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Latest cryptocurrency news and articles about cbr. Stay updated with developments, analysis, and insights.
Russian central bank is pushing for crypto exchanges to be legalized
Russia’s monetary authority is now calling for the swift legalization of crypto exchange in the country under strict government control. The regulation of platforms swapping Russian fiat for digital c...
Russia to legalize international cryptocurrency settlements
Financial regulators in the Russian Federation are going to officially legalize the use of cryptocurrency in cross-border payments, moving beyond the existing “experimental” legal regime. Russian comp...
Moscow to underpin Russian crypto market with domestic infrastructure
Russia is creating a cryptocurrency infrastructure of its own, with the country’s crypto sector pushing the government to finalize it faster. According to a top representative of the Russian finance m...
Majority of Russians now save some money in crypto every month
The majority of Russians save some money every month, in case of unforeseen expenses, and cryptocurrency is now among the assets in the buffer. While bank deposits are still widespread, crypto wallets...
Russia mulling regulations for stablecoins
Financial authorities in Russia intend to expand the country’s crypto regulations to cover stablecoins and securities based on digital assets. Some of the new rules should be ready by the end of the y...
Putin cautions against 'money printing' as president insists economy is not in recession
Russian President Vladimir Putin cautioned against uncontrolled “money printing” as Russia is trying to calm down inflation at the expense of growth. The warning was accompanied by a claim that Moscow...
Russia returns to 90s post-Soviet barter trade as Western sanctions bite
Trade sanctions from across the Atlantic have Russia’s foreign commerce considering barter trade for the first time in three decades. Companies are reportedly swapping wheat and cars with the Chinese ...
Russian fraudsters target victims' digital ruble ahead of CBDC launch
Fraudsters are already using multiple schemes to exploit Russia’s new digital ruble, well in advance of its full-scale implementation, scheduled to begin next September. According to stakeholders quot...
Russia’s central bank eyes more aggressive easing as slowdown accelerates
The Bank of Russia will likely cut interest rates by 200 basis points on Friday as the economy continues to lose speed, with output and corporate earnings both trailing expectations. According to Bloo...
Russian investment funds to get green light on crypto derivatives
Russia’s central bank intends to permit funds to invest in derivatives based on crypto assets, a representative of its management has indicated. The goal is to admit management companies to the growin...
Russian government advisor leads push for domestic crypto bank
Russia should create its own cryptocurrency bank, according to an advisory body consulting ministers and lawmakers on new legislation. Moscow should follow the example of Minsk, where this is currentl...
Largest Russian bank Sberbank set to launch Bitcoin and Ethereum crypto derivatives
Sberbank has come up with another investment option for Russians who want to bet their money on major cryptocurrencies like Bitcoin and Ethereum without actually owning them. The banking giant will pi...