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Bank Of Russia
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CryptoCurrency
Russia to Charge Commissions on Digital Ruble Transactions from 2025
Individuals have to pay as much as 0.3 percent of the transaction value.
The Russian President granted the law around the digital ruble last month.
Friday, 04/08/2023 | 09:23 GMT
by
Arnab Shome
CryptoCurrency
Russia Indefinitely Delays Digital Ruble Pilot
The digital ruble pilot was scheduled to start on April 1.
13 Russian banks confirmed technical readiness to participate in the program.
Wednesday, 29/03/2023 | 10:52 GMT
by
Arnab Shome
Institutional FX
Moscow Exchange’s Forex Market Relapses to RUB 17.3 Trillion in July
In June, MOEX's FX volume recovered, reaching RUB 17.8 trillion.
Nonetheless, spot forex trades climbed 10.4% to RUB 8.2 trillion.
Tuesday, 02/08/2022 | 22:45 GMT
by
Solomon Oladipupo
Institutional FX
Russian Central Bank Changes Process of USD-RUB Rate Calculation
It has expanded the time range of calculation for the consideration of more transactions.
Also, it will set the exchange rate of the euro similar to other foreign exchanges.
Monday, 14/03/2022 | 08:02 GMT
by
Arnab Shome
Institutional FX
Russia's Central Bank Halts Ruble Plunge as Markets Experience Freefall
Russia's Central Bank halted the Ruble plunge amid a wider market crisis.
The regulator moved to reduce the volatility of financial markets.
Wednesday, 26/01/2022 | 12:56 GMT
by
Nicholas Otieno
CryptoCurrency
Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto
The central bank of Russia calls for a complete ban on crypto.
The regulator says that crypto activities are a threat to financial stability.
Thursday, 20/01/2022 | 18:26 GMT
by
Nicholas Otieno
News
Report Says Russians Transact over $5 Billion per Year with Cryptos
Russians are highly active on a global basis in the cryptocurrency market.
Thursday, 25/11/2021 | 20:35 GMT
by
Felipe Erazo
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Retail FX
Russian Central Bank Grants FX Dealer License to BCS-Forex
Now, four regulated FX dealers are operating in the country.
Thursday, 18/11/2021 | 13:14 GMT
by
Arnab Shome
News
Russia to Launch Digital Ruble Prototype in Early 2022
The central bank will launch a pilot program to test the CBDC prototype.
Tuesday, 09/11/2021 | 13:38 GMT
by
Arnab Shome
Regulation
FX Global Code of Conduct Recognised by Central Bank of Russia
The country’s mega regulator joins a number of key adopters who have pledged to adhere to the code’s principles.
Friday, 15/01/2021 | 15:11 GMT
by
Aziz Abdel-Qader
Regulation
Russia Allows Remote Verification of FX Clients
The law came into effect on January 11.
Friday, 15/01/2021 | 10:47 GMT
by
Arnab Shome
Regulation
Central Bank of Russia Cancels Banking License of Morgan Stanley
The cancellation is part of Morgan Stanley’s efforts to scale down its business in Russia.
Wednesday, 27/05/2020 | 11:29 GMT
by
Celeste Skinner
News
Bank of Russia Green Lights Norilsk Nickel's Tokenization Platform
It was among the biggest projects under the central bank’s sandbox program.
Monday, 17/02/2020 | 13:27 GMT
by
Arnab Shome
Analysis
The Bearish Bear: "There is No Russian Forex Market"
After the central bank revoked the licenses of top brokers in Russia, the local FX market is largely non-existent.
Monday, 17/06/2019 | 08:52 GMT
by
Celeste Skinner
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Regulation
Russia’s Central Bank Pushes for Gold-backed Cryptocurrency
The future of cryptocurrency in Russia remains uncertain, with officials raising questions about legalizing it.
Thursday, 23/05/2019 | 16:59 GMT
by
Aziz Abdel-Qader
Brokers
Russian Self-Regulator Reports Illegal Moscow City Brokers
Global FX and FX Open Markets Limited have been identified by the industry body as illicit
Wednesday, 27/03/2019 | 10:26 GMT
by
Victor Golovtchenko
News
Oil-Backed Cryptocurrency Could Hit Russian Markets Soon
The new cryptocurrency would coincide with new cryptocurrency regulations from the Russian government.
Monday, 25/02/2019 | 07:48 GMT
by
Rachel McIntosh
Brokers
Russian Brokers Wrap Up Operations in Wake of Regulatory Change
The local regulator ordered five of the country's largest brokers to cease operations at the end of last year
Tuesday, 29/01/2019 | 11:32 GMT
by
David Kimberley
Regulation
InstaForex Parent Sues Russian Regulator for Revoking FX License
The company was among five foreign exchange dealers operating in the country that saw their licenses revoked last month.
Monday, 28/01/2019 | 16:17 GMT
by
Aziz Abdel-Qader
Brokers
Alpari to Cease Operations with Russian-Regulated Entity
The move comes after the Central Bank of Russia announced it would be revoking the broker's license
Thursday, 10/01/2019 | 09:38 GMT
by
David Kimberley
Analysis
ParagonEX Enters Asia, DX.Exchange Goes Live: Best of the Week
Catch up on the top stories from the past week.
Sunday, 06/01/2019 | 13:08 GMT
by
Finance Magnates Staff
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Brokers
Russian Market Closure Shocking, But Hardly a Surprise
The oligopoly of the Russian forex brokerage industry has been a long time coming.
Friday, 04/01/2019 | 13:06 GMT
by
Victor Golovtchenko
Regulation
TeleTrade Suspends Russian Trading Operations Amid Crackdown
The central bank had given a months notice to the five FX dealers to cease all operations.
Monday, 31/12/2018 | 14:32 GMT
by
Arnab Shome
News
Binance Lists XRP, GMO Abandons Crypto Mining: Best of the Week
Catch up on the top stories from the past week.
Sunday, 30/12/2018 | 08:39 GMT
by
Celeste Skinner
Brokers
Putin Spokesperson Supports Bank of Russia's Forex Actions
A total of 2000 clients held just over $500,000 in deposits at the five brokers which got suspended.
Friday, 28/12/2018 | 17:52 GMT
by
Victor Golovtchenko
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