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Tag: Russia

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UK Sanctions Crypto Exchanges Over Suspected Russia-Linked Evasion
Three crypto exchanges and two payment platforms come under new UK sanctions over suspected efforts to bypass restrictions on Russia. The measures target financial channels authorities associate with sanctions evasion as Britain expands pressure on Moscow’s war funding. Cryptomus and… Read full article
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Russia Starts Licensing Crypto Exchanges And Custodians Under New Register
TL;DR: Russia’s new regulated crypto-market framework has moved into operation, with the Bank of Russia adding firms including VTB, Sberbank and several specialist operators to registers covering cryptocurrency exchanges and digital depositories. Domestic crypto payments remain restricted, but regulated trading… Read full article
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Russia Admits Sber and VTB to Digital Depository Register and Adds Crypto Exchanges
The Bank of Russia has updated two financial-market registers, adding Sberbank, VTB and three other companies as digital depositories while separately listing VTB among organisations permitted to exchange cryptocurrencies. The central bank's admissions page published the updates on 7 October,… Read full article
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Russia’s Digital Ruble Hits 220,000 Accounts in One Month, Nearly 4X Official Forecast
Key Takeaways:

In its first month, the Russian digital ruble saw more than 220,000 accounts, just under 24 times the central bank’s predicted figure.The CBDC launch coincides with BRICS countries discussing the possibility of linking national digital currencies for cross-border… Read full article
2d ago
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Russia clears first crypto exchanges, custodians under new law
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1. Read full article
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