As an immediate countermeasure against the rising inflation of its fiat currency, the Russian central bank doubled key interest rates on Feb. 28, from 9.5%
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Ukraine accepts Bitcoin, Ethereum, USDT donations to fund ongoing war
The Ukrainian government has reached out to the crypto community on Twitter to raise funds to support its civilians and troops.
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Russia to seize retail deposits if sanctions go too far, official warns
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday.
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Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to
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Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections
As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move.
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Clarity pushed back: Russian government fails to forge a consolidated stance on crypto regulation
Another tentative deadline for the Finance Ministry and central bank to reach a compromise passes as an expected bill does not arrive.
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