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Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected Soon

Bitcoin.com
Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected Soon
Aksakov
Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected SoonMajor government institutions in Moscow, the central bank and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining in the Russian Federation. The respective bill will soon be filed with the State Duma, a high-ranking member of the house unveiled. Financial Authorities Reach Consensus on How to Regulate Mining of Digital […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

Bitcoin.com
Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option
Bank of Russia
Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto OptionDays after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming months, the monetary authority says it will “actively promote” its digital currency for international […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached

Bitcoin.com
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached
approach
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus ReachedKey government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities in Russia Consider Legalizing International Cryptocurrency Payments In the current conditions, “it […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend

Bitcoin.com
Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend
Bank of Russia
Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About TrendAn increasing number of financial and crypto pyramids targeting Russian investors have been opening physical offices in the country. The Central Bank of Russia has recently expressed concern over the trend which is seen as an indication that the fraudsters expect growing demand. Russian Crypto Scams Launch Offices to Lure More Investors In-person, Bank of […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash

Bitcoin.com
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
Bank of Russia
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro CashThe Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary Authority of Russia Expands Citizens’ Access to […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Bank of Russia Aims for Full Launch of Digital Ruble in 2024

Bitcoin.com
Bank of Russia Aims for Full Launch of Digital Ruble in 2024
bank
Bank of Russia Aims for Full Launch of Digital Ruble in 2024The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the 2023 – 2025 period. As the development of the state-issued digital currency continues, the monetary authority intends to gradually connect various financial institutions to the […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Bank of Russia Says Stablecoins Are Not Suitable for Settlements

Bitcoin.com
Bank of Russia Says Stablecoins Are Not Suitable for Settlements
bitcoin.com
Bank of Russia Says Stablecoins Are Not Suitable for SettlementsThe Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins. Russia’s Central Bank Voices Opposition to Stablecoins Unlike the […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad

Bitcoin.com
Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad
Bank of Russia
Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins AbroadThe Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulator’s latest position on the matter comes after it softened its stance on the possible use of cryptocurrencies for payments, even if only internationally. Central Bank of Russia […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says

Bitcoin.com
Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says
Bank of Russia
Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank SaysCryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital assets should not be traded on platforms operating inside the country. Bank of Russia Chair Ready to Accept Cryptocurrency Payments for International Settlements Cryptocurrencies can […]
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SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe

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