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Bank of Russia

Russia reconsiders stance on use of digital assets after past prohibitions
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9 September, 2022

Russia reconsiders stance on use of digital assets after past prohibitions

Following a barrage of sanctions and an ongoing row with the West, Russia is reportedly seeking to diversify its payment...
Russia’s central bank opposes ‘overly risky’ private stablecoins
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16 July, 2022

Russia’s central bank opposes ‘overly risky’ private stablecoins

The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
Russian investors will have to take an exam to invest in digital assets
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24 February, 2022

Russian investors will have to take an exam to invest in digital assets

The Ministry of Finance submitted a new draft bill in parliament that will license exchanges, make Bitcoin a legal asset,...
Russian Finance Ministry introduces digital asset draft law despite central bank objection
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23 February, 2022

Russian Finance Ministry introduces digital asset draft law despite central bank objection

The Finance Ministry has opened a public feedback period until mid-March on a piece of legislation that will make Bitcoin...
Russia to treat Bitcoin as a currency, weeks after proposed blanket ban
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11 February, 2022

Russia to treat Bitcoin as a currency, weeks after proposed blanket ban

A new document by the Russian government, supported by the central bank, has dispelled fears of a blanket ban, weeks...
Bank of Russia to allow digital currency investment, but only via foreign firms
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27 December, 2021

Bank of Russia to allow digital currency investment, but only via foreign firms

Deputy Governor Vladimir Chistyukhin said the bank will not bar investors from getting into digital currencies, in contrast with earlier...
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