Tag: russia
According to EU regulations, Localbitcoins, Crypto.com, and other providers suspend services for Russians.
Well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have begun to limit or terminate services for Russian accounts in compliance with the most recent...
Russian businesses are trading in cryptocurrencies despite the absence of regulations, officials admit
Due to their limited access to international finance, Russian businesses have started transacting in cryptocurrencies with their international partners. Even though these are still...
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...
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...