Russia plans to regulate cryptocurrency trading by November, allowing only select organizations to participate initially.
Russia is expediting its crypto regulation to enable international trade settlements, with completion targeted for November.
Russia is planning comprehensive crypto regulations by November, spearheaded by its Central Bank and Ministry of Finance.
Russia will regulate cross-border crypto payments by November. Initial regulations under an experimental regime involve selected banks. Domestic crypto payments remain banned, used solely for foreign trade. The Central Bank and Finance Ministry draft rules to monitor market participants and safeguard against fraud.
Anatoly Aksakov, head of Russia’s Financial Market Committee, considers using national digital currencies for bilateral settlements with China, pending regulatory and technological platforms.
Anatoly Aksakov, head of the State Duma's Financial Market Committee, predicts future Bitcoin and digital ruble exchanges, as well as P2P markets based on the digital ruble for Russians.
Russian lawmaker Anatoly Aksakov has called for a ban on the viral Telegram game Hamster Kombat, labeling it as a scam. The State Duma will discuss the issue soon.
Hamster Kombat faces scrutiny as a Russian politician calls it a scam. The game has 250 million players and uses TON blockchain. Founders aim for 1 billion users.
Anatoly Aksakov, leader of the Russian State Duma's Financial Market Committee, has labeled the game 'Hamster Kombat' a scam and called for its termination in Russia due to its psychological manipulation of users.
Cross-border digital ruble payments are expected by 2026, as announced by Anatoly Aksakov, with domestic transactions piloted in 2025.
Russia's State Duma Banking Committee Chairman Anatoly Aksakov calls for a ban on Telegram's game Hamster Kombat, alleging potential user manipulation and fraud.
The Russian State Duma's Financial Markets Committee approved a bill to regulate cryptocurrency mining, set for first reading on July 23. The bill aims to control mining activities and prevent criminal use of cryptocurrencies.
Russia's Ministry of Finance proposes allowing cryptocurrency trading on Moscow and St. Petersburg Stock Exchanges for qualified investors.
Russia's Ministry of Finance proposes allowing digital currency trading for qualified investors on major exchanges like Moscow and St. Petersburg Exchange.
El Ministerio de Finanzas de Rusia propone permitir el comercio de criptomonedas para ciertos inversores calificados como parte de esfuerzos más amplios para los asentamientos internacionales con activos digitales.
Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, predicts international trade will move to CBDC settlements within five years, noting slow progress by countries currently.
Russia is set to prohibit the functioning of cryptocurrency exchanges domestically, while a bill to regulate mining is approved. Digital financial assets including the digital ruble will still circulate.
Russian officials plan to impose restrictions on cryptocurrencies by September 1, with upcoming votes to potentially ban crypto transactions.
Russia will enforce strict limitations on cryptocurrency circulation starting September 1, 2024, except for assets issued domestically. Anatoly Aksakov's initiative seeks to reinforce the ruble's dominance and security amid geopolitical strife.
Russia plans to enforce strict cryptocurrency regulations to protect the ruble's stability, restricting foreign crypto activities and encouraging domestic digital assets like the digital ruble.
Anatoly Aksakov of the Russian State Duma suggests digital financial assets may supplant fiat for international payments. These assets, under central bank regulation, are unofficially used for global settlements.
Russia's State Duma is advancing legislation on the digital ruble to facilitate foreign digital currency transactions and enable tax payments with it. The bill promotes interoperability with other national digital currencies, highlighting efforts to bypass restrictions from other countries. Amendments will continue to be taken in, with tests scheduled to start after some delays.
