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“# Bank of Russia wants to block ‘emotional’ and suspicious crypto activity ” As cryptocurrency investments get more popular in Russia, the country’s central bank is actively working to curb perceived suspicious crypto activity as well as block some crypto purchases. The Bank of Russia has started working with local banks to make them halt…
“# Russian Duma wants to regulate crypto mining as business ” As Russian cryptocurrency advocates are working to attract global crypto mining operators, local lawmakers have gotten more serious about regulating the industry. Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, claimed that Russian lawmakers are now considering recognizing the crypto…
“# Russian State Hermitage raises $440K via Binance NFT auction ” Despite the Russian state maintaining a mostly unfriendly stance on cryptocurrencies like Bitcoin (BTC), a major state-backed museum is benefiting from the industry by raising hundreds of thousands of dollars with nonfungible tokens, or NFTs. The Russian State Hermitage Museum, the largest museum in…
“# Russia not ready to accept Bitcoin as legal tender, says Kremlin ” Amid El Salvador officially accepting Bitcoin (BTC) as legal tender on Tuesday, Sept. 7, the Russian government has reiterated its negative stance to a scenario where BTC could be accepted as an official currency. Dmitry Peskov, the official representative of Russian President…
“# Russian Sberbank plans to register its digital asset tool in September ” Sber, the largest banking institution in Russia, continues progressing with the development of its blockchain-based platform for issuing digital assets. Anatoly Popov, deputy chairman of the executive board at Sber, said that the bank is planning to have registered its digital asset…
“# Survey finds 77% of Russian investors prefer Bitcoin to gold and forex ” Cryptocurrencies like Bitcoin (BTC) are getting increasingly popular with Russian investors, apparently displacing traditional investment products, according to a new survey. Russia’s Association of Forex Dealers (AFD), a local self-regulatory organization focused on the foreign exchange market, polled 502 Russian investors…
“# Buying Bitcoin is like entering a minefield, Bank of Russia exec says ” The Russian central bank has once again reiterated its negative stance on Bitcoin (BTC), with one of the bank’s top executives comparing the cryptocurrency with a pyramid scheme. Sergei Shvetsov, the first deputy governor at the Bank of Russia, expressed the…
“# Russian court orders Sber to unblock account used for Bitcoin trading ” The state of cryptocurrency regulation in Russia has taken another twist as a local court has ordered the country’s largest bank to resume account support for a Bitcoin (BTC) trader. Sverdlovsk regional court, a court in Russia’s fourth-largest city of Yekaterinburg, has…
“# One tenth of Russians ready to get salaries in digital ruble, report says ” Amid the Bank of Russia continuing progressing with its central bank digital currency (CBDC) development, one survey suggested that not many Russians are ready to accept salary payments in the digital ruble. Almost half of the Russian respondents strongly objected…
“# Bank of Russia asks stock exchanges to not list crypto-related firms ” As global cryptocurrency companies increasingly consider going public, the Russian central bank has officially recommended local exchanges to avoid crypto-related listings. The Bank of Russia issued an information letter on July 19, asking Russian stock exchanges to stay away from listings of…