State Duma Financial News

24.07 / 13:57

CBDC Adoption regulation Bank of Russia Ruble Putin signs law on introduction of digital ruble in Russia

Russia is moving forward with its central bank digital currency (CBDC) as President Vladimir Putin signed the digital ruble bill into law on July 24, according to an official government document.

24.05 / 07:17

CBDC Adoption regulation Bank of Russia lawmakers Ruble Russian lawmakers propose amendments to digital ruble bill

As the digital ruble project proceeds through Russian parliamentary hearings, lawmakers have proposed significant amendments to the bill, aiming to change the original document regarding debt operations, services for non-residents and the role of the central bank.

19.04 / 21:09

business Adoption regulation Bank of Russia BRICS settlement Cross-border Bank of Russia to set up entities for crypto mining and cross-border settlement: Report

Russia is taking further steps to mitigate global sanctions in place since the invasion of Ukraine in 2022. According to local media reports, the country's central bank plans to create new institutions to mine crypto assets and settle international payments.

24.11 / 14:47

MPs 'Absurd': Russian MPs back law banning LGBTQ 'propaganda'

Russia's State Duma -- the lower house of the Russian parliament -- approved a controversial new law on Thursday banning LGBTQ "propaganda" to adults.

08.06 / 16:13

regulation Digital Asset Bill to ban digital assets as payment introduced in Russian parliament

In recent months, Russian legislators have been preparing measures to fully institutionalize crypto as a properly taxable investment asset and a possible tool for foreign trade in Russia. Now, they want to make clear that the upcoming regulatory turn won’t include any windows for adopting digital financial products as a payment method.

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