Russia

Russia Opens to Cryptocurrency: Central Bank Unveils Trading Sandbox Proposal

Russia Opens to Cryptocurrency: Central Bank Unveils Trading Sandbox Proposal

Leave a Comment / Central Bank, Crypto News, Cryptocurrency, Russia /

The Bank of Russia introduced a proposal to allow highly qualified investors to purchase and sell crypto under an experimental framework lasting three years. Nonetheless, peer-to-peer transactions and payments would still be banned under this sandbox. Central Bank of Russia Opens up to Crypto With Sandbox Regime Russia is on the verge of opening to […]

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Russia dismisses crypto for national reserves, citing volatility concerns

Russia dismisses crypto for national reserves, citing volatility concerns

Leave a Comment / Bitcoin, crypto, Russia /

Russia’s Deputy Finance Minister Vladimir Kolychev has dismissed speculation about including cryptocurrencies in the country’s National Wealth Fund (NWF). Earlier in the week, local media outlet Interfax reported that Kolychev clarified that the Ministry of Finance has no plans to alter the NWF’s investment structure to accommodate crypto due to their high volatility. Kolychev explained

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