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.
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Russia adopts law imposing digital ruble and universal QR code
16/07/2025 19:19
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Russia Considers ‘Crypto Ban’ by September to Protect Ruble Currency
Russia plans a potential ban on cryptocurrencies, aiming to protect its national currency, the ruble, while accommodating certain exemptions for entities like miners. The proposed legislation reflects a compromise between differing government opinions, prioritising regulatory control over broader crypto adoption.
AnaisRussian Economist Predicts Bitcoin Decline Post Digital Ruble Launch
Despite projections of Bitcoin's decline following the digital ruble's launch, uncertainties persist, with the Russian Central Bank emphasizing ongoing pilot testing and a launch not expected before 2025.
SanyaRUB No More: Binance Announces Shutdown of Russian Ruble Services
Discover the strategic implications of Binance's recent decision to discontinue Russian Ruble (RUB) services. Understand the impact on users, the reasons behind this significant move, and the subsequent shifts in the global crypto market landscape.
WeiliangRussian Digital Ruble: A Transformative Monetary Reform
Finance Minister Anton Siluanov outlined plans to use the digital ruble for "social payments" and "subsidies."
AlexBinance to Cease Russian Ruble Deposits Effective 15 November
Binance Russia users will have only until 31 January 2024 to withdraw their rubles from the exchange.
CatherineSurvey: Russian Public Largely Unenthused About Digital Ruble
Currently in real-world testing, the digital ruble is being piloted with a select group of consumers and involves the participation of 15 Russian commercial banks and a small number of small- and medium-sized retailers.
CaptainXRussia delays digital ruble pilot awaiting legislation
The Bank of Russia’s digital ruble pilot was originally scheduled to start on April 1.
LedgerinsightsBitcoin Gives Way To Ruble: Putin Signs Law Banning Crypto Payments In Russia
Bitcoin and other types of crypto has just been outlawed in Russia by no less than the commander in chief ...
BitcoinistUSDT hits record high against Russian ruble as inflation hits
In an immediate response to rising fiat inflation, Russia's central bank doubled its key interest rate on Monday to 20 percent from 9.5 percent.
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