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Tag: Central Bank of Russia

A have a look at why China, Russia and Indonesia are engaged on their very own crypto trade platforms

Central Financial institution Digital Foreign money (CBDC) are digital, blockchain-based variations of fiat forex. And now, a handful of nations are additionally trying to...

Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs

The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary...

Bill on Digital Ruble Submitted to Russian Parliament

A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation...

Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers

Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A...

Bank of Russia to Test International Crypto Payments With Companies

The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management...

Russia to Pass Bill Legalizing Bitcoin (BTC) Mining

Mining of Bitcoin (BTC) to be legal in Russia. Previously the bill was voted down by the The Russian congress. The bill may...

Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say

Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged...

Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions

The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted...

Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage

The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from...

Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask

Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration...

Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France

Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in...

Vladimir Putin Proposes Blockchain-Based Cross Border Settlement

Russian President Vladimir Putin has called for a new system of international settlements based on blockchain and digital currencies.Speaking at the International AI Journey...

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