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Russia greenlights mutual funds to offer crypto investments

Russia greenlights mutual funds to offer crypto investments

The Central Bank of Russia intends to allow the establishment of mutual funds that will offer Russian investors another avenue to crypto assets. A ...
Russia to impose fines for crypto payments next year

Russia to impose fines for crypto payments next year

Starting from next year, authorities in Russia are going to impose fines for cryptocurrency payments that have been banned since 2021. According to...
Russia considers allowing cryptocurrency payments on two islands

Russia considers allowing cryptocurrency payments on two islands

Russia should allow companies registered on two islands at both ends of the vast country to conduct settlements in cryptocurrencies, a Russian sena...
One in two Russians won’t touch digital ruble, another 40% don't see any point

One in two Russians won’t touch digital ruble, another 40% don't see any point

Around half of Russian citizens have no interest in trying the digital ruble, according to a survey which also found that some 40% see no advantage...
Russian banks reportedly seeking government intervention over bad loans, Bloomberg

Russian banks reportedly seeking government intervention over bad loans, Bloomberg

Top executives at some of Russia’s largest banks have privately discussed seeking a government-funded bailout if non-performing loans persist. Acco...