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Tag: Bank of Russia

Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

April 19, 2022 wp-bot Bitcoin News

The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative,

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Russian bankers reportedly want to outlaw noncustodial crypto wallets

April 18, 2022 wp-bot Cointelegraph

The Association of Banks of Russia has previously collaborated with Binance as part of its expert center focused on crypto regulation.

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Russia should use crypto for payments with Africa, commerce exec says

April 14, 2022 wp-bot Cointelegraph

Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes.

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Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

April 13, 2022 wp-bot Bitcoin News

The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank

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Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels

April 8, 2022 wp-bot Bitcoin News

Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has

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Russians collectively hold $130B in crypto, prime minister says

April 8, 2022 wp-bot Cointelegraph

Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation.

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