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Nalezeno "russian": 1664

Russian ‘Crypto Queen’ Reportedly Arrested in Moscow


Police in Russia have reportedly arrested an entrepreneur and “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” on fraud charges. Per Moskvich Magazine and the Telegram-based news networks Baza and Readovka, Valeria “Bitmama” Fedyakina was detained by police on September 15 after...

FBI Wanted Co-Founder of Crypto Exchange Wex Sentenced in Russia


Aleksey Bilyuchenko, co-founder of Wex, the successor of the infamous Russian crypto exchange BTC-e, will spend only a couple of years in prison. The Russian, who is charged in the U.S. with money laundering, has been sentenced in his homeland as the only defendant in a case over the collapse...

Russian Central Bank: Digital Ruble ‘Doesn’t Use Biometric Data’


The Russian Central Bank says that its CBDC, the digital ruble, “has nothing to do with” state efforts to collect biometric data. The bank began piloting its CBDC just over a month ago in 11 cities nationwide. Russian MPs last year voted in a law that allows banks and state agencies to collect...

Russian Banks Say Digital Ruble Will Drive up Loan Rates – New CBDC Dangers?


A major Russian banking association has warned that the digital ruble will drive up loan rates as banks struggle to cope with the soon-to-be-issued CBDC. The Central Bank last month launched an 11-city “real-world” CBDC pilot in conjunction with 13 commercial banks. But banking organizations have...

Russian Lawmaker Backs CBDC To Displace Private Banking Sector


Russia’s Central Bank Digital Currency (CBDC) the digital ruble continues to garner steam with positive pronouncements on use cases made by financial regulators in the country. The head of the State Duma financial committee Anatoly Aksakov has said that as the digital ruble's adoption grows...

Russian Beauty Salon Becomes First to Process a CBDC Payment


A Russian beauty salon in Yekaterinburg has become one of the first businesses in the nation to accept a digital ruble payment – breaking new ground for the nation’s CBDC. Per an official release from DeloBank, part of the Sinara financial and industrial group, one of the bank’s customers paid...

Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says


The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted. Russia...

Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks


Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such cards from its peer-to-peer (P2P) platform. Bybit...

Binance Mulls Leaving Russia, Limits Options for Russian Users


Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer (P2P) platform and restricted fiat payment options...

Russian Banks to Quiz Central Bank on Digital Ruble Pilot Next Month


Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month. The Central Bank is facing a backlash from some sections of the banking industry after beginning “real-world” transactions with its CBDC earlier this month. The megabanks Sberbank...

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