Russia is preparing for a dramatic policy turnaround by moving to legalize and regulate cryptocurrency exchanges, a significant shift driven by mounting economic sanctions and the need for new international trade channels.
Read MoreRussia is preparing for a dramatic policy turnaround by moving to legalize and regulate cryptocurrency exchanges, a significant shift driven by mounting economic sanctions and the need for new international trade channels.
Read MoreRussia's crypto market is projected to reach over 2 trillion rubles (nearly $24 billion) in 2026, according to Vasily Girya, CEO of GIS Mining.
Read MoreA Russian senator has proposed allowing companies registered in two of the country's special administrative regions (SARs) to conduct settlements using cryptocurrencies.
Read MoreAfter years of preparation and pilot testing, the Bank of Russia is officially preparing to launch its central bank digital currency (CBDC), the digital ruble, with large-scale implementation set to begin on September 1, 2026.
Read MoreThe Bank of Russia has recently addressed concerns regarding the introduction of the digital ruble, emphasizing that the new Central Bank Digital Currency (CBDC) will not lead to inflationary pressures in the economy.
Read MoreThe Bank of Russia (CBR) is embarking on a significant initiative to monitor all cross-border cryptocurrency transactions conducted by its citizens over the next six months.
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