Mastercard’s reach expands while both BTC and ETH drop in value over the past 24 hours as the entire crypto market cap starts sliding as well so let’s take a closer look in today’s latest altcoin news. A brief crash dropped the price of BTC to $39,638 as per CoinMarketCap and the world’s favorite cryptocurrency […]

The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18. Media reports have revealed that Bank of Russia has been working on alternative bills. Russian Ministry of Finance to Open Consultations on New…

The post Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills appeared first on Bitcoin News Miner.

JPMorgan Becomes First Bank to Enter the Metaverse | Bank of Russia starts Trailing Digital Ruble CBDC | NYSE Files Trademark Application for NFT Marketplace

Don’t Miss the 11th Blockchain & Bitcoin Conference Moscow: Event on Crypto Market Trends Will Take Place This March. Registration is Available Great news! Registration to the eleventh Blockchain & Bitcoin Conference Moscow is already open. Hurry up to get your ticket before the price increase. The event will take place on March 30 The […]

The post Announcing the Blockchain and Bitocin Conference – Moscow – appeared first on Fintech News.

The proposed attempt by the Central Bank of Russia (CBR) to ban digital currencies and related operations in the country has been identified by Fitch Ratings as a double-edged move that has its ups and downs. (Read More)

Russia's retail cryptocurrency operations currently stand at about $5 billion per year.

Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed a wide-ranging ban on the use of cryptocurrencies, and their trading and mining. Mining and Some Stablecoins Can Be Legalized in Russia, Duma Deputy Insists […]

Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble Pilot Launches With 12 Participating Banks The…

The post Russian Banks Begin Testing Digital Ruble Payments appeared first on Bitcoin News Miner.

The Central Bank of Russia completed the prototype of the digital ruble platform in December and is now beginning to experiment with transactions. A dozen banks have been invited to join the first stage of the project’s pilot phase. The monetary authority plans to gradually expand the range of participants to include other financial service […]

Read full post The Central Bank of Russia has begun testing digital ruble payments. on Chaintimes.com.

On January 21, the Bank of Russia received a call from an anonymous person who reported that their premises were rigged with explosives. Among other reasons, the criminal cited the possible ban on cryptocurrencies.

An unknown investor withdrew over 6 billion rubles ($83 million) in USDT from one's Binance wallet on January 20. The transaction coincided with the renewed rumors about the ban of cryptocurrencies in Russia and the news about the test of the digital ruble.

Cryptocurrencies do not have a role inside Russia’s financial sector, says the Deputy Chairman of the Russian Central Bank. Cryptocurrencies to be “phased out” According to a Finbold article, the Central Bank of Russia has published a working paper that calls for a complete ban of all cryptocurrency transactions. As rationale, the central bank cites […]

The post Russian Central Bank Suggests Total Crypto Ban appeared first on CryptoCoin.News.