Tag: Bank of Russia

  • CryptoRuble
    Crypto

    Is Russia on Its Way to Adopting Its Own State-Backed CryptoRuble?

    Russia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying three bills, introduced in March, to regulate smart contracts, digital currencies, cryptocurrency mining, and initial coin offerings (ICOs). Now...

    Ricardo Esteves | November 8, 2018 | 11:00 pm
  • Blockchain
    Blockchain

    Russia to Pilot ICO Technology as Investors Want Digital Tokens

    Russia is about to test an initial coin offering (ICO) technology at its central bank’s regulatory platform, which was launched in April 2018 to pilot unregulated technologies. The project aims to conduct the first transaction involving tokenized assets and assess the specifics of these transactions, mitigate associated risks,...

    Ricardo Esteves | May 25, 2018 | 9:00 pm
  • Bank of Russia No Bitcoin Ban
    Bitcoin

    Bank of Russia Confirms There Will Be No Bitcoin Ban After All

    Russia has always had an unusual relationship with Bitcoin and cryptocurrency. It has been unclear how the situation will evolve for quite some time now. A new statement by the Bank of Russia hints at no further action being taken against the usage of Bitcoin. Another positive sign...

    JP Buntinx | January 13, 2017 | 11:00 am
  • Russia, Red Square, Bitcoin
    Bitcoin

    Bank of Russia Sets Up Taskforce to Explore Bitcoin and FinTech

    The status of Bitcoin in Russia seems to be changing on a day-to-day basis. One day, government officials want to abolish the digital currency and make using Bitcoin punishable by law. The next day, the Bank of Russia announces they are looking to explore the possibilities and boundaries...

    JP Buntinx | February 29, 2016 | 11:00 am

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