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Tag: Russian banks

Russia Postpones CBDC Launch: Banks Willing to Start Experiment

Russia has postponed the launch of its pilot project with the digital ruble to early May. The decision is to launch the digital ruble...

Bank of Russia Registers Another Digital Asset Issuer

The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’...

Huobi and KuCoin serve customers of sanctioned Russian banks: Politco

Ad Crypto exchanges Huobi and KuCoin continue to provide services to users of sanctioned Russian banks, according to a report from Politico on Feb....

Nexo Cuts Off All US Affiliates from Its Earn Interest Product

Nexo will no longer offer its Earn Interest Product to US citizens and residents. The decision was in line with the recent settlement with...

Russia’s Largest Private Bank Launches Digital Asset Platform

Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s...

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say

Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted....

Bill on Digital Ruble Submitted to Russian Parliament – Finance Bitcoin News

A draft legislation dedicated to the digital ruble has been filed with the State Duma, the decrease home of Russian parliament. The laws introduces...

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...

As Financial Surveillance Intensified In 2022, Bitcoin Is Needed By Individuals And Nations Alike

This is an opinion editorial by Kudzai Kutukwa, a financial inclusion advocate who was recognized by Fast Company magazine as one of South Africa’s...

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...

Russia Close To Legalizing International Trade In Bitcoin, Crypto: Head Of Finance Committee

Russia’s Congressional finance committee chairman, Anatoly Aksakov, said the country is moving to greenlight international trade in cryptocurrency within the next month, according to...

Lessons Learned About Bitcoin From A Canadian Trucker

Updates about the status of the Bitcoin that was donated to the Canadian trucker protests and how people can improve when facing attacks in the future.

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