Ruble
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Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
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Digital Ruble Bill Signed by President Vladimir Putin Allowing Russia's Central Bank to Introduce CBDC
Vladimir Putin has signed the Digital Ruble Bill into law that clears the path for the central bank to issue its digital ruble CBDC central bank digital currency. The country's president has officially named the Bank of Russia as the sole operator for the digital ruble .
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Russia Working on Law to Establish National Cryptocurrency Exchange
Cryptocurrencies without an issuer such as Bitcoin and Ether are not securities, Belgium’s Financial Services and Markets Authority said in a press note. The regulator said it was getting an increasing number of questions about the regulatory treatment of crypto and hoped to address the most frequently asked questions.
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Russian Central Bank to Speed Up Digital Ruble Trials Amid Pressure Due to Western Sanctions
Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the Ruble’s digital counterpart. The Russian central bank had initially planned to begin the Digital Ruble pilot with actual transactions and users in 2024, but it has now been agreed to do so in April 2023.
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Russia To Repay Foreign Debt In Rubles After US Ends Exemption
Russia that it will start paying its foreign debt in rubles after US exemption ended.
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Unlawful Crypto Mining Unearthed in Russia’s Oldest Prison, Warden Accused of Electricity Theft
Central Moscow-located Butyrka prison was being used as an illegal crypto mining centre. When mining equipment was identified inside the prison premises, an investigation was launched into the case. Over 8,400 kW of electricity is estimated to have been used between November 2021 and February this year, by people who were minting cryptocurrencies f...
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European Union Readies For End Of Russia Gas, Warns Won't Pay In Ruble
The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow's demand that imports be paid for in rubles.
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Russia-Controlled Ukraine Region To Start Using Ruble: Report Quoting Official
Ukraine's southern Kherson region will start using the Russian ruble from May 1, an official from a pro-Russian committee which styles itself as the region's "military-civil administration" told Russian news agency RIA.
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Four European Gas Buyers Made Ruble Payments To Russia: Report
Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC.
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Ghana’s Central Bank Says Its Digital Currency ‘eCedi’ is Aimed at Financial Inclusion
The central bank of Ghana has presented details of its planned ‘eCedi’ digital currency to the government. The main focus has been kept on making the usage of eCedi inclusive for those Ghanians who are neither connected to the national banking system nor have access to the Internet.
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Jamaica Offers Incentive to First 100,000 Jam-Dex Users to Push CBDC Adoption
Jam-Dex is the official CBDC of Jamaica, that is ready to roll out any day now. The government of Jamaica is offering an additional $16 to the first 100,000 adopters of Jam-Dex. Those with pre-existing bank accounts will also get a ready-made digital wallet for Jam-Dex virtual currency.
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Cryptocurrencies Register Profits as Bitcoin Overtakes Russian Ruble Amid Ukraine Crisis
Major gains in Bitcoin paved the road to recovery for majority cryptocurrencies including Ether, Dogecoin, Shiba Inu, Cardano, and Polkadot among others. Due to fluctuations in fiat currencies, stablecoins are struggling with losses. The Russia-Ukraine war has reached its fifth day and the Russian Ruble has fallen below the mark of $1 (roughly Rs. ...
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Russia Bans Residents From Transferring Money Abroad As Currency Crashes
Russian President Vladimir Putin on Monday banned residents from transferring money abroad as part of measures to prop up the ruble which has plummeted in value as a result of Western sanctions over Russia's invasion of Ukraine.
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Russian Ruble Crashes Amid Western Sanctions Over Ukraine Assault
The ruble collapsed against the dollar and the euro on the Moscow Stock Exchange on Monday as the West punished Moscow with harsh new sanctions over the Kremlin's invasion of Ukraine.
-
Bank of Russia Successfully Begins Trials of Its CBDC Named 'Digital Ruble'
The central bank of Russia has officially started pilot tests of its 'Digital Ruble', according to an announcement, as the bank confirmed that the first Central Bank Digital Currency (CBDC) transfers among Russian citizens had been successfully concluded.
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
Digital Ruble Bill Signed by President Vladimir Putin Allowing Russia's Central Bank to Introduce CBDC
Vladimir Putin has signed the Digital Ruble Bill into law that clears the path for the central bank to issue its digital ruble CBDC central bank digital currency. The country's president has officially named the Bank of Russia as the sole operator for the digital ruble .
-
Russia Working on Law to Establish National Cryptocurrency Exchange
Cryptocurrencies without an issuer such as Bitcoin and Ether are not securities, Belgium’s Financial Services and Markets Authority said in a press note. The regulator said it was getting an increasing number of questions about the regulatory treatment of crypto and hoped to address the most frequently asked questions.
-
Russian Central Bank to Speed Up Digital Ruble Trials Amid Pressure Due to Western Sanctions
Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the Ruble’s digital counterpart. The Russian central bank had initially planned to begin the Digital Ruble pilot with actual transactions and users in 2024, but it has now been agreed to do so in April 2023.
-
Russia To Repay Foreign Debt In Rubles After US Ends Exemption
Russia that it will start paying its foreign debt in rubles after US exemption ended.
-
Unlawful Crypto Mining Unearthed in Russia’s Oldest Prison, Warden Accused of Electricity Theft
Central Moscow-located Butyrka prison was being used as an illegal crypto mining centre. When mining equipment was identified inside the prison premises, an investigation was launched into the case. Over 8,400 kW of electricity is estimated to have been used between November 2021 and February this year, by people who were minting cryptocurrencies f...
-
European Union Readies For End Of Russia Gas, Warns Won't Pay In Ruble
The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow's demand that imports be paid for in rubles.
-
Russia-Controlled Ukraine Region To Start Using Ruble: Report Quoting Official
Ukraine's southern Kherson region will start using the Russian ruble from May 1, an official from a pro-Russian committee which styles itself as the region's "military-civil administration" told Russian news agency RIA.
-
Four European Gas Buyers Made Ruble Payments To Russia: Report
Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC.
-
Ghana’s Central Bank Says Its Digital Currency ‘eCedi’ is Aimed at Financial Inclusion
The central bank of Ghana has presented details of its planned ‘eCedi’ digital currency to the government. The main focus has been kept on making the usage of eCedi inclusive for those Ghanians who are neither connected to the national banking system nor have access to the Internet.
-
Jamaica Offers Incentive to First 100,000 Jam-Dex Users to Push CBDC Adoption
Jam-Dex is the official CBDC of Jamaica, that is ready to roll out any day now. The government of Jamaica is offering an additional $16 to the first 100,000 adopters of Jam-Dex. Those with pre-existing bank accounts will also get a ready-made digital wallet for Jam-Dex virtual currency.
-
Cryptocurrencies Register Profits as Bitcoin Overtakes Russian Ruble Amid Ukraine Crisis
Major gains in Bitcoin paved the road to recovery for majority cryptocurrencies including Ether, Dogecoin, Shiba Inu, Cardano, and Polkadot among others. Due to fluctuations in fiat currencies, stablecoins are struggling with losses. The Russia-Ukraine war has reached its fifth day and the Russian Ruble has fallen below the mark of $1 (roughly Rs. ...
-
Russia Bans Residents From Transferring Money Abroad As Currency Crashes
Russian President Vladimir Putin on Monday banned residents from transferring money abroad as part of measures to prop up the ruble which has plummeted in value as a result of Western sanctions over Russia's invasion of Ukraine.
-
Russian Ruble Crashes Amid Western Sanctions Over Ukraine Assault
The ruble collapsed against the dollar and the euro on the Moscow Stock Exchange on Monday as the West punished Moscow with harsh new sanctions over the Kremlin's invasion of Ukraine.
-
Bank of Russia Successfully Begins Trials of Its CBDC Named 'Digital Ruble'
The central bank of Russia has officially started pilot tests of its 'Digital Ruble', according to an announcement, as the bank confirmed that the first Central Bank Digital Currency (CBDC) transfers among Russian citizens had been successfully concluded.
