmakers have announced their intention to introduce restrictions on the circulation of crypto assets, which could be implemented as early as September 1.
The Chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov, re...
Cryptocoins News / CoinJournal - 6 months ago
Russia will not impose a total ban o cryptocurrency transactions in the country as some reports claimed.
That’s according to Anton Gorelkin, the Deputy Chairman of the State Duma Committee on Information Policy, Information Technologies, and C...
More / Bitcoin Reddit - 6 months ago
In Brief Russia bans non-Russian crypto, effective Sept 1, exempts miners. It aims to strengthen ruble, control crypto amidst geopolitical tensions. Debate persists; Finance Minister of Russia advocates regulated use. Starting September 1, Russia w...
Bitcoin News / Bitcoinist - 6 months ago
Russia is dipping its toes into the world of cryptocurrency with a proposed bill aimed at legalizing and regulating crypto mining within its borders. The bill, submitted to the State Duma, the lower house of parliament, seeks to strike a balance betw...
Bitcoin News / Bitcoin.com - 6 months ago
The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 202...
Bitcoin News / Google News Bitcoin - 6 months ago
Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot – Regulation Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 6 months ago
Analysts are pondering the effects of the approval of the Rebuilding Economic Prosperity and Opportunity (REPO) Act by the U.S. House. The execution of seizures for over $6 billion of Russian assets held in U.S. institutions would “supercharge&...
Bitcoin News / Bitcoin.com - 7 months ago
Amid ongoing global tensions, the price of gold remains robust at $2,391 per troy ounce, while bitcoin continues to trade at a 12% deficit from its peak value. Recently, the U.S. House of Representatives approved a series of funding bills for Ukraine...
Bitcoin News / Bitcoin.com - 7 months ago
Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also a...
Bitcoin News / Bitcoin.com - 7 months ago
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in...
Bitcoin News / Bitcoin.com - 7 months ago
Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions by the chairman of the State Duma Committee on the Financial Market...