PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans
Following Paypal’s declaration in regards to the introduction of a recent stablecoin, the good contract deal with has revealed that the amount of PYUSD stood...
Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected Soon
Major authorities establishments in Moscow, the central financial institution and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining within the...
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners
Anatoly Aksakov, head of the Financial Market Committee on the Russian parliament, has reiterated a warning for cryptocurrency traders and insisted that Russians proudly owning...
Russia’s National Finance Association Calls for Legalization of Crypto Investments
The fundamental finance trade affiliation of Russia has urged authorities to rethink a place towards crypto investments within the nation’s monetary market technique. The group...
Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype
In advance of presenting its complete view on crypto laws, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies within...
Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals
Interest in cryptocurrencies has been rising in Russia, not least amongst non-qualified traders. According to lately quoted estimates, Russians have already put greater than $67...
Russia to Allow Foreign Residents to Own and Use Digital Ruble
The central financial institution of Russia intends to make sure that the digital ruble is convertible to foreign currency and can be utilized by non-residents....
Russian Parliament Sets Up Working Group on Cryptocurrency Regulations
A working group on cryptocurrencies and associated actions will quickly start to fulfill on the State Duma, the decrease home of Russian parliament. Its members...
Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets
The financial authority in Moscow, the Bank of Russia, desires those that use cryptocurrencies towards the regulation to be held accountable. The monetary regulator has...
Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn
Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase of competition pressure on banks...