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Russia has set July 1, 2027, as the cutoff for direct peer-to-peer cryptocurrency trading, requiring residents to use authorized intermediaries while restricting withdrawals from regulated digital accounts to personal wallets. The Bank of Russia clarified in guidance updated on Oct.…
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Russia has confirmed that direct peer-to-peer cryptocurrency transactions between individuals will be prohibited from July 1, 2027, requiring residents to conduct trades through authorized intermediaries. According to updated guidance published by the Bank of Russia on Oct. 12, individuals can…
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Russia’s A7 international settlement platform has announced a new payment service that will allow customers to settle foreign invoices using USDT while recipients receive funds through conventional SWIFT bank transfers. According to an October 12 announcement distributed through Chainwire, the…
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Sberbank has secured the Bank of Russia’s approval to provide cryptocurrency exchange services, joining nine registered operators ahead of its planned Dec. 1 product launch. The Bank of Russia has added Sberbank to its register of organizations authorized to exchange…
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Russia introduces new electricity rules requiring crypto mining farms to accept power cuts during shortages, prioritizing homes and other users.
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The United Kingdom has sanctioned cryptocurrency platforms Cryptomus, Heleket and TokenSpot as part of 38 new Russia-related designations targeting financial services, payment networks, oil companies and suppliers linked to Moscow’s war in Ukraine. According to an October 8 TRM Labs…
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The United Kingdom has sanctioned three cryptocurrency exchanges, two payment platforms and one individual in an Oct. 8 package of 38 designations targeting financial services, oil revenue and suppliers accused of supporting Russia’s war in Ukraine. The Foreign, Commonwealth &…
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Russia has registered its first four cryptocurrency exchange operators and five digital custodians under the regulated crypto market that opened on Sept. 1. According to the Bank of Russia, the first companies were admitted under transitional provisions of the country’s…
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India’s RBI remains cautious on crypto over monetary and capital-flow risks while backing tokenization, CBDC pilots and digital bonds.
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Japan added Garantex to a Russia sanctions asset-freeze list covering 33 entities and nine people, while restricting services to 35 vessels.
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Russia’s Finance Ministry has started paying some employees in digital rubles, extending the CBDC into government payroll after its Sept. 1 rollout.
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Russia says investors may bear losses from foreign stablecoin freezes as crypto holdings reach 3.7 trillion rubles under its new market rules.
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The Bank of Russia has proposed capping banks’ total risk from cryptocurrencies and foreign digital instruments at 1% of their capital as it sets prudential limits for lenders entering the country’s newly regulated crypto market. According to the Bank of…
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The Bank of Russia has identified cryptocurrency use as a financial market risk, warning that stablecoins and other digital assets could increasingly be used by Russians as substitutes for the national currency. The central bank outlined the concerns in its…
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India and Russia have begun working on a digital currency settlement mechanism for bilateral trade as their central banks examine how state-issued currencies could be used for cross-border payments. Sberbank Chief Executive Officer Herman Gref said the Bank of Russia…
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Russia has made taxpayer identification numbers a mandatory part of opening digital depository accounts used to record cryptocurrencies and digital rights as authorities tighten identity checks across the country’s newly regulated crypto market. Russia’s Federal Financial Monitoring Service, known as…
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