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Russia Publishes New Crypto Law Expanding State Control Over Digital Assets


Russia’s new crypto law amplifies state control, enabling regional restrictions, tighter infrastructure regulations, and enhanced transaction monitoring. State Authority Over Digital Currency Grows as Russia Publishes New Law The Russian government released a document on Friday detailing...

Russian Banks Baulk at Digital Ruble Implementation Costs


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...

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