Russia to Monitor All Bitcoin-Fiat Transactions

Russian financial surveillance agency, Rosfinmonitoring, is going to monitor the bitcoin-to-fiat transactions closely, its Deputy Head, German Neglyad revealed on Wednesday during a hearing on financial marke...

Bank of Russia Plans to Pilot Digital Ruble in 2021 End

The Bank of Russia is planning to launch a prototype of its central bank digital currency (CBDC) and start piloting as early as late 2021, the monetary regulator’s Deputy Chairman, Alexey Zabotkin, revealed. ...

Largest Russian Bank Seeks Permission to Launch Blockchain

Sberbank, the largest Russian state-owned lender, has applied to the country’s central bank seeking approval for launching a blockchain-based platform that will allow the bank to launch its own digital curren...

Russian Crypto Exchange Livecoin Shuts Services after Hack

Hacked Russian cryptocurrency exchange, Livecoin has announced that it is going to shut its services and requested its clients to proceed with fund withdrawals. Livecoin servers were compromised last month, ...