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Bank Of Russia
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CryptoCurrency
Russia to Charge Commissions on Digital Ruble Transactions from 2025
2023-08-04T11:23:46.604+02:00
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.
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Arnab Shome
CryptoCurrency
Russia Indefinitely Delays Digital Ruble Pilot
2023-03-29T12:52:55.900+02:00
The digital ruble pilot was scheduled to start on April 1.
13 Russian banks confirmed technical readiness to participate in the program.
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Institutional FX
Moscow Exchange’s Forex Market Relapses to RUB 17.3 Trillion in July
2022-08-03T00:45:02.412+02:00
In June, MOEX's FX volume recovered, reaching RUB 17.8 trillion.
Nonetheless, spot forex trades climbed 10.4% to RUB 8.2 trillion.
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Solomon Oladipupo
Institutional FX
Russian Central Bank Changes Process of USD-RUB Rate Calculation
2022-03-14T10:02:31.371+02:00
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.
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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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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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Felipe Erazo
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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Arnab Shome
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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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Arnab Shome
Regulation
FX Global Code of Conduct Recognised by Central Bank of Russia
2021-01-15T17:11:22.000+02:00
The country’s mega regulator joins a number of key adopters who have pledged to adhere to the code’s principles.
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Aziz Abdel-Qader
Regulation
Russia Allows Remote Verification of FX Clients
2021-01-15T12:47:03.000+02:00
The law came into effect on January 11.
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Arnab Shome
Regulation
Central Bank of Russia Cancels Banking License of Morgan Stanley
2020-05-27T13:29:32.000+02:00
The cancellation is part of Morgan Stanley’s efforts to scale down its business in Russia.
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Celeste Skinner
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News
Bank of Russia Green Lights Norilsk Nickel's Tokenization Platform
2020-02-17T15:27:40.000+02:00
It was among the biggest projects under the central bank’s sandbox program.
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Arnab Shome
Analysis
The Bearish Bear: "There is No Russian Forex Market"
2019-06-17T10:52:24.000+02:00
After the central bank revoked the licenses of top brokers in Russia, the local FX market is largely non-existent.
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Celeste Skinner
Regulation
Russia’s Central Bank Pushes for Gold-backed Cryptocurrency
2019-05-23T18:59:44.000+02:00
The future of cryptocurrency in Russia remains uncertain, with officials raising questions about legalizing it.
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Aziz Abdel-Qader
Brokers
Russian Self-Regulator Reports Illegal Moscow City Brokers
2019-03-27T12:26:41.000+02:00
Global FX and FX Open Markets Limited have been identified by the industry body as illicit
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Victor Golovtchenko
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News
Oil-Backed Cryptocurrency Could Hit Russian Markets Soon
2019-02-25T09:48:34.000+02:00
The new cryptocurrency would coincide with new cryptocurrency regulations from the Russian government.
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Rachel McIntosh
Brokers
Russian Brokers Wrap Up Operations in Wake of Regulatory Change
2019-01-29T13:32:06.000+02:00
The local regulator ordered five of the country's largest brokers to cease operations at the end of last year
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David Kimberley
Regulation
InstaForex Parent Sues Russian Regulator for Revoking FX License
2019-01-28T18:17:50.000+02:00
The company was among five foreign exchange dealers operating in the country that saw their licenses revoked last month.
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Aziz Abdel-Qader
Brokers
Alpari to Cease Operations with Russian-Regulated Entity
2019-01-10T11:38:29.000+02:00
The move comes after the Central Bank of Russia announced it would be revoking the broker's license
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David Kimberley
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Analysis
ParagonEX Enters Asia, DX.Exchange Goes Live: Best of the Week
2019-01-06T15:08:51.000+02:00
Catch up on the top stories from the past week.
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Finance Magnates Staff
Brokers
Russian Market Closure Shocking, But Hardly a Surprise
2019-01-04T15:06:58.000+02:00
The oligopoly of the Russian forex brokerage industry has been a long time coming.
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Victor Golovtchenko
Regulation
TeleTrade Suspends Russian Trading Operations Amid Crackdown
2018-12-31T16:32:41.000+02:00
The central bank had given a months notice to the five FX dealers to cease all operations.
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Arnab Shome
News
Binance Lists XRP, GMO Abandons Crypto Mining: Best of the Week
2018-12-30T10:39:33.000+02:00
Catch up on the top stories from the past week.
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Celeste Skinner
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Brokers
Putin Spokesperson Supports Bank of Russia's Forex Actions
2018-12-28T19:52:48.000+02:00
A total of 2000 clients held just over $500,000 in deposits at the five brokers which got suspended.
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Victor Golovtchenko
See more
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