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Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain…

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Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The…

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Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments

The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency…

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Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals

Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market,…

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Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints

The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina…

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Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade

Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on…

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Illegal Crypto Miners Threatened With Jail Time in Russia

Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on…

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