Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions
Read more
Central Bank of Russia tightens P2P transactions monitoring, including those in crypto
The regulator’s recommendation is designed to prevent capital flight amid economic collapse.
Read more
Russia’s central bank goes to war: Is cryptocurrency a friend or foe?
Policymakers in Moscow are scrambling to rethink their approach to digital currency as one of several means of protecting the increasingly isolated economy.
Read more
Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’
The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto.
Read more
Law Decoded: Crypto in times of war, Feb. 28–Mar. 7
The catastrophe unfolding in Ukraine will have long-lasting consequences for the crypto space, too.
Read more
Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions
A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low,
Read more