The Central Bank of Russia (CBR) is exploring the possibility of granting institutional investors broader access to cryptocurrencies through the creation of mutual funds focused on digital assets.
Read MoreThe Central Bank of Russia (CBR) is exploring the possibility of granting institutional investors broader access to cryptocurrencies through the creation of mutual funds focused on digital assets.
Read MoreSberbank, Russia's largest bank, is making a significant stride into the digital asset space with plans to launch comprehensive custodial services for cryptocurrencies.
Read MoreRussia is set to tighten its grip on crypto exchanges as regulators seek to bring the industry under stricter control. The Financial Action Task Force (FATF) compliance is a key driver behind these regulatory efforts.
Read MoreIn a move that underscores the increasing interest in cryptocurrency among Russian financial institutions, several leading banks are reportedly keen to join the Central Bank's pilot program aimed at exploring crypto technologies.
Read MoreThe Central Bank of Russia is gearing up for a broader rollout of its digital currency, the digital ruble. The pilot program, which began in August 2023 with a limited number of banks and clients, is set to expand in September 2024.
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