CRYPTO NEWS IN RUSSIA

The CEO of Russian online bank Tinkoff said qualified investors want to invest in crypto but his company isn’t able to offer those services due to tough central bank policy

Russia gave cryptocurrencies like bitcoin legal status in 2020 but banned digital assets from being used in payments

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[{"selector":"#anim-12cfc01a-9d98-48b0-9212-ae371dac92e4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.74910490725541%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Elvira Nabiullina, the Russian central bank governor, recently said central bank digital currencies are the “future for our financial system” Arrow

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In Russia, residents own over 12 million cryptocurrency accounts and about 2 trillion rubles ($26.7 billion) worth of crypto, according to the government’s document

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[{"selector":"#anim-e0f9ec71-4787-47fd-88ce-423f2e4b56ad [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Russia’s central bank proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing and its monetary policy sovereignty Arrow

[{"selector":"#anim-477ce5d3-e711-46c7-9e15-53ae32b28bb0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.285244247341844%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Russia plans to legalize cryptocurrency for international trade as a way to circumvent U.S. sanctions and boost its economy Arrow

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