Russia Allegedly Turns To Bitcoin For Oil Transactions With China And India
Recent reports from Reuters indicate that Russia is increasingly utilizing cryptocurrencies like Bitcoin (BTC) in its oil trade with China ...
Tag: Bank of Russia
Russian Central Bank Identifies Crypto Link In “Almost All” Financial Scams Detected In 2023
The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. ...
Dead On Arrival? Surveys Reveal That Russians Have Little Interest In Digital Ruble
The majority of Russian citizens seem to have no interest or trust in the Russian central bank digital currency (CBDC), ...
Russia Accelerates CBDC Launch Efforts, Issues Ruble’s Logo And Fee Rates
Following President Putin’s digital ruble bill endorsement on July 24, the Bank of Russia (BoR) has ramped up its Central ...
Russian Duma Passes Approves CBDC, Real Transactions To Commence Next Month
The State Duma, the lower chamber of the Federal Assembly of the Russian Federation, passed the digital ruble bill also ...
Russia’s Biggest Bank Set To Launch Its DeFi Platform By May
Sberbank, Russia’s biggest banking establishment, is ready to have its decentralized finance (DeFi) platform operational by May. According to a ...
Russian Finance Minister Supporting Crypto Regulations Rather Than Complete Ban
On Wednesday, February 16, 2022, the Russian financial ministry expressed a soft corner for the development of cryptocurrency. The ministry ...
Bank of Russia Maintains Crypto Ban Stance As It Begins To Test Country’s CBDC
The Bank of Russia has started conducting trials for its own CBDC. The announcement coincides with the central bank's plans ...
