A Moscow court has tightened detention measures against Igor Runets, founder of BitRiver, Russia’s largest crypto mining company. The Zamoskvoretsky District Court …
ruble
-
-
Finance
Russia on track for digital ruble rollout on Sept. 1: Central bank governor
by shayaanby shayaanRussia’s central bank governor, Elvira Nabiullina, confirmed that the country was prepared to roll out its central bank digital currency (CBDC) in …
-
Smart Contracts
Russia Is Ready for ‘Widespread Use’ of Digital Ruble by September, Says Bank Governor
by shayaanby shayaanIn short Russia’s digital ruble rollout is on track to begin on September 1, as mandated by a law passed last year. …
-
DeFi
Crypto exchange HTX rejects U.K. sanction allegations, says it refused ruble stablecoin listing
by shayaanby shayaanCrypto exchange $HTX rejected U.K. claims it helped Russia’s “illicit financial infrastructure” used for moving funds and sustaining the country’s war in …
-
Markets
UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
by shayaanby shayaanBritain applied banking-style sanctions to crypto exchanges for the first time, requiring U.K. financial firms to freeze funds and trace transactions. www.coindesk.com
-
Mining
Russia slides on crypto mining rankings over higher electricity costs, stronger ruble
by shayaanby shayaanRussia is on its way to losing its spot as the world’s second-largest Bitcoin mining destination, after the United States, to China, …
-
Finance
‘On Schedule:’ Central Bank of Russia Prepared for Digital Ruble Launch
by shayaanby shayaanElvira Nabiullina, the head of the Central Bank of Russia, has declared that first-wave banks were finalizing their preparations to support the …
-
Regulation
Bank of Russia introduces strict account requirements in amended digital ruble rules
by shayaanby shayaanRussia’s monetary authority has updated the rules for opening digital ruble accounts, and the end result is a complicated procedure for ordinary …
-
Finance
Russian State Duma Profiles Digital Ruble as a Sanctions-Sidestepping Tool
by shayaanby shayaanThe Russian State Duma is considering using the digital ruble to maintain transparency in public spending and to sidestep sanctions. Deputy Chairman …
-
Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and Tochka Bank, according to a statement from …