Russian Central Bank: Use of Stablecoins For Payments is Unacceptable
TL;DR The Russian Central Bank has deemed the use of stablecoins for domestic payments within its territory as “unacceptable,” citing risks to financial and price stability.
Russia (Latest Publications)
Blockchain.com Suspends Crypto Custody for Russian Users
Blockchain.com has made it clear to its users that it would take the initiative of blocking Russian accounts from 27th October 2022. The firm took the
Website of OKX Exchange Blocked in Russia
The Prosecutor General Office of Russia has blacklisted the OKX Exchange, the third-largest crypto exchange by volume. As per the registry of a local NGO, Roskomsvoboda,
CBDC may be Used as Settlement Tool Between Russia and China
A senior Russian senator said that after establishing a digital rouble early next year, Russia intends to utilize the currency in mutual settlements with China as it
Bitcoin Rebounds Strongly above $18k; is the Rout Over?
Bitcoin prices recovered on September 22, rallying from $18.5k. However, BTCUSDT remains within a bear breakout formation.
Russian Businesses Can Use Crypto Internationally Under the New Bill
An official from the Russian Finance Ministry has confirmed there will be a bill soon that enables businesses to negotiate on their own the use of
By the End of the Year, Russia Will Set Cross-Border Crypto Payment Rules
The Prime Minister of Russia, Mikhail Mishustin, said on Tuesday that a consensus must be reached by the government regarding crypto regulations in Russia by December
Cross-border Crypto Payments Will be Legalized by the Bank of Russia
As a result of geopolitical changes, the Bank of Russia has reported that it will allow cross-border payments in cryptocurrency due to the power of crypto.
Russian People Aren’t Very Interested in Cryptocurrencies
On Thursday, Russian news agency Kommersant reported that Switzerland-based cryptocurrency wallet provider Tangem was conducting a survey in order to learn more about cryptocurrency investors in
Ukraine Official Says that Cryptocurrencies are Essential for the Country’s Military Operations
The Deputy Minister of Digital Transformation of Ukraine, Alex Bornyakov has recently tweeted in the favour of cryptocurrencies. He says that cryptocurrencies are essential for the
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