Tag: Russia

[ad_1] Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country.  As local media reported on Nov. 23, members...

[ad_1] VTB Factoring, a subsidiary of Russia’s state-owned bank VTB, announced on Wednesday that it conducted the first cash-backed major transaction with crypto assets. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and...

[ad_1] The conflict between Russia and Ukraine took center stage last month. The issue not only changed the global political landscape but also the economies of both countries. The financial infrastructure in Russia and Ukraine shattered in the past few weeks, but, for different reasons. Q4 2021 volumes have...

[ad_1] With the growing uncertainty regarding the future of Russia’s financial ecosystem, investors have started moving towards Bitcoin and other digital currencies. On Thursday, Ruble-denominated Bitcoin volumes reached the level of 1.5 billion, the highest figure in nearly 10 months. Russian investors are among the biggest crypto holders in...