Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto Craze – Bitcoin News
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Bank of Russia asks stock exchanges to not list crypto-related firms
As global cryptocurrency companies increasingly consider going public, the Russian central bank has officially recommended local exchanges to avoid crypto-related listings.The Bank of Russia issued an information letter on July 19, asking Russian stock exchanges to stay away from listings of foreign and local companies involved in a broad range
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Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
The deputy chairwoman of the Bank of Russia, Olga Skorobogatova, met with representatives of several major banks Thursday, seeking early feedback on the concept of a digital ruble. According to Russian newspaper Kommersant, the bankers were chiefly concerned over how centralized the digital currency system, currently under consideration, might be
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New Firm Plans Largest Bitcoin Mining Firm in Russia
MineSpot, a company previously unknown in the crypto mining industry, said it is opening a 160-megawatt mining venue in the middle of Siberia that would be the largest mining farm in Russia.The venue is located near the Boguchany Dam in East Siberia, in the town of Kodinsk. It will occupy
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Digital Ruble ‘Promising,’ Pilot Likely in 2021, Says Bank of Russia Chief
MOSCOW – Russia’s central bank might pilot its own central bank digital currency (CBDC) at the end of 2021, said head of the Bank of Russia Elvira Nabiullina during an online press conference on Friday. “We view this project as promising, it fits into the concept of the digital economy [currently
Read MoreRussia doesn’t need to be first with a digital currency, says state expert
A Russian official argued that the country should have launched research on a central bank digital currency four years ago in order to claim leadership in the field.However, according to Dmitry Peskov, a special representative of the President of the Russian Federation on digital and technological development, the first-mover advantage also
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Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations
The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC. Source
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Held Accountable: Russia Wants Bitcoin Investors Jailed For Non-Compliance
One of the biggest impacts awaiting to hit Bitcoin and the rest of the cryptocurrency space is the
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