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Tag: bank of russia

Russia Begins CBDC Settlement Mechanism While Sanctions Continue

There are continuous sanctions against Russia as a result of its invasion of Ukraine; yet, reports indicate that Russia's central bank is about to...

Draft Bill on Digital Ruble Submitted to Russian Parliament

2 mins ago | 2 mins read Tradingview The members of State Duma seek...

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of...

Bill on Digital Ruble Submitted to Russian Parliament

A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation...

Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says

Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former...

Russia Close To Legalizing International Trade In Bitcoin, Crypto: Head Of Finance Committee

Russia’s Congressional finance committee chairman, Anatoly Aksakov, said the country is moving to greenlight international trade in cryptocurrency within the next month, according to...

Russia Cracking Down on Crypto Miners Minting in Residential Areas

Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power...

Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported

The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted...

Crypto Flipsider News – SBF Investigation; Spain CBDC Project; Russia Bans BTC Miners; Coinbase Drop 50%; EMAX Lawsuit Dismissed

Sam Bankman-Fried Faces Market Manipulation Inquiry by U.S. Prosecutors Sam Bankman-Fried, the founder of the beleaguered FTX, is reportedly...

Bitcoin Price Prediction for Today, December 7: BTC Price Turns Down from a Recent High and Holds above $16.7K

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin’s Sideways Move Resumes as It Holds above $16.7K – December 7,...

Regulation in The Crypto Space

According to the EU’s top regulator, some market participants are purposefully avoiding regulation in the crypto space, who also called for a global approach...

Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan

A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal,...

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