Survey finds 77% of Russian investors prefer Bitcoin to gold and forex
Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said. Go to Source Powered by WPeMatico
Bank of Russia
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Buying Bitcoin is like entering a minefield, Bank of Russia exec says
The Bank of Russia expressed concerns over the increasing number of local investors pouring their money into Bitcoin. Go to Source Powered by WPeMatico
Russia grants $200K to build tool for tracing crypto transactions
A Russian company indirectly backed by Russia’s largest bank will build a crypto tracking platform as part of a $200,000 procurement contract. Go to Source Powered by WPeMatico
Russian court orders Sber to unblock account used for Bitcoin trading
According to the court, Sber had no reason to keep the account service blocked after the client provided detailed information about his Bitcoin trades. Go to Source Powered by WPeMatico
Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto Craze
The Central Bank of Russia (CBR) has identified 146 financial pyramid schemes in only six months this year. Fraudsters often lure people with weak financial literacy into investment scams linked to cryptocurrencies or crypto mining operations. Pyramid Schemes Thrive Amid Rising Investment Demand, Bank of Russia Says The number of financial pyramid scams uncovered by … Read more
One tenth of Russians ready to get salaries in digital ruble, report says
A new survey of 3,000 Russians suggested that most people strongly disagree with receiving salary payouts in a state-controlled digital currency. Go to Source Powered by WPeMatico
Bank of Russia asks stock exchanges to not list crypto-related firms
The Bank of Russia’s new stock exchange recommendations do not apply to central bank digital currencies and authorized digital assets issued in Russia. Go to Source Powered by WPeMatico
Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is going to conduct a dedicated study with the participation of major banks and payment processors operating in the Russian market. CBR Adds Crypto to Its Survey Program for 2021 Russia’s central bank, known as Bank … Read more
Russia’s central bank to study crypto investment risks
The Bank of Russia is collecting data from 15 credit firms and payment systems like Visa and Mastercard. Go to Source Powered by WPeMatico
Crypto is the most dangerous investment, Bank of Russia governor says
The governor of the Bank of Russia has maintained a tough stance on Bitcoin despite growing criticism of how the bank has handled digital asset regulation. Go to Source Powered by WPeMatico
