Russia – DIGIT INFO

Bank of Russia Confirms September Rollout for Digital Ruble, With Top Banks ‘Ready and Connected’

DIGIT — Sun, 07 Jun 2026 03:10:20 +0000

Alla Bakina, Director of the Bank of Russia’s National Payment System Department, highlighted that most private banks in Russia are ready to provide digital ruble services on September 1. The currency will integrate with the existing universal QR code payment system. Central Bank of Russia: Russian Banks Ready For Digital Ruble Launch While stablecoins have […]

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A7 Exec Warns: ‘Western Compliance Pressure’ Will Push Russia Fully into Independent Digital Payments

DIGIT — Mon, 01 Jun 2026 04:30:32 +0000

Stanislav Lazarev, Deputy General Director for Sales at A7, believes that the cross-border payments ecosystem will shift toward independent solutions, including digital assets, as participants seek to complete these disbursements while avoiding secondary sanctions imposed by Western countries. A7: Cross-Border Settlements Ecosystem To Change Due To Western Pressure The sheer number of sanctions Russia is […]

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UK Sanctions Strike Russia-Linked Crypto Networks in Sweeping Crackdown

DIGIT — Thu, 28 May 2026 03:30:00 +0000

Crypto exchanges face new U.K. enforcement pressure after Britain targeted Russia-linked sanctions-evasion networks using digital assets. The package names 18 exchanges, banks, payment providers, corporate entities, and individuals tied to crypto and financial channels. Crypto Exchanges Face UK Regulation 17A Action Britain announced on May 26 a sanctions package aimed at crypto routes used to […]

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Russia Tells Visa and Mastercard to Finally Leave as Market Share Plummets Below 17%

DIGIT — Tue, 26 May 2026 07:30:10 +0000

The statements by Alla Bakina, Director of the Bank of Russia’s National Payment System Department, are supported by the low adoption of these cards in the Russian Federation, which stands at less than 17%. Mir Cards and other payments have substituted Mastercard and Visa. Mastercard and Visa Card Adoption Falls Under 17% in Russia While […]

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China’s Yuan Settlements Jump to $214B in March as Russia, Iran Accelerate Dollar Exit

DIGIT — Wed, 13 May 2026 22:25:31 +0000

Russia and Iran are accelerating their move away from the U.S. dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report. The Rise of the Petroyuan The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned […]

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Russia’s Moscow Exchange to Launch SOL, XRP, Tron and BNB Crypto Indexes on May 13

DIGIT — Tue, 05 May 2026 09:48:48 +0000

Russia’s Moscow Exchange (Moex) will begin publishing four new cryptocurrency indexes for solana ( SOL), XRP, tron ( TRX), and BNB starting May 13, expanding its regulated crypto benchmark suite beyond bitcoin and ether for the first time. Key Takeaways: Russia’s Moscow Exchange will launch crypto indexes for SOL, XRP, TRX and BNB within the […]

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Chainalysis: EU’s New Sanctions on Russia Mark ‘a New Era’ of Crypto Enforcement

DIGIT — Mon, 27 Apr 2026 03:30:37 +0000

The blockchain intelligence agency highlighted that the recently issued sanctions package against Russia was perhaps the most comprehensive crypto-focused action by the EU, targeting the whole Russian cryptocurrency sector rather than individual actors, including the digital ruble in full and the RUBx token. Key Takeaways: The EU launched its 20th sanctions package, strictly targeting the […]

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Largest Bank of Russia Prepared to Offer Cryptocurrency Trading Services

DIGIT — Sun, 19 Apr 2026 05:30:32 +0000

Sberbank is awaiting approval to offer cryptocurrency custody and trading services to its over 110 million customers. The Central Bank of Russia proposed a regulatory draft to regularize crypto investments last December. Key Takeaways: Sberbank readies crypto trading for its 110M clients, awaiting upcoming Bank of Russia regulations next. Following a December loan to Intelion, […]

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Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Services

DIGIT — Fri, 17 Apr 2026 09:30:34 +0000

The sanctioned crypto-ruble exchange Grinex has suspended all operations following a high-level cyberattack that resulted in the theft of over $13.74 million worth of tether stablecoins. Key Takeaways: Grinex halts operations after a state-level hack drains over 1 billion rubles in USDT from user wallets. The 2025 takeover of Garantex solidified Grinex as a primary […]

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Russia Moves to Formalize Cryptocurrency Market With New Legislation

DIGIT — Mon, 06 Apr 2026 07:30:07 +0000

A set of bills to formalize and regulate crypto transactions was introduced to Russia’s State Duma last week. The legislation amends existing laws to allow both qualified and non-qualified investors to access digital assets while establishing reporting and tax duties for Russian residents. Key Takeaways: The State Duma introduced 3 crypto bills capping non-qualified investors […]

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