The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year. Russia’s Central Bank Takes Legislative Initiative in […]
As nations worldwide continue to sanction Russia in condemnation of their invasion of Ukraine, companies have now joined the movement to exclude the Russian government — and sometimes Russians— from their list of clients. Some of these companies have decided to ban them as a recommendation to the international sanction provisions from The Office […]
Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market. Sberbank Added to Central Bank’s Register of Crypto Asset Issuers The Central Bank of Russia (CBR) […]
In what seems to be a direct policy reversal, the Central Bank of Russia has issued a digital asset license to the largest Russian bank. The Russian reversal might be too little, too late Since Russia launched its attack on Ukraine on February 24, both regulators and crypto industry experts speculated to what degree Russia […]
People worldwide have sent emails and text messages straight to Russian citizens via 1920.in, a cyber tool to workaround Russia’s internet blockade (1). Polish programmers created the website after acquiring 20 million phone numbers and nearly 140 million emails from Russian individuals and businesses. The site generates numbers and addresses at random from those records. It […]
The Biden administration announces ban on import of Russian energy commodities and prohibition on new investment in the Russian energy sector
New General License provides wind-down period until April 22, 2022 for certain energy imports from Russia pursuant to agreements entered into before March 8, 2022
EU and UK expand their sanctions programs against Russia and Belarus, including additional sanctions on oligarchs
FinCEN issued an alert to all financial institutions to be vigilant against efforts to evade the expansive sanctions and other restrictions imposed in connection with the invasion of Ukraine
EU included cryptos on its sanctions list against Russia and said they will fall under the category of “transferable securities” so let’s read further in today’s latest cryptocurrency news. According to the EU, certain corporate entities and individuals from the countries are banned from trading digital assets in the region. The EU included cryptos on […]
Since Russia invaded Ukraine two weeks ago, the war has taken over worldwide news headlines. From the atrocities of war to human rights catastrophes, heroic acts by Ukranians and the impact of the war on the global markets, it’s hard to keep up with all of the news. Here are some investing-related developments you may […]