Bank of Russia | ForkLog

ForkLog 8 07.02.2022

Banks to tighten oversight of Russians’ transfers under crypto-regulation roadmap

As part of the government's roadmap for regulating the cryptocurrency industry, Russian banks will tighten oversight of clients' money transfers by the end of November.

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ForkLog 5 03.02.2022

Issuer of Nornickel tokens has received a Bank of Russia license

The Russian blockchain platform Atomyze has received from the Bank of Russia the status of operator of an information system for managing digital financial assets.

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ForkLog 6 03.02.2022

Russian government to draft cryptocurrency-regulation scenarios by February 11.

By February 11, the Russian government will develop draft scenarios for regulating cryptocurrency markets, with assessments of their likely consequences.

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ForkLog 15 01.02.2022

Bank of Russia and Finance Ministry set out positions at crypto-regulation meeting

At the end of last week a meeting dedicated to cryptocurrency regulation was held with representatives from the central bank, various ministries and agencies.

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ForkLog 14 28.01.2022

Bank of Russia says declaring cryptocurrency holdings would be mandatory even if a ban is imposed

If the Bank of Russia's proposals for a complete ban on cryptocurrency operations in the country are approved, citizens will still have to declare their investments in this asset class for sale.

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ForkLog 15 28.01.2022

Bank of Russia flags risks from legalising crypto mining

Crypto mining poses significant risks to the Russian economy and its citizens, and the regulator says it should be banned nationwide.

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ForkLog 13 27.01.2022

Russian finance ministry accused of drafting bitcoin-market regulation to favour a single player

The concept of regulating the crypto market by the Russian Ministry of Finance is a positive sign for bitcoin holders, but the proposed measures conflict with the nature of digital assets and are probably tailored for a specific player, ForkLog experts said.

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ForkLog 11 27.01.2022

Bank of Russia flags concerns over Finance Ministry’s cryptocurrency-regulation concept

The Bank of Russia has reviewed the Finance Ministry's proposed concept for regulating cryptocurrencies and raised concerns about several provisions.

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ForkLog 9 26.01.2022

Bank of Russia labels Bitcoin purchases as capital outflows from the economy

Russians investing in digital currencies are depriving the economy of funding, the Bank of Russia said.

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ForkLog 8 25.01.2022

Duma deputy says FSB pressure on the Bank of Russia is a fabrication, outlines concept for regulating the crypto market

The deputy chair of the State Duma's security committee said that reports of FSB pressure on the Bank of Russia regarding a crypto ban are not true.

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ForkLog 8 25.01.2022

The Bank of Russia discussed tokenisation of cashless payments with banks

The Russian central bank held a working meeting at the end of last year on implementing tokenised cashless payments.

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ForkLog 6 24.01.2022

Former deputy head of Russia’s central bank notes positive effects of Bitcoin ban

The Bank of Russia's stringent measures against cryptocurrencies will prevent losses to the economy, not trigger a capital outflow, says former deputy chairman of the central bank Mikhail Sukhov.

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