Bank of Russia | ForkLog

ForkLog 14 22.10.2021

Nabiullina: Bank of Russia not ready to permit Bitcoin ETFs to trade

The Bank of Russia is not prepared to permit a Bitcoin ETF to trade on the domestic market, said Bank of Russia head Elvira Nabiullina during a press conference.

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ForkLog 7 14.10.2021

Bank of Russia says Russians’ bitcoin investments pose a potentially significant problem

The Bank of Russia regards residents' investments in cryptocurrencies as a potentially significant problem. This was stated by Elizaveta Danilova, head of the Financial Stability Department at the Bank of Russia in an interview with Reuters.

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ForkLog 18 06.10.2021

Russia’s central bank blacklists a pyramid scheme targeting Chia miners

On 5 October, the Bank of Russia identified signs of illegal activity in the financial market among 63 companies. Among them were several financial pyramid schemes promising profits from investments in cryptocurrencies.

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ForkLog 19 22.09.2021

Russia’s central bank blacklists several ‘cryptocurrency’ firms

The Bank of Russia identified signs of illicit activity on the financial market among 105 companies, including several cryptocurrency projects.

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ForkLog 7 20.09.2021

Bank of Russia says it is ‘categorically opposed’ to cryptocurrencies.

The Bank of Russia explained that the heightened attention to cryptocurrencies stems from their use in anonymous transactions between citizens.

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ForkLog 8 16.09.2021

Experts: Bank of Russia’s announced restrictions would hit Bitcoin exchanges and miners

In the event of the Bank of Russia's previously announced restrictions on cryptocurrency operations, the most affected would be users of P2P platforms and the OTC platforms themselves, ForkLog said, citing experts surveyed.

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ForkLog 12 16.09.2021

Bank of Russia opposes access by non-qualified investors to Bitcoin

The Bank of Russia is skeptical about treating cryptocurrency purchases as investments and will not facilitate greater access to them for non-qualified investors, said the first deputy chairman of the central bank, Sergei Shvetsov.

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ForkLog 15 15.09.2021

Experts assess the consequences of blocking bank transfers to Bitcoin exchanges in Russia

Blocking bank payments to cryptocurrency exchanges and exchangers will, on the one hand, complicate transfers for users of digital assets, and on the other hand, potentially trigger a rise in leading coins. This was stated to ForkLog by experts interviewed.

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ForkLog 13 15.09.2021

Bank of Russia proposes curbing bank payments to Bitcoin exchanges

The Bank of Russia, together with credit institutions, will create a mechanism to block payments to cryptocurrency exchanges.

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ForkLog 8 13.09.2021

Lawyers assess threat posed by Bank of Russia’s new recommendations for bitcoin exchanges

Bank of Russia recommendations on banks' monitoring of potentially suspicious operations, including those related to bitcoin exchanges, are not law, but reflect a trend of indirect suppression by the regulator of cryptocurrency turnover in Russia. This view was expressed by lawyers interviewed by ForkLog.

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ForkLog 14 13.09.2021

Russian government confirms plans to launch the digital ruble by 2030

The digital ruble, as a third form of money, will be launched in Russia by 2030. This is stated in the Strategy for the Development of the Financial Market, developed by the Ministry of Finance and the Bank of Russia.

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ForkLog 19 13.09.2021

Bank of Russia recommends blocking cards and accounts for transactions with bitcoin exchanges

The Bank of Russia has defined criteria that will enable banks to identify cards and electronic wallets used by the shadow economy. The regulator regards cryptocurrency exchanges, as well as illegal online casinos, financial pyramids and illegal forex dealers.

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