In its letter, the Bank of Russia said that allowing non-qualified investors to trade cryptocurrencies through banks will create “an illusion of government protection” while encouraging pe...
Tag: Ruble
Bank of Russia Reports First Successful Digital Ruble Transfers Between Users – Finance Bitcoin News
Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of ...
Bank of Russia Commences Digital Ruble Trials
The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for a functional Central Bank Digital Currency (CBDC) for the country. As announced ...
Bank Of Russia Successfully Kicks Off Digital Ruble Trials While Fears Of An Absolute Bitcoin Ban Linger ⋆ ZyCrypto
Advertisement     Despite President Vladimir Putin asking his government and the central bank to hammer out a common regulatory regime for crypto assets instead of a c...
Here’s why the Russian ruble is tumbling
The USD/RUB price has jumped sharply in the past few days as investors react to several catalysts, including the Bank of Russia decision. It is trading at 77.50, which is about 4.30% above the lowest ...
Russia’s Second-Richest Man Chooses To Back The Digital Ruble Over Bitcoin ⋆ ZyCrypto
Advertisement     Digital ruble will render private crypto like Bitcoin obsolete, says Russian billionaire. Potanin believes that a digital ruble would be a more progr...
Breaking: Russian Ruble (RUB) Loses Over 7% As Russia Legalizes Crypto; RUB/USD Price Analysis
Market players are taking some clues from big news that hit the market today. Russia is in preparation to legalize Bitcoin and crypto as a currency this month. As per the reports, the Russian governme...
Russia Might Collect 1 Trillion Ruble in Crypto Tax, Report Says
A recent report by a Russian outlet says that the government could collect 1 trillion rubles worth around $13 billion in digital currency tax every year. The Bell collected some not-so-classified data...
Russia’s Second-Richest Man Has Sights Set on Digital Ruble, Not Bitcoin
Russia’s second-richest man believes digital tokens and a central bank digital currency would help the country move forward—and make the current debate in the country regarding cryptocurrency re...
Move over Bitcoin – Russian billionaire thinks that tokens and the digital ruble will replace it
Vladimir Potanin is the second richest man in Russia. He thinks that the launch of a digital ruble, together with his own licensed tokens, will be able to supplant Bitcoin and other cryptocurrencies g...
Here’s why the Russian ruble has bounced back
The USD/RUB price continued its deceleration on Wednesday morning as investors focused on the ongoing tensions between Russia and Western countries. The Russian ruble is trading at 76.42 against the U...
Russia’s Central Bank Halts Ruble Plunge as Markets Experience Freefall
On Monday, January 24, the Central bank of Russia was forced to halt purchases of foreign currency in an attempt to stop a tremendous plunge in the stock market and the value of the ruble. Monday afte...
Russian Banks Begin Testing Digital Ruble Payments – Finance Bitcoin News
Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C)...
Russia to Pilot Digital Ruble for Payments Between private Individuals
Jan 20, 2022 at 11:23 // News Twelve Russian banks are preparing for the first phase of testing the digital ruble. The CBDC will be available for payments between private individuals. If this ph...