Putin’s internet ombudsman pessimistic about crypto regulation
“No one is looking to allow Russian people to earn money with crypto operations,” the official claimed. Go to Source Powered by WPeMatico
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Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says
The recent law “On Digital Financial Assets” has not gone far enough in the eyes of Russian crypto industry advocates. Go to Source Powered by WPeMatico
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more
Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says
Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came after the debut of bitcoin ETFs in the U.S. Central Bank of Russia … Read more
Sanctioned Russian oligarch urges central bank to embrace Bitcoin
The U.S. Treasury asked cryptocurrency companies to ensure compliance with sanctions last week. Go to Source Powered by WPeMatico
Russian officials consider proposal to mine Bitcoin with associated gas
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high. Go to Source Powered by WPeMatico
Bank of Russia to assess Bitcoin holdings volumes as $36M leave banks
The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account. Go to Source Powered by WPeMatico
Too early to talk about using crypto for oil trading, says Putin
The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.” Go to Source Powered by WPeMatico
Russia aims to limit crypto purchases by non-accredited investors
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases. Go to Source Powered by WPeMatico
Bank of Russia Lists Crypto Companies Among Financial Pyramids
The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its … Read more
