Bitcoin News / Bitcoin.com - 7 months ago
A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov, establishes dif...
Bitcoin News / Bitcoin.com - 7 months ago
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case n...
Bitcoin News / Google News Bitcoin - 8 months ago
‘More Dangerous’ Than Nukes—China And Russia Revealed To Be Suddenly Abandoning The U.S. Dollar For A Bitcoin, Ethereum And XRP-Inspired Rival Amid Crypto Price Pump& & Forbes
Bitcoin News / Bitcoin.com - 8 months ago
Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital ruble was “on track,” with several operations being tested, including opening wallets, and interactions with smart contracts. Nab...
Bitcoin News / Google News Bitcoin - 8 months ago
Russian Digital Ruble Pilot 'on Track,' Registers About 25K Transactions – News Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 8 months ago
The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the country’s...
Bitcoin News / Bitcoin.com - 8 months ago
Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, wou...
Bitcoin News / Bitcoinist - 9 months ago
The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, allegedly increased by 15.5% compared t...
Bitcoin News / Bitcoin.com - 9 months ago
The Bank of Russia reported that the number of pyramid schemes and illegal lending providers in Russia rose to over 5,700 in 2023, an increase of 15.5% over the number detected in 2022. Specifically, the number of pyramid schemes detected increased b...
Bitcoin News / Bitcoin.com - 9 months ago
Russian President Vladimir Putin says the U.S. dollar is the main weapon used by the United States to preserve its power across the world. However, he stressed that when “the political leadership decided to use the dollar as a tool of political...
Bitcoin News / Bitcoin.com - 9 months ago
The number of banks participating in Russia’s central bank digital currency pilot has increased to 30. Seventeen banks have signed an agreement with the Bank of Russia to participate in the digital ruble program. They will join 13 other banks,...
Bitcoin News / Bitcoin.com - 9 months ago
The first BRICS sherpa meeting with 10 member states has kicked off in Russia with representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia, the United Arab Emirates, Iran, Egypt, and Ethiopia. China, Russia, and Iran are all adv...
Bitcoin News / Bitcoin.com - 9 months ago
The United States’ sanctions against Russia are undermining confidence in the U.S. dollar and may force other countries to ditch the currency, a Russian financial analyst has said. The analyst said contrary to the West expectations, the sanctio...
Bitcoin News / Bitcoin.com - 9 months ago
Cryptocurrency miners might be disconnected for up to 500 hours per year in Russia, according to a proposal supported by the State Duma Energy Committee to tackle the energy deficit in some regions. The initiative would be an alternative to introduci...
Cryptocoins News / Finance Magnates - 9 months ago
Binance, a major player in the cryptocurrency
market, is bidding farewell to the Russian market. Part of this exit strategy and sale to CommEX includes plans to discontinue all services related to the Russian ruble (RUB) by early February 2024.This d...