Russia

Russian State-Owned Holding Giant Proposes to Apply DLT in All Gov’t Data Systems

Russian state-owned holding conglomerate Rostec has proposed a $1.3 billion-worth plan to apply blockchain in all the state data systems

Russian Central Bank to Consider Gold-Backed Cryptocurrency

The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.

Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements

Russia’s central bank will consider an opportunity to issue a gold-backed cryptocurrency to close mutual settlements with other countries

Central Bank of Russia Expects Crypto Draft Bill to Be Adopted in Spring 2019

Russia’s central bank believes that the draft bill on crypto regulation is prepared enough to be adopted in spring 2019, in accordance with the order of president Vladimir Putin

Terror Groups Are Increasingly Using Cryptocurrencies, Senior Russian Official Warns

The director of Russia’s federal security service has warned that terror groups are increasingly being financed through cryptocurrencies

Russia Delays Adoption of Crypto Regulation Due to FATF Order to Legislate Bitcoin

Russia is delaying the adoption of its crypto regulation due to a FATF requirement to legislate terms such as “bitcoin” and “crypto”

Senior Official in Russian Parliament Says That Cryptos Can Ruin Governments

A senior official in Russia's parliament has argued that cryptocurrencies have the potential to ruin governments

Russian Sberbank Demands Client Provide Data on Cryptocurrency Revenue

Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms

Venezuela and Russia Discuss Mutual Trades in Petro and Russian Ruble: Report

Venezuela and Russia discuss opportunities to make mutual trade settlements in the Russian ruble, find uses for the oil-backed Petro cryptocurrency

Russian Prime Minister: As Cryptocurrencies Lose Popularity, Regulation Isn’t a Priority

Russia’s prime minister has argued that crypto regulation is not a priority for the Russian government, since crypto lost its popularity

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