Russia Says No to Private Stablecoins Pegged with Ruble

Sergey Shvetsov, the first deputy governor at the central bank of the Russian federation said no to the ruble-pegged private stablecoins. Another official, Olga Skorobogatova who is currently serving as the f...

Binance Adds Russian Ruble to Its P2P Exchange

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...

Oil-Backed Cryptocurrency Could Hit Russian Markets Soon

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...