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No Obvious Requirement for National Crypto: Head of Central Bank of Russia


The Head of Central Bank of Russia, Elvira Nabiullina, doesn’t think the country requires a national digital currency of its own, as per the reports of Russia’s news outlet Tass. Nabiullina also disclosed that the Bank of Russia had been studying the matter, and the requirement of issuing...

Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift


The dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions...

Here’s How Belarus Pressures Russia to Legalize Cryptocurrencies


Relations between Belarus and Russia have always been quite complicated. The union the two close allies created has faced all kinds of challenges over its 20 plus years of existence. Now cryptocurrency is becoming a new apple of discord, as Minsk has taken a relatively friendly approach...

Russia Regulates Digital Rights, Advances Other Crypto-Related Bills


After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...

Russia, Mexico and Paraguay Set off on Different Crypto Paths


Senior officials in Russia, Mexico and Paraguay have given hints that their respective countries will seek to regulate cryptocurrencies – with an unprecedented three-pronged approach to crypto, a more considered approach and a suggestion to keep tokens well away from conventional finance all on...

Smart Contracts Legalized in Russia + 11 More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Smart contracts have become legal in Russia as of today, reports Regnum. The new law – one of a package of three...

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide


Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...

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