Bank of Russia Archives

Bank of Russia to allow digital currency investment, but only via foreign firms

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27 December, 2021

Bank of Russia to allow digital currency investment, but only via foreign firms

Deputy Governor Vladimir Chistyukhin said the bank will not bar investors from getting into digital currencies, in contrast with earlier...

Bank of Russia plans to ban digital currencies

Business

Steve Kaaru

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23 December, 2021

Bank of Russia plans to ban digital currencies

Governor Elvira Nabiullina addressed digital currencies and central bank’s attitude towards the industry, which has been receiving mixed signals from...

Bank of Russia bans mutual funds from investing in digital currencies

Business

Steve Kaaru

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18 December, 2021

Bank of Russia bans mutual funds from investing in digital currencies

The Russian central bank had previously suggested that mutual funds should stay away from digital currencies, but has now made...

Russia’s Tinkoff bank explores digital currency opportunities amid demand surge

Business

Ed Drake

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7 November, 2021

Russia’s Tinkoff bank explores digital currency opportunities amid demand surge

Tinkoff, through its brokerage arm Tink off investments, is considering several projects in and around digital currency, including the provision...

Russia central bank to block suspicious digital currency activities

Business

Ed Drake

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18 September, 2021

Russia central bank to block suspicious digital currency activities

The measures were designed to protect unsuspecting investors and to avoid the risks of the digital currency market crashing to...

Sber announces plans to register digital platform with Bank of Russia

Business

Ed Drake

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7 September, 2021

Sber announces plans to register digital platform with Bank of Russia

The state-owned Sber recently rebranded from Sberbank to become a leader in technology and financial technologies, rather than solely in...

Bank of Russia wants digital currency companies out of stock exchanges

Business

Steve Kaaru

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27 July, 2021

Bank of Russia wants digital currency companies out of stock exchanges

The Bank of Russia recently sent a letter to stock exchanges urging them to stay away from companies that deal...

Russia to pilot digital ruble prototype in 2021

Business

Steve Kaaru

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17 March, 2021

Russia to pilot digital ruble prototype in 2021

Russia’s central bank intends on launching a digital ruble prototype this year, its deputy chairman has recently revealed.

Russia’s largest bank files to launch a stablecoin

Business

Steve Kaaru

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27 January, 2021

Russia’s largest bank files to launch a stablecoin

Russia’s Sberbank has filed an application with the country’s banking regulator to launch its own stablecoin.

Russia central bank snubs private ruble-pegged stablecoins

Business

Ed Drake

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7 December, 2020

Russia central bank snubs private ruble-pegged stablecoins

The Chinese model for its digital yuan is a better template for Russia in exploring a central bank digital currency,...

Bank of Russia discusses digital ruble plans with bank execs

Business

Steve Kaaru

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2 December, 2020

Bank of Russia discusses digital ruble plans with bank execs

The Russian central bank recently met with some of the country’s commercial banks to discuss the proposed digital ruble.

New Russia rules to set limit on digital asset buy for retail investors

Business

Ed Drake

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19 October, 2020

New Russia rules to set limit on digital asset buy for retail investors

Chief amongst the proposals is a separation of “qualified” and “non-qualified” investors, with separate rules relating to each class.

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