Russian Authorities Plan Crypto Ban to Safeguard Ruble: Reports
Russia to ban cryptocurrencies in September to protect ruble. CBDC pilot ongoing, potential adoption by 2025.

Russia to ban cryptocurrencies in September to protect ruble. CBDC pilot ongoing, potential adoption by 2025.
The EU has introduced additional bans, including (but not limited to) cryptocurrency services.
All crypto payments from Russians to European wallet providers will be forbidden.
Russians could be restricted from making any payments to EU crypto wallets following the imposition of limits in April.
The document bears several conceptual contradictions, trying to qualify security tokens as a monetary surrogate.
Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022.
The State Duma, Russia's lower house of parliament, has submitted legislation making it illegal to pay with cryptocurrency. The bill's ...
The legislation would oblige the DFA managers to withhold any deals, implicating the usage of crypto as a monetary surrogate
Telegram CEO Pavel Durov recently posted on his messaging platform that the proposed ban on cryptocurrencies would “destroy many sectors of the high-tech economy.”
Prohibiting crypto services was one of three financial measures the European Commission proposed in addition to an import ban on Russian coal.