Russia Decides to Outlaw Crypto as a Means of Payment
Russia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not be allowed as means of payments on the...
Russia: De Facto Crypto Ban Will Be Hard to Achieve, Official Says
Russia may prohibit crypto payments for goods and services, but achieving such a ban might be quite difficult. This is the conclusion of Anatoly Aksakov, Chairman of the State Duma...
Russia’s Central Bank Is ‘Against Legalization’ Of Cryptocurrency
The head of the central bank of Russia says she does not want to legalize Bitcoin and other cryptocurrency as a payment method – because of risk and volatility. Bitcoin Has...
Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency
Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest...
Russia Central Bank Head: Cryptocurrency Craze Is ‘Fortunately Fading Away’
The head of Russia’s central bank has announced the “cryptocurrency craze” is “starting to fade away” – and that this is a “fortunate” event. Nabiullina: Businesses...
Russia Central Bank: Crypto Risk To Global Finance ‘Small’
The central bank of Russia has repeated its stance on cryptocurrency in its latest statistical bulletin, claiming its impact on global stability is “small.” No Threat To Financial...
Russia May Use Ethereum Blockchain for Its ‘SWIFT’ Payments
The central bank of Russia is preparing to transfer payments on SPFS, its domestic version of SWIFT, to the blockchain in 2019. Ethereum Or New Blockchain To Power Blockchain SWIFT As...
Hullcoin Leads This Week’s Digital Currency News
Want to see which cryptocurrency stories are leading the news? This week, Hullcoin takes the spotlight. Have a look at the rest of the week’s hot news below. Also read...
Russia’s Mir Card Takes Competition To Visa, MasterCard and Bitcoin
The central bank of Russia has proven to be quite an interesting creature over the years. Despite not being in favor of new technologies or alternative payment methods, they have now...