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CryptoCurrency

Putin Approves Law on Digital Rubble

  • A pilot test based on the digital rubble is expected to go live in August.
  • The CBDC will be accepted for payment and money transfer.
Monday, 24/07/2023 | 19:05 GMT by Solomon Oladipupo
Institutional FX

Russia-Ukraine War Rattles Moscow Exchange as Volumes Collapse in May

  • The equity and bond market sank -240% MoM.
  • However, the markets grew 5.2% led by the money and FX spot markets.
Friday, 03/06/2022 | 05:54 GMT by Solomon Oladipupo
Regulation

Russia Will Eventually Allow Crypto Payments, Minister Confirms

  • The government and the central bank are now in talks for crypto regulations.
  • Earlier, the central bank came up with plans to impose a blanket ban on crypto.
Thursday, 19/05/2022 | 05:44 GMT by Arnab Shome
Retail FX

Trading on the Moscow Exchange Is Suspended for the Third Week

  • Equities trading suspension was put in place on 25 February.
  • The Russian central bank will decide on the activities for next week later.
Monday, 14/03/2022 | 11:39 GMT by Arnab Shome
Retail FX

Russia’s VTB Bank Asks Customers to Avoid Conducting Forex Transactions

  • VTB tries to safeguard its customers from increased transaction costs.
  • The Ukraine crisis has caused several challenges in the Russian financial market.
Friday, 25/02/2022 | 06:53 GMT by Nicholas Otieno
Brokers

Russian FX Dealer PSB-Forex to Voluntarily Revoke its Licence

  • The subsidiary of government-owned Promsvyazbank will submit its application with the central bank.
Thursday, 13/08/2020 | 10:32 GMT by Celeste Skinner
Regulation

Central Bank of Russia May Ban Leveraged Trading for Non-Professionals

  • Deputy Chairman Sergei Shvetsov told reporters a draft law was already in place that would ban leveraged trading
Monday, 22/10/2018 | 08:43 GMT by David Kimberley
Regulation

Bank of Russia to Put Further Caps On Leveraged Trading

  • Leverage will be reduced to 30:1 but brokers may be able to start hedging against their clients again
Wednesday, 03/10/2018 | 09:37 GMT by David Kimberley
News

Russian SWIFT to Transfer to Blockchain Technology by 2019

  • SPFS was designed by the Russian central bank in response to SWIFT's threats withdraw from Russia.
Sunday, 06/05/2018 | 08:10 GMT by Simon Golstein
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