Russian Central Bank
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Russian Central Bank Considers Collaboration of Digital Currencies with Other Countries
On April 23rd, the Russian Central Bank announced that the system supporting the issuance and circulation of the Russian Central Bank\’s digital currency (CBDC) may cooperate well w
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Introduction:
According to reports, Elvira Naiulina, the head of Russian regulatory agency, stated on Monday that the Russian Central Bank is working on a bill that will introduce an \”experiment
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Russia Takes First Step in Establishing CBDC and Regulating Digital Currencies
According to reports from local media, the Russian State Duma approved the first reading of the draft law establishing the issuance and regulatory system of the Central Bank of Russia’s digital currency (CBDC) this week. In addition, Russia also approved the first reading of the bill amending the Russian Civil Code and defining the digital ruble as a “non cash currency”, as well as formulating rules on wallet agreements and inheritance of digital currencies, These two bills mainly fill the regulatory gap brought about by currency digitization. Currently, both bills will be reviewed and a second reading will be finalized based on feedback from lawmakers. The second reading will take place in the coming months. The draft law on the establishment of CBDC regulation and issuance in Russia has been approved by legislators on first reading Analysis based on this information:The Russian State Duma approved the first reading of two bills relating to the establishment of a Central Bank of…
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Russian Central Bank supports Bitcoin mining legalization
It is reported that Bitcoin Magazine said on social media that the Russian Central Bank is cooperating with the Congress to legalize Bitcoin mining in the coun…
