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Digital Ruble Bill Signed by President Vladimir Putin Allowing Russia's Central Bank to Introduce CBDC
Vladimir Putin has signed the Digital Ruble Bill into law that clears the path for the central bank to issue its digital ruble CBDC central bank digital currency. The country's president has officially named the Bank of Russia as the sole operator for the digital ruble .
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Russia Working on Law to Establish National Cryptocurrency Exchange
Cryptocurrencies without an issuer such as Bitcoin and Ether are not securities, Belgium’s Financial Services and Markets Authority said in a press note. The regulator said it was getting an increasing number of questions about the regulatory treatment of crypto and hoped to address the most frequently asked questions.
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Russia Fines Wikipedia RUB 2 Million Over Ukraine War Articles
A Russian court on Tuesday fined Wikipedia owner Wikimedia Foundation 2 million rubles ($32,600) over articles relating to the Ukraine war.
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Russian Woman Arrested For Selling Her Five-Day-Old Baby To Pay For Nose Job: Report
A Russian woman was recently arrested for selling her newborn baby to pay $3,581 (Rs 286,163) for a nose job. The 33-year-old woman gave birth to a baby boy on April 25 and she sold him off just five days later to a local couple.
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After Ruble And Passports, This Ukraine Region Now Has Russian TV
Russian television was now broadcasting in Ukraine's southern Kherson region, the Russian army said on Tuesday in an area where Moscow already introduced the ruble and began distributing Russian passports.
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Russian Central Bank to Speed Up Digital Ruble Trials Amid Pressure Due to Western Sanctions
Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the Ruble’s digital counterpart. The Russian central bank had initially planned to begin the Digital Ruble pilot with actual transactions and users in 2024, but it has now been agreed to do so in April 2023.
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Russia To Repay Foreign Debt In Rubles After US Ends Exemption
Russia that it will start paying its foreign debt in rubles after US exemption ended.
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Unlawful Crypto Mining Unearthed in Russia’s Oldest Prison, Warden Accused of Electricity Theft
Central Moscow-located Butyrka prison was being used as an illegal crypto mining centre. When mining equipment was identified inside the prison premises, an investigation was launched into the case. Over 8,400 kW of electricity is estimated to have been used between November 2021 and February this year, by people who were minting cryptocurrencies f...
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10 More European Gas Buyers Open Ruble Accounts for Payments
Ten more European gas buyers have opened accounts in Gazprombank JSC, doubling the total number of clients preparing to pay in rubles for Russian gas as President Vladimir Putin demanded.
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Russian Journalist Faces Fine For Discrediting Army Amid Ukraine War
An anti-Kremlin Russian journalist and municipal deputy said Friday that he faced a fine of up to 100,000 rubles for discrediting the army amid Moscow's military campaign in Ukraine.
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European Union Readies For End Of Russia Gas, Warns Won't Pay In Ruble
The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow's demand that imports be paid for in rubles.
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Moscow To Adopt Ruble In Occupied Ukraine: Russian Administrator
A Russian official said Thursday that the ruble will soon be introduced in areas of Ukraine under Moscow's control, despite Russia earlier insisting it was not seeking to occupy captured territory.
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Russia-Controlled Ukraine Region To Start Using Ruble: Report Quoting Official
Ukraine's southern Kherson region will start using the Russian ruble from May 1, an official from a pro-Russian committee which styles itself as the region's "military-civil administration" told Russian news agency RIA.
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Four European Gas Buyers Made Ruble Payments To Russia: Report
Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC.
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Russia Cites "Unfriendly Steps" For Gas Supply Halt To Poland, Bulgaria
The Kremlin said Wednesday the halt of natural gas supplies to Poland and Bulgaria over the refusal to pay in rubles was a result of unfriendly actions towards Russia.
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Digital Ruble Bill Signed by President Vladimir Putin Allowing Russia's Central Bank to Introduce CBDC
Vladimir Putin has signed the Digital Ruble Bill into law that clears the path for the central bank to issue its digital ruble CBDC central bank digital currency. The country's president has officially named the Bank of Russia as the sole operator for the digital ruble .
-
Russia Working on Law to Establish National Cryptocurrency Exchange
Cryptocurrencies without an issuer such as Bitcoin and Ether are not securities, Belgium’s Financial Services and Markets Authority said in a press note. The regulator said it was getting an increasing number of questions about the regulatory treatment of crypto and hoped to address the most frequently asked questions.
-
Russia Fines Wikipedia RUB 2 Million Over Ukraine War Articles
A Russian court on Tuesday fined Wikipedia owner Wikimedia Foundation 2 million rubles ($32,600) over articles relating to the Ukraine war.
-
Russian Woman Arrested For Selling Her Five-Day-Old Baby To Pay For Nose Job: Report
A Russian woman was recently arrested for selling her newborn baby to pay $3,581 (Rs 286,163) for a nose job. The 33-year-old woman gave birth to a baby boy on April 25 and she sold him off just five days later to a local couple.
-
After Ruble And Passports, This Ukraine Region Now Has Russian TV
Russian television was now broadcasting in Ukraine's southern Kherson region, the Russian army said on Tuesday in an area where Moscow already introduced the ruble and began distributing Russian passports.
-
Russian Central Bank to Speed Up Digital Ruble Trials Amid Pressure Due to Western Sanctions
Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the Ruble’s digital counterpart. The Russian central bank had initially planned to begin the Digital Ruble pilot with actual transactions and users in 2024, but it has now been agreed to do so in April 2023.
-
Russia To Repay Foreign Debt In Rubles After US Ends Exemption
Russia that it will start paying its foreign debt in rubles after US exemption ended.
-
Unlawful Crypto Mining Unearthed in Russia’s Oldest Prison, Warden Accused of Electricity Theft
Central Moscow-located Butyrka prison was being used as an illegal crypto mining centre. When mining equipment was identified inside the prison premises, an investigation was launched into the case. Over 8,400 kW of electricity is estimated to have been used between November 2021 and February this year, by people who were minting cryptocurrencies f...
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10 More European Gas Buyers Open Ruble Accounts for Payments
Ten more European gas buyers have opened accounts in Gazprombank JSC, doubling the total number of clients preparing to pay in rubles for Russian gas as President Vladimir Putin demanded.
-
Russian Journalist Faces Fine For Discrediting Army Amid Ukraine War
An anti-Kremlin Russian journalist and municipal deputy said Friday that he faced a fine of up to 100,000 rubles for discrediting the army amid Moscow's military campaign in Ukraine.
-
European Union Readies For End Of Russia Gas, Warns Won't Pay In Ruble
The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow's demand that imports be paid for in rubles.
-
Moscow To Adopt Ruble In Occupied Ukraine: Russian Administrator
A Russian official said Thursday that the ruble will soon be introduced in areas of Ukraine under Moscow's control, despite Russia earlier insisting it was not seeking to occupy captured territory.
-
Russia-Controlled Ukraine Region To Start Using Ruble: Report Quoting Official
Ukraine's southern Kherson region will start using the Russian ruble from May 1, an official from a pro-Russian committee which styles itself as the region's "military-civil administration" told Russian news agency RIA.
-
Four European Gas Buyers Made Ruble Payments To Russia: Report
Four European gas buyers have already paid for supplies in rubles as President Vladimir Putin demanded, according to a person close to Russian gas giant Gazprom PJSC.
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Russia Cites "Unfriendly Steps" For Gas Supply Halt To Poland, Bulgaria
The Kremlin said Wednesday the halt of natural gas supplies to Poland and Bulgaria over the refusal to pay in rubles was a result of unfriendly actions towards Russia.
