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Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

The Bank of Russia Wants Strict Limits for Non-Professional Russian Crypto Investors

Russia has published a proposal that sets strict limits on the amounts of digital assets acquired by non-professionals investors in a year.

Russia Finally Showing Signs of Embracing Digital Assets in New Bill

Russia Finally Showing Signs of Embracing Digital Assets in New Bill

After successfully undergoing test period, tokenization is set to take centre stage with reforms as newly proposed cryptocurrency legislation in Russia received the green lights.

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.

Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin

Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin

Former Wirecard Chief Operating Officer Jan Marsalek used Bitcoin to move funds to Russia where he is now in hiding under the supervision of Russian intelligence operatives, according to a Russian media outlet.

Russian PM Considers Digital Assets for Cross Border Payment

Russian PM Considers Digital Assets for Cross Border Payment

Mikhail Mishustin, the Prime Minister of Russia, has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in international trade.

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury.

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis

Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.

Switzerland to Freeze Crypto Assets Linked to Russians

Switzerland to Freeze Crypto Assets Linked to Russians

Switzerland will join the UK, the US, and western allies in strengthening sanctions against Russia after its invasion of Ukraine.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia used to resist legalizing crypto. However, it is now willing to embrace the use of cryptocurrency for cross-border payments due to geopolitical tensions.

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