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Russia’s State Duma has advanced a first-reading bill that would turn cryptocurrency into recognized property while routing most lawful market activity through Bank of Russia-licensed intermediaries.
Deputy Finance Minister Ivan Chebeskov told a government forum that Russia’s crypto market moves about $129 billion per year and that daily transactions were approaching…
Elliptic says A7A5, a ruble-pegged stablecoin linked to A7 LLC and supported by sanctioned Promsvyazbank, moved more than $100 billion in on-chain transfers within its…
Sberbank is exploring ruble-denominated loans secured by cryptocurrencies, positioning the product as a liquidity tool for corporate and retail clients who want access…
