Tag: Bank of Russia

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Limitations on Purchasing Dollar and Euro Cash are Relaxed by the Russian Central Bank

Some restrictions on Russian banks selling dollars and euros to the general public have been loosened by the Central Bank of Russia. Since currency...

Bank of Russia is prepared to legalize cryptocurrency mining if miners export coin production

The legalization of cryptocurrency mining would be supported by the Central Bank of Russia, provided that the earnings from the activity are converted to...

In sanctioned Russia, the idea of using the digital ruble as a reserve currency has circulated.

The State Duma, Russia's lower house of parliament, has proposed making the digital ruble a reserve currency. Meanwhile, fears have been expressed in the...