Articles of Russia

Global crisis, market crash, but crypto regulations move in adversity

Author: Kevin Helms Translation: Ziming Source: Crypto Valley In this article, we covered the development of digital currency regulation in a global crisis caused by a coronavirus outbreak, bank failures, interest rate cuts, and stock market crashes. This series of emergencies also made governments around the world, including the United States, South Korea, India and […]

Russia will ban the use of cryptocurrencies as a means of payment

Author: Xiu MU Source: Tweet According to Russian local website Baza, Russian Deputy Prime Minister Dmitry Chernyshenko said in a letter to President Putin that the Russian Federal Security Service (FSB) has reached an agreement with the Russian Central Bank to prohibit the use of cryptocurrencies as a payment method in Russia. The FSB […]

Russian central bank completes blockchain platform pilot project for digital rights issuance and transfer

According to Finacefeeds report on February 17, the Russian Central Bank recently announced that it has completed a pilot project of a blockchain platform for digital rights distribution and transfer, which is part of the country's central bank's regulatory sandbox. (Image source: wikipedia ) The aforementioned blockchain platforms can digitize (tokenize) goods, services, securities and […]

Russia's new Prime Minister calls for priority development of the digital economy, is the opportunity for blockchain coming?

The Prime Minister of the Russian Federation called on Russia to give priority to the development of the digital economy. Source: Pixabay Russian domestic news media RIA Novosti reported on January 16 that Mikhail Mishustin, who was confirmed as Prime Minister earlier today, pointed out some of the key priorities of his work and outlined […]

Hesitant fighting nations, finally to test the stablecoin!

Author: Joyce Source: Blockchain Outpost Recently, Elvira Nabiullina, the governor of the Russian Central Bank, said in an interview with the media that the Russian central bank has begun testing stablecoins in a regulatory sandbox designed for companies that want to issue digital tokens supported by physical assets. of. The stablecoins in the crypto community […]

Bitcoin's rise in relations with Chinese businessmen in Russia: RMB detours Russia?

On August 6th, local time, NBC's well-known anchor "Shark Tank" Kevin O'Leary and Morgan Creek Digital's Anthony Panggliano (Anthony "Purp" Pompliano) had a TV discussion. As mentioned in the discussion, the recent price increase of Bitcoin may be caused by “China’s capital flight”. Not long ago, the media disclosed the trading market for the escape […]

Russia considers setting up an encryption trading center on the Sino-Russian border

After the "March 4", many encryption companies chose to go south to Hong Kong. Maybe they have another choice in the future, that is, north. According to Leonid Petukhov, head of the Russian Far East Investment and Export Authority (IPA), the agency is considering setting up an offshore financial center on Black Box Island on […]

The Russian central bank will consider the cryptocurrency supported by gold

According to Tass, the Russian Central Bank will consider using gold-backed cryptocurrencies to facilitate international settlement. Russian bank governor Elvira Nabiulina said on Thursday that the Russian bank will review a proposal to develop cryptocurrency. Nabiulina said in the National House of Commons: "As for the joint settlement, we will of course consider the proposal […]

Russia begins cryptocurrency technology test

The Russian government has long been known for trying to limit or remove any technology that might undermine its authority. However, this attitude seems to be changing, at least for cryptocurrencies. The country’s Ministry of Economic Affairs recently drafted a bill that would regulate the regulation of cryptocurrency transactions in four regions. Entities, including businesses, […]

How low is the proportion of people investing in Bitcoin in Russia? Only 2%

According to a recent survey released by the Russian Public Opinion Research Center (VTsIOM) on April 9, only 2% of Russians currently invest in Bitcoin (BTC). VTsIOM is Russia's oldest polling agency after the collapse of the Soviet Union. The agency revealed that Bitcoin is not popular in Russia. Two-thirds of Russians consider this cryptocurrency […]