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Russia
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Brokers
Russian FX Dealer VTB Capital Forex Suspends Trading, Cites Sanctions
2022-02-25T15:06:48.088+02:00
VTB Group earlier asked corporate clients to stop USD and EUR transactions.
The FX dealer will close all positions at the end of Friday.
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Retail FX
Russia’s VTB Bank Asks Customers to Avoid Conducting Forex Transactions
2022-02-25T08:53:42.267+02:00
VTB tries to safeguard its customers from increased transaction costs.
The Ukraine crisis has caused several challenges in the Russian financial market.
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Institutional FX
UK Sanctions 5 Russian Banks and Three High-Net Worth Individuals
2022-02-22T15:40:37.418+02:00
The sanctions come in response to Russia sending troops to Donetsk.
The US is expected to announce its sanctions within hours.
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Regulation
Russian Central Bank Flags 812 Illegal FX Brokers in 2021
2022-02-16T15:21:34.093+02:00
These platforms targeted Russian investors for online trading.
The number of Illegal financial platforms skyrocketed last year.
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CryptoCurrency
Russia to Treat Bitcoin as a Foreign Currency in Its Regulatory Plans
2022-02-09T11:08:53.223+02:00
Russia may adopt Bitcoin as a foreign currency instead of a digital asset.
Draft law to be presented by 18 February 2022, more details inside.
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CryptoCurrency
Russian Billionaire Vladimir Potanin Says Tokens Will Displace Cryptocurrency
2022-02-08T09:21:01.695+02:00
Potanin is a supporter of digital tokens and national digital currencies.
His point of view on cryptocurrency seems to concur with Russia.
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Regulation
Russia Prepares Roadmap to Regulate Crypto by 2022 End
2022-01-28T14:21:44.620+02:00
It is against the earlier proposed ban by the central bank.
The latest draft was signed by the Deputy Chairman of the Russian government.
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News
Bitget Inks a Sponsorship Deal with Team Spirit
2022-01-28T09:02:23.171+02:00
Team Spirit is a prominent esports organization in Russia.
Bitget is now the official crypto partner of the team.
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Institutional FX
Russia's Central Bank Halts Ruble Plunge as Markets Experience Freefall
2022-01-26T14:56:08.995+02:00
Russia's Central Bank halted the Ruble plunge amid a wider market crisis.
The regulator moved to reduce the volatility of financial markets.
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CryptoCurrency
Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto
2022-01-20T20:26:18.291+02:00
The central bank of Russia calls for a complete ban on crypto.
The regulator says that crypto activities are a threat to financial stability.
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Regulation
Russian Central Bank Plans Cryptocurrency Ban
2021-12-17T12:54:40.768+02:00
The Russians traded $5 billion worth of cryptocurrency in a year.
The regulator wants ‘complete rejection’ of cryptocurrency investments.
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Payments
Worldline and Joom Partner to Tap Russian Payments Industry
2021-12-09T12:18:24.238+02:00
Both the companies are aggressively expanding their services and reach.
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News
Floki Partners with Russia’s Leading Football Club
2021-12-08T16:15:15.378+02:00
The new partnership will give extensive branding opportunities to Floki.
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News
Report Says Russians Transact over $5 Billion per Year with Cryptos
2021-11-25T22:35:03.000+02:00
Russians are highly active on a global basis in the cryptocurrency market.
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Retail FX
Russia Tests Unqualified Investors as Mandatory Rule Kicks Off
2021-11-24T14:34:37.000+02:00
More than 2.5 million tests were conducted in October.
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News
Russian Authorities Are Concerned about Cryptos as Means for Tax Evasion
2021-11-22T20:00:49.000+02:00
The words came from the chief of Russia's Federal Tax Service, Daniil Egorov.
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News
Bank of Russia to Charge Fees for Digital Ruble Transactions
2021-11-18T19:57:24.000+02:00
A prototype of the Russian CBDC is expected to be launched in January 2022.
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Retail FX
Russian Central Bank Grants FX Dealer License to BCS-Forex
2021-11-18T15:14:52.000+02:00
Now, four regulated FX dealers are operating in the country.
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Exchanges
Moscow Exchange to Enable Securities Pre-market Trading
2021-11-17T19:29:34.000+02:00
The feature will be available starting December 6, 2021, and will cover shares from the MOEX Russia Index.
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Institutional FX
B2Broker Group’s PBS Receives a License from the Bank of Russia
2021-11-11T13:00:55.000+02:00
The license permits JSC Prime Brokerage Service (PBS) to conduct brokerage and dealer activities.
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News
Russia to Launch Digital Ruble Prototype in Early 2022
2021-11-09T15:38:37.000+02:00
The central bank will launch a pilot program to test the CBDC prototype.
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News
Vladimir Putin States Cryptos Have the ‘Right to Exist’
2021-10-14T18:50:18.000+02:00
The Russian president clarified that it is too early to issue a judgment on what is the future of the crypto market.
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Brokers
Russia Fines Google for Allowing eToro Promotions
2021-09-08T11:52:52.000+02:00
eToro neither operated in Russia nor did it run the ad campaign.
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Retail FX
MOEX Continues Expanding International Products, Adds 77 Foreign Stocks
2021-08-24T10:42:07.000+02:00
With this, the exchange is listing 281 foreign stocks.
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News
Vladimir Putin Asks Cabinet to Design a System to Declare Crypto Holdings
2021-08-19T22:07:57.000+02:00
The Ministry of Finance, the Ministry of Finance, the Ministry of Labor and the Bank of Russia were instructed by Putin.
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Next
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