Russian Ministry of Finance

ForkLog 24 23.04.2025

Russia to Establish Exchange for Highly Qualified Investors

The Ministry of Finance and the Bank of Russia will launch a cryptocurrency exchange aimed at highly qualified investors, according to TASS, citing Finance Minister Anton Siluanov. The official emphasized that the new project will help legalize digital assets and bring their operations out of the shadows. Siluanov noted that this concerns activities within the […]

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ForkLog 14 28.01.2025

Russia Tests Digital Ruble in Budget Operations

The Bank of Russia, the Ministry of Finance, and the Treasury conducted tests of specific operations with the digital ruble within the budgetary process at the end of 2024, as reported by RBC. Details remain undisclosed, but the Ministry of Finance indicated that the parties are exploring this application of CBDC. However, the ministry emphasized […]

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ForkLog 5 21.11.2024

Russian Finance Minister Yet to Embrace Cryptocurrency Wallet

Anton Siluanov, Russia’s Finance Minister, has expressed interest in acquiring cryptocurrencies but has yet to take any steps in that direction. The official made this statement in an interview with the television channel Russia-24. “I’m interested, but I don’t have a crypto wallet,” he said. Previously, Siluanov highlighted volatility as the main risk of using […]

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ForkLog 10 15.11.2024

Russian Finance Ministry Acknowledges Cryptocurrencies as Payment Means

Cryptocurrencies, while too volatile to serve as a reliable store of value, are effective tools for transactions, according to Russian Finance Minister Anton Siluanov in an interview with the Russia 24 television channel. He advised citizens against investing their savings in digital currencies, yet praised their potential use in foreign trade amidst sanctions. “Cryptocurrencies are […]

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ForkLog 10 14.08.2024

Russian Finance Ministry and Central Bank at Odds Over Bitcoin Exchanges

The Russian Finance Ministry and the Central Bank are in discussions about establishing cryptocurrency exchanges in the country, yet consensus remains elusive. This was disclosed by Russian Finance Minister Anton Siluanov, as reported by TASS. “This topic is under discussion, as both the Central Bank and the government, represented by the Finance Ministry, are actively […]

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ForkLog 8 11.07.2024

Russia Considers Cryptocurrency Trading for Qualified Investors

Organizations listed in the register of exchanges and trading systems may be granted the right to conduct digital currency trading for “particularly qualified” investors, according to a source in the Ministry of Finance, as reported by Interfax. The agency’s source indicated that the proposal is included in a draft review prepared by the ministry on […]

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ForkLog 10 18.03.2024

Russia to Develop Platform for Seized Cryptocurrencies

Russia’s Interior Minister Vladimir Kolokoltsev has instructed the Ministry of Finance to establish a state digital platform for storing seized cryptocurrencies, as reported by Izvestia. The Ministry of Internal Affairs’ press service noted that the Ministry of Finance initiated this proposal during last year’s government commission meeting on enhancing the effectiveness of combating internet-related offenses. […]

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ForkLog 5 09.12.2023

Russian Finance Ministry: Digital ruble to be available to all in 2024

In 2024, all Russians will be able to open a wallet to pay with digital rubles. This was stated by Russian Finance Minister Anton Siluanov.

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ForkLog 8 06.10.2023

Russian Finance Ministry compares cryptocurrencies to the MMM pyramid

While many have made money from crypto, all digital assets have the characteristics of a financial pyramid, according to Deputy Finance Minister Alexey Moiseev.

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ForkLog 8 04.07.2023

Media: Russia proposes ban on cryptocurrency circulation

The Russian Finance Ministry proposes banning the organization of cryptocurrency circulation, with the exception of stablecoins and miners' sale of coins.

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ForkLog 8 09.03.2023

Baza: Russia imposes prison terms on miners for failing to declare income

The Russian Ministry of Finance has introduced into the bill regulating cryptocurrency mining a provision on criminal liability for failing to declare digital assets.

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ForkLog 6 01.11.2022

Digital ruble mentioned in documentary on Russia’s financial history

The head of the Russian Ministry of Finance, Anton Siluanov, called the central bank digital currency (CBDC) interesting in terms of its use for government spending.

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#Russian Ministry of Finance