Bank of Russia – Page 23

Digital ruble must ensure privacy, not anonymity: Russia’s central bank

Russia’s digital ruble will not have the same level of anonymity as cash, says official.

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Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16

Talk of CBDCs and Facebook’s Libra headlined this week’s policy news, as international organizations weigh in on both.

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Five Russian banks express interest in piloting digital ruble

The first pilots of Russia’s digital currency are expected to launch in H1 2021.

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Unqualified investors can buy up to $8K of crypto, says Bank of Russia

Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors.

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Bank of Russia issues consultation paper on digital ruble

Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”

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Could Russia lead Eastern Europe’s crypto boom?

Russia’s new bill brings it in line with U.K. legislators, though there is a distinction between the approach of the FCA and the State Duma.

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New Russian Law Bans Bitcoin Payments for Goods and Services

New Russian Law Bans Bitcoin Payments for Goods and Services Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing from senior lawmkers like Anatoly […]

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Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia

Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized financial governance, Uzbekistan’s crypto ban, and four countries’ central bank digital currency updates. Also read: […]

The post Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia appeared first on Bitcoin News.

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Denmark’s Largest Bank Took Two Years to Close Accounts of Blacklisted Russian Clients

Denmark’s Largest Bank Took Two Years to Close Accounts of Blacklisted Russian Clients Denmark’s largest bank, Danske Bank, reportedly knew that some of its Estonian branch’s clients were on the Russian government’s blacklist but did not close their accounts for two years. The bank is currently being probed by three countries over $150 billion money laundering allegations. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals […]

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Russia’s Largest Banks to Offer Crypto Trading Platforms

While most financial institutions have continued to be proponents of the ‘blockchain is good, cryptos are bad’ narrative, two of Russia’s largest banks are piloting a new cryptocurrency program for their clients. The two, Sberbank and Alfa-Bank, will offer their clients shares in a special new fund that will list six cryptocurrencies initially. The platforms […]

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