​IMF denied Russia’s ability to circumvent sanctions with cryptocurrencies

Apr 21, 2022

​IMF denied Russia’s ability to circumvent sanctions with cryptocurrencies

The head of the organization, Kristalina Georgieva, said that monitoring compliance with Western sanctions against the Russian Federation has not weakened

​Bank of Russia will start making real payments with the digital ruble in 2023

Apr 21, 2022

​Bank of Russia will start making real payments with the digital ruble in 2023

The Central Bank Governor noted that digital currency should make payments cheaper

​Binance notified Russian users of new restrictions

Apr 21, 2022

​Binance notified Russian users of new restrictions

This is due to the crypto exchange’s compliance with the fifth package of EU sanctions against Russia

​US Treasury Department imposed sanctions on the Russian mining company BitRiver

Apr 21, 2022

​US Treasury Department imposed sanctions on the Russian mining company BitRiver

The agency believes that this will prevent the use of mining to monetize natural resources

​IMF called the method of circumventing sanctions using mining

Apr 20, 2022

​IMF called the method of circumventing sanctions using mining

According to experts, governments will be able to generate income from the use of energy resources

​Russia’s Federal Taxation Service has advocated international settlements in cryptocurrencies

Apr 20, 2022

​Russia’s Federal Taxation Service has advocated international settlements in cryptocurrencies

The FTS’s initiative is under discussion at the Ministry of Finance

​Police officer in Russia tried to steal mining equipment

Apr 19, 2022

​Police officer in Russia tried to steal mining equipment

According to the investigation, the accused took advantage of operational information about the location of the crypto farm

​7 more banks to join the testing of the digital ruble

Apr 18, 2022

​7 more banks to join the testing of the digital ruble

The Governor of the Central Bank of the Russian Federation Elvira Nabiullina has said that financial institutions are now completing the preparatory stage of their IT systems

​EXMO exchange launched a separate platform for Russian users

Apr 18, 2022

​EXMO exchange launched a separate platform for Russian users

In the near future, the platform will launch a staking feature and release its own stablecoin

​Association of Russian Banks proposed criminalizing the storage of cryptocurrencies outside exchanges

Apr 18, 2022

​Association of Russian Banks proposed criminalizing the storage of cryptocurrencies outside exchanges

A criminal law approach will help the Central Bank and the Ministry of Finance to resolve contradictions in the regulation of cryptocurrencies, the ARB noted

​Russia’s Ministry of Finance allowed the possibility of cryptocurrency recognition as a means of payment

Apr 18, 2022

​Russia’s Ministry of Finance allowed the possibility of cryptocurrency recognition as a means of payment

Such a provision is contained in the new version of the draft law finalized by the department