You Searched For "russia central bank ban cryptocurrencies" and got 20 results
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1 min read
Ukraine's central bank is banning bitcoin purchases made with the hyrvnia to prevent capital from fleeing the war-ravaged country
The National Bank of Ukraine is also capping bitcoin purchases made with foreign currencies at $3,3…
Brian Evans
1 min read
India's central bank is urging lenders to cut ties with cryptocurrency exchanges and traders, report says
"No one wants to go against the regulator," a source told Reuters about India's central bank asking…
Carla Mozée
2 mins read
India's central bank confirms cryptocurrencies aren't banned - and says its 2018 order barring banks from crypto transactions is no longer valid
"The circular is no longer valid from the date of the Supreme Court judgement, and therefore cannot…
Shalini Nagarajan
2 mins read
Russia's biggest bank Sberbank gets permission to exchange crypto, as sanctions hobble transfers of dollars
A day after the license was given, Sberbank said sanctions had restricted foreign currency transfer…
Hamza Fareed Malik
1 min read
Crypto will ignite the next financial crisis if it's not banned — just look at the FTX fiasco, India's central bank boss says
"Mark my words, the next financial crisis will come from private cryptocurrencies," top G20 central…
George Glover
2 mins read
Biden warns Xi Jinping about China's ongoing support for Russia amid Ukraine war
Biden and Xi Jinping spoke in a Tuesday phone call as the US and China attempt to manage rising ten…
Erin Snodgrass
1 min read
Russia says it will no longer disclose the names of organizations that use its alternative to the SWIFT payment system
Some Russian banks have been banned from the SWIFT banking system due to sanctions over the Ukraine…
Huileng Tan
3 mins read
There's no evidence Putin is using cryptocurrencies to dodge sanctions and Russia's too big for that anyway, crypto experts tell lawmakers
"You can't flip a switch overnight, and run a G-20 economy on cryptocurrency," Michael Mosier, a de…
Shalini Nagarajan
3 mins read
The US is almost out of options to make Russia pay for Navalny's death
President Joe Biden said in 2021 that Russia would suffer "devastating" consequences if Navalny die…
Tom Porter
1 min read
Russian central bank chief denies Moscow is at risk of default and touts digital ruble for international payments
"Russia has all necessary financial resources. There is no threat of default," Bank of Russia Gover…
Brian Evans
2 mins read
Russia's economy will shrink a huge 10% this year, Goldman Sachs says — its worst contraction since the dark days of the 1990s
New Western sanctions on Russian trade will cause the country's exports to drop 10% and imports to …
Harry Robertson
2 mins read
Russia's economy can't avoid a crisis forever and it's becoming more vulnerable to shocks, think tank researcher says
A researcher at the think tank CEPA wrote that the war is sapping Russia's economy, leaving economi…
Jennifer Sor
2 mins read
Here's why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading
"There are bigger concerns right now in crypto," Chris Vecchio of DailyFX, said, citing a hawkish F…
Isabelle Lee
5 mins read
Putin's war fired up Russia's economy and beat sanctions — but big problems lie ahead
Vladimir Putin overcame sanctions by selling oil to India and China and spending heavily on its mil…
Theron Mohamed
3 mins read
Russia's biggest bank has been cut out of the global financial markets and now it's launched a cryptocurrency
Sberbank launched a digital currency just weeks after the invasion of Ukraine, as sanctions cut Rus…
Adam Morgan McCarthy
2 mins read
India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned
Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …
Hamza Fareed Malik
2 mins read
Bitcoin tumbles 5% from record highs amid Turkey's crypto-payments ban starting April 30
Cryptocurrencies have picked up steam in Turkey as investors sought various hedges against the unst…
Isabelle Lee
1 min read
Russian individuals and companies are using crypto to evade sanctions, the European Central Bank says
The volume of rubles being exchanged for crypto has hit its highest point since May 2021, ECB Presi…
Phil Rosen
2 mins read
Russia's central bank has closed the country's stock market and instructed brokers to block foreign sales as losses mount
In an attempt to prevent a total collapse of the Russian ruble, the central bank also more than dou…
Matthew Fox
2 mins read
Russia and Iran are working on a gold-backed cryptocurrency to take on the dominant dollar, report says
The new stablecoin would replace the dominant US dollar and other government-issued currencies in i…