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Russia Says Financial Institutions Can Offer Crypto-Linked Instruments to Qualified Investors
29.5.2025
The Bank of Russia said "financial institutions may offer qualified investors financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices."
Central Bank of Russia Approves Crypto Financial Products for Qualified Investors
29.5.2025
Central Bank of Russia permits crypto derivatives only for qualified investors with limits. Cash settlement mandated; actual cryptocurrency…
Central Bank of Russia Updates Digital Ruble Roadmap; Launch Slated for 2026
25.4.2025
The Central Bank of Russia announced that large payments using the digital ruble framework will debut in 2026, providing an official update after the postponement of its launch in March. Central Bank of Russia: Digital Ruble to Be Launched in 2026 The irruption of central bank digital currencies...
Bank of Russia Proposes Crypto Investment Pilot for High-Net-Worth Investors
12.3.2025
The central banks aims to establish standards for crypto-related services and increase market transparency while expanding investment opportunities for wealthy investors
Bank of Russia proposes to allow crypto purchases by select investors
12.3.2025
The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies.On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin...
Bank of Russia proposes to allow crypto purchases by select investors
12.3.2025
The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies.On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin...
Bank of Russia proposes to allow crypto purchases by select investors
12.3.2025
The Russian central bank is considering a three-year experimental regime to authorize select Russian investors to trade cryptocurrencies.On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin...
Bank of Russia proposes to allow crypto purchases for select investors
12.3.2025
The Russian central bank is considering a new experimental regime to legally authorize select Russian investors to trade cryptocurrencies.On March 12, the Bank of Russia announced a proposal to allow a “limited circle of Russian investors” to buy and sell cryptocurrencies like Bitcoin...
Russian Banks Baulk at Digital Ruble Implementation Costs
25.10.2024
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their IT budgets. The central bank has mandated different...
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
19.10.2024
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital...
Bank of Russia Claims Digital Ruble Issuance Won’t Cause Inflation
2.10.2024
The Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money issued. The institution clarified that the new currency does not pose risks to the country’s financial stability...
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
16.9.2024
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks...
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025
9.9.2024
Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected by late 2025. According to officials, demand...
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
27.8.2024
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing...
Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade
12.8.2024
Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to facilitate cryptocurrency transactions, including...
Putin Signs Law to Regulate Crypto Mining in Russia
11.8.2024
Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November. This legislation establishes a regulated framework for mining operations, limiting participation from entities associated with...
Russia legalizes Bitcoin and cryptocurrency mining
8.8.2024
Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system
Russia legalizes Bitcoin and cryptocurrency mining
8.8.2024
Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system
Bank of Russia Expects Wide Adoption of Digital Ruble Within 5 to 7 Years
1.8.2024
Elvira Nabiullina, the governor of the Bank of Russia, declared that she expects the digital ruble, the Russian CBDC, to achieve a high level of acceptance due to the benefits it offers to Russian citizens. During a speech at the Federation Council, Nabiullina stated that it would be widely adopted...
Russia to Initiate Crypto Payments Internationally by Year-End, Central Bank Governor Says
31.7.2024
Russia plans to launch international cryptocurrency payments by the end of the year to counter Western sanctions, according to the governor of the Bank of Russia. The central bank is prepared to be flexible and is already discussing the conditions of this initiative with various ministries...