Russian crypto market worth $500B despite bad regulation, says exec
Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life's founder said.
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Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life's founder said.
“No one is looking to allow Russian people to earn money with crypto operations,” the official claimed.
The recent law "On Digital Financial Assets" has not gone far enough in the eyes of Russian crypto industry advocates.
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President…
Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the…
The U.S. Treasury asked cryptocurrency companies to ensure compliance with sanctions last week.
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high.
The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account.
The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases.