Archive | central bank

Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble

Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]

Russia’s Third-Largest Clearinghouse Warned Due to ICO Involvement

Most cryptocurrency enthusiasts are well aware that the Bitcoin situation in Russia is very complicated at best. That is anything but surprising, given the wide spectrum of actions and opinions on cryptocurrency in the country right now. In the latest effort, Russia’s central bank effectively prevented one of the country’s main clearinghouses from settling OTC contracts based on cryptocurrencies. […]