Russia doesn’t need to be first with a digital currency, says state expert
Russia is purportedly taking a fast-second strategy for the digital ruble. Go to Source Powered by WPeMatico
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‘The cryptoruble is the future’ says Russian policymaker
The parliament member claimed that there are no anti-blockchain voices in the Russian government Go to Source Powered by WPeMatico
Report ranks crypto next to gold in popularity with Russian investors
Crypto seems to be nearly as popular as gold among Russian investors. Go to Source Powered by WPeMatico
Bitcoin mining’s future is green, and Russia has the best chance
Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Five Russian banks express interest in piloting digital ruble
The first pilots of Russia’s digital currency are expected to launch in H1 2021. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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.” Go to Source Powered by WPeMatico
Major P2P crypto platform LocalBitcoins is blocked in Russia
LocalBitcoins’ website has been blacklisted in one of its key markets. Go to Source Powered by WPeMatico
Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now, the government is moving to regulate the industry in an … Read more