Tag: Russia

Binance exits Russia fully selling its firm to CommEX

Cryptocurrency exchange Binance has finalized its departure from the Russian market, selling its business to CommEX, citing incompatibility with compliance strategy Binance's withdrawal...

Putin issues legal tender to the digital ruble, prepares for CBDC launch in August

President Vladamir Putin has signed into law a bill that will grant legal tender to the digital ruble. The central bank will begin...

Russia’s aim to offset the dollar’s global dominance impacts the world of crypto

The dollar still maintains its dominance with a margin, with 60 per cent of foreign exchange reserves supported by central banks held in...

Russia takes a step to legalizing crypto

Ivan Chebeskov, head of the finance ministry's financial policy department,  stated that using digital currencies in transactions for international settlements is a means...