Bitcoin News / Bitcoin.com - 2 years ago
A high-ranking member of the Russian parliament has urged for the adoption of a relevant legal framework to properly regulate cross-border crypto payments. His proposal comes after key regulators in Moscow said that Russia needs to allow the use of c...
Bitcoin News / Bitcoin.com - 2 years ago
Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained...
Bitcoin News / Bitcoin.com - 2 years ago
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legali...
Cryptocoins News / Blockchain - 2 years ago
Russia is already working with several countries to establish clearing platforms for cross-border settlements of stablecoins, according to the state-backed TASS news agency. (Read More)
Bitcoin News / Bitcoin.com - 2 years ago
A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return...
Bitcoin News / Bitcoinist - 2 years ago
According to reports, Russia’s Finance Ministry has started collaborating with “friendly” governments to create a cross-border stablecoin-based payments platform.
Russia To Turn To Stablecoins
According to Russian state news outlet...
Bitcoin News / Google News Bitcoin - 2 years ago
Russia Can't Do Without Cross-Border Crypto Payments, Consensus Reached – Finance Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 2 years ago
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after...
Cryptocoins News / The Cointelegraph - 2 years ago
“Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved," said Alexey Moiseev....
Cryptocoins News / EthereumWorldNews - 2 years ago
Russia is currently in talks with several friendly nations to create clearing platforms using stablecoins The report also adds how both the Finance Ministry and Bank of Russia believe that “it would be impossible to do without cryptocurrencies...
Cryptocoins News / Blockchain - 2 years ago
The current economic landscape in Russia is forcing both the Central Bank and the Ministry of Finance to rethink their approaches to cryptocurrencies. (Read More)
Bitcoin News / Bitcoinist - 2 years ago
Bank of Russia which is the nation’s central bank has admitted that cross-border crypto transfers are next to impossible to avoid. At the current moment, the geopolitical climate of Russia has been under a lot of stress.
According to other loca...
Bitcoin News / Bitcoin.com - 2 years ago
Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline alle...
Bitcoin News / Bitcoin Magazine - 2 years ago
The Bank of Russia and the Ministry of Finance have reportedly agreed to move toward approving the use of cryptocurrency payments in international trade.Russia is close to pushing legislation for the use of cryptocurrency in international trade.In cu...
Bitcoin News / Bitcoin.com - 2 years ago
Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Ru...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The Bank of Russia and the country’s Ministry of Finance are reconsidering their approach toward the <a href="https://www.financemagnates.com/cryptocurrency/russia-to-treat-bitcoin-as-a-foreign-currency-in-its-regulatory-plans/"...
Cryptocoins News / The Cointelegraph - 2 years ago
Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes....
Bitcoin News / Bitcoin.com - 2 years ago
After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African country’s currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the Russian ruble’s position as the wor...