Russia Archives - Page 5 of 9

Binance Adds Russian Ruble to Its P2P Exchange

February 11, 2020

Binance, one of the world’s leading crypto exchanges, announced on Tuesday the addition of the Russian ruble on its peer-to-peer (P2P) platform. This marks the third fiat currency added on the platform as it...

Russian Central Bank Testing Stablecoin Under Sandbox, Exploring CBDC

December 26, 2019

The Bank of Russia has initiated testing of stablecoins pegged to real estate under its regulatory sandbox program. The prospect was revealed by the central bank chairperson Elvira Nabiullina while speaking ...

Two Russians Prosecuted for Mining Crypto on Government Computers

December 17, 2019

The Russian authorities have prosecuted two citizens of the country for illegally mining digital currencies on computers of state organizations. Reported by local media outlet TASS on Monday, the two perpetr...

New Russian Law Aims to Allow Confiscating Crypto from Citizens

November 7, 2019

Russian authorities are planning to bring a legal structure that will allow them to confiscate Bitcoin and other cryptocurrencies, RBC reported on Thursday. Citing anonymous sources, the publication detailed...

Russian Banking Association Wants to Categorize Crypto as Property

September 27, 2019

To clarify the legality of digital currencies in Russia, the country’s banking community has proposed to consider crypto mining as digital money mining, which will put the assets under the category of treasur...

Citing Regulator, Sberbank Scraps Crypto Plans in Russia

May 30, 2019

A leading executive at Sberbank said on Thursday that his company is scrapping its cryptocurrency plans. Speaking to reporters in Moscow, global markets head Andrey Shemetov said that steps taken, or perhaps...

Russia’s Central Bank Pushes for Gold-backed Cryptocurrency

May 23, 2019

Whether Russia should legalize cryptocurrencies remains a big question, the nation’s central bank chief said Thursday the regulator is considering the launch of a gold-backed cryptocurrency for international ...

Medvedev: Crypto Regulations “No Longer a Priority” for Russia

May 16, 2019

With regulatory uncertainty making life difficult for firms to do business in cryptocurrency, many in the industry have been calling for governments to put laws in place that would govern the nascent market f...

Russian Social Media Giant VKontakte May Launch its Own Crypto

April 1, 2019

Russian social media giant VKontakte is rumored to be developing its own cryptocurrency, according to a new report from Russian local news source RNS. However, according to the same report, the final decision...

Oil-Backed Cryptocurrency Could Hit Russian Markets Soon

February 25, 2019

Former Russian Energy Minister Igor Yusufov is proposing an oil-backed cryptocurrency. Yusufov’s project could stand to benefit from a new set of cryptocurrency regulations that the lower house of the Federal...