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Lawmaker: Lack of Russian Crypto Regulations ‘Undermines Moscow’s Anti-Sanctions Policies’
6.2.2024
A leading politician thinks insufficient Russian crypto regulation is “undermining the government’s efforts to counter” Western economic sanctions. The media outlet RBC quoted Andrei Lugovoy, the First Deputy Chairman of the State Duma’s Committee on Security and Anti-Corruption, as calling Russian...
Russian Banking Association Launches ‘Digital Assets Council’
1.2.2024
Russia’s biggest securities and banking association has launched a “council” for the self-regulation of “digital assets.” Per RBC and an official National Association of Stock Market Participants (NAUFOR) announcement, the NAUFOR’s Board of Directors created the council on January 30. NAUFOR is...
BitRiver – Bitcoin Mining More Profitable in Russia Than US
23.1.2024
The head of Russia’s biggest crypto mining firm says that Bitcoin (BTC) mining is more profitable in his country than in the United States – and that halving will only heighten the discrepancy. Per RBC, Igor Runets, the Founder and CEO of BitRiver, said the difference would likely become more...
Russian Experts: 2024 Will Be a Big Year for Cross-border Crypto, CBDC Payments
9.1.2024
Source: hamara/Adobe Russian legal and tech experts think that 2024 will mark a turning point for the use of crypto and CBDCs like the digital ruble in cross-border payments. Per RBC, Andrey Tugarin, the head of the law firm GMT Legal , said: “The main trend to look out for in 2024 will be...
Russia Poised to Let Miners Sell Coins Abroad as ‘Exports’
14.12.2023
Source: artiemedvedev/Adobe Russian industrial miners may be given the right to sell cryptoassets as “export products,” the nation’s finance ministry said. Per RBC, the country’s Deputy Minister of Finance Ivan Chebeskov made the comments at a round table event named “Cryptocurrency and the Future...
Number of Russians Trading Crypto Is Falling, Says Central Bank
5.12.2023
Source: prokop.photo/Adobe Russia’s Central Bank says there has been a drop in the number of citizens trading crypto – with citizens staying away from major overseas trading platforms. Per RBC, the bank’s data shows Russians’ crypto activity “decreased in the second and third quarters of 2023.”...
RBC Proposes Options Bet on Bitcoin-Linked Tesla and MicroStrategy
18.10.2021
Options traders could right now take advantage of a rare divergence in options metrics between the two bitcoin (BTC)-holding companies MicroStrategy and Tesla, a strategist at investment bank RBC Capital Markets has suggested....
Read More: RBC Proposes Options Bet on Bitcoin-Linked Tesla...
Apple Well Positioned to Offer Crypto Trading — Analyst Says Company Should Hold Bitcoin in Treasury
11.2.2021
Apple Inc. is well position to offer cryptocurrency trading, according to an analyst with global investment bank RBC Capital Markets. Not only will Apple gain instant market share in the crypto space, but the move could also generate the Iphone maker well over $40 billion in annual revenue....
Apple Should Launch Own Crypto Exchange, RBC Analyst Says
8.2.2021
Analysts at the largest bank in Canada noted that after PayPal and Square’s crypto offerings, the market for tech firms creating crypto wallets has already been validated
RBC Says It Has No 'Near-term Plans' to Launch Crypto Exchange
19.11.2019
Source: iStock/t_kimura
The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange...
Royal Bank of Canada Patents Point to Crypto Exchange Launch
16.11.2019
The largest bank in Canada by market capitalization, Royal Bank of Canada (RBC), is reportedly opening a cryptocurrency exchange. Patents have been discovered that reveal some of the technology the RBC may implement, which could be used to bring digital currency trading to the bank’s...
Banking Giant With 16 Million Clients, RBC, Goes Crypto - Report
12.11.2019
The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, is set to open a cryptocurrency exchange, according to a report from The Logic.
The media outlet claims it has learned that the RBC wants to allow customers to trade in cryptocurrencies such as Bitcoin and Ethereum...
RBC Looking to Build a Crypto Trading Platform for Investments
12.11.2019
The Canadian Royal Bank is exploring to build the cryptocurrency trading platform where it can facilitate its customers buying and selling of digital currencies. The buying and selling of coins will include some of the top cryptocurrencies such as Bitcoin, Ethereum, Litecoin, etc. They are also...
RBC Analysts: Squashing Libra Could Boost China’s Digital Currency
16.10.2019
China’s digital currency could become the dominant digital currency if U.S. regulators dismiss Facebook's Libra
Facebook’s GlobalCoin May Be A ‘Historic Initiative,’ Say RBC Analysts
14.6.2019
Analysts are bullish on Facebook's upcoming blockchain product
Facebook’s Crypto Project Will Be A Milestone According to RBC
14.6.2019
Investment bank RBC Capital Markets believes that Facebook’s upcoming crypto project will be “one of the most important initiatives in the history of the company”