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Cryptocurrency may be banned in Russia

The day before, it became known about the intentions of the Central Bank to introduce a ban on investing in cryptocurrency. The situation occurred due to the regulator's concerns about financial stability due to the growth of cryptocurrency transactions. Last year, Russia granted cryptocurrency a legal status, but left a ban on payments in it. At the moment,...

Fraudsters’ attacks: the number of financial pyramids in Russia has increased 4 times

... activities in their names. Many posted ‘fake’ licenses of the Central Bank of the Russian Federation on their websites. About 60 companies actually issued loans, disguising their activities as a leaseback. A significant number of fraudsters identified by the Central Bank of the Russian Federation either uses cryptocurrency assets directly in their activities, or, without actually having them, mentions this in their advertising. Inexperienced citizens, begin to believe organizations that offer to ‘mine crypto’ through mobile devices, due to a lack of financial ...

Laws on digital ruble will be developed in Russia

... assumed that as a result of its completion, several federal laws for the legal regulation of legal relations that have arisen will undergo changes. Several departments announced their intention s to participate in the legislative work. Among them are the Central Bank, the Ministry of Economic Development, as well as the State Duma Committee on the Financial Market, reports Izvestia . The changes will affect the areas of the digital ruble turnover - from the ability to pay them to the right to exchange ...

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