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Russian Banks Told to Track Crypto-Related Transactions Amid Currency Restrictions

Bank of Russia has recommended commercial banks pay heightened attention to their clients’ transactions related to cryptocurrencies. The regulator requires the financial institutions to monitor such activity against the backdrop…

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Russia’s Largest Lender Sberbank Secures License to Issue, Exchange Digital Assets

Russia’s central bank granted the country’s largest lender Sberbank a license to issue and exchange digital assets. The latest move opens new avenues for the nation’s economy hammered by western…

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