Tag: Cryptocurrencies
Russia Issues Digital Token to Encourage Palladium Investments
With the introduction of a palladium token, transactions involving digital assets backed by precious metals are now possible in Russia. The rare metal is...
According to Bank of Russia, more than half of this year’s financial pyramids in Russia involved cryptocurrency.
The majority of the financial pyramids discovered in 2022 employed cryptocurrencies in some capacity, according to a recent report from Russia's central bank. Russian...
Russia’s Financial Watchdog Declares Crypto Payments Acceptable in International Trade
According to Yuri Chikhanchin, the agency's head, the Russian financial watchdog Rosfinmonitoring is prepared to accept the use of cryptocurrencies in cross-border transactions. The...
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...
400 cases involving cryptocurrencies are being looked into by Russia’s financial watchdog, the director informs Putin
According to the agency's head, Rosfinmonitoring is looking into hundreds of cases involving cryptocurrencies. The top regulator also informed the Russian president that hundreds...
Russia has proposed a law that would impose fines for the unauthorized issuance and exchange of digital assets.
The Russian parliament has received a bill that would impose monetary fines on those who erroneously issue or exchange digital currency. The legislation was...