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Russian Ministry Officials ‘Took BTC, ETH Bribes from Crypto Exchange Exec’

Russian Ministry Officials ‘Took BTC, ETH Bribes from Crypto Exchange Exec’

Last updated: April 18, 2024 19:30 EDT | 3 min read Russian Ministry of Internal Affairs officials took a $53.2 million Bitcoin and ETH bribe from a crypto exchange executive, a major newspaper in the country claimed this week. Per Kommersant, the officials were named Georgy Satyukov and Dmitry Sokolov, employees at “one of the […]

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Russian Banking Association Launches ‘Digital Assets Council’

Russian Banking Association Launches ‘Digital Assets Council’

Last updated: January 30, 2024 23:57 EST | 2 min read Russia’s biggest securities and banking association has launched a “council” for the self-regulation of “digital assets.” Per RBC and an official National Association of Stock Market Participants (NAUFOR) announcement, the NAUFOR’s Board of Directors created the council on January 30. NAUFOR is a self-regulatory

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Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans

Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans

Source: Alex Zarubi/Unsplash Russian lawmakers want the country’s Central Bank to ditch its current retail model digital ruble in favor of a wholesale alternative. Per Interfax, three State Duma committees submitted a joint response to the Central Bank’s monetary policy report for 2024-2026. The committees said they want the Central Bank to “return to considering” 

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More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances?

More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances?

More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances? Source: Vladimir/Adobe More Russian banks will join the digital ruble pilot, with Center-invest Bank, which mainly operates in the nation’s south, set to trial the CBDC next year. Per Rostov Gazeta, Center-invest Bank has “signed a digital ruble [partnership] agreement with the [CBDC’s]

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