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Putin Supports Cryptocurrency Mining, Despite Central Bank Stance


As per 3 people familiar with the matter, President Vladimir Putin supports the Russian government’s proposal to tax as well as govern cryptocurrency mining while dismissing the central bank’s proposition to outright ban it. Putin approved a plan, which would enable extraction to proceed...

Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban


Authorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank...

Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban


  The Russian political talk shop is open – or at least it is for crypto, with many leading lawmakers hitting back at the Central Bank’s calls last week for a blanket ban on cryptoassets and token mining.... Read More: Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban

New Payment System Seeking to Bolster Intra-African Trade Goes Live


A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system...

Russian Banks Begin Testing Digital Ruble Payments


Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble...

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