Elvira Nabiullina News

19.05 / 05:09

Payments Mining regulation Russia will inevitably legalize crypto payments says trade minister

Russia will legalize crypto payments “sooner or later” according to the Ministry of Industry and Trade of the Russian Federation, Denis Manturov.

10.05 / 12:09

Payments regulation Ukraine war foreign reform International Putin Bids to Create New International Settlements Platform, Reform Foreign Currency Rules

Russian President Vladimir Putin has spoken of plans to revamp the country’s international settlements ecosystem – in a bid to prevent Moscow from sliding into an economic quagmire at the hand of Western-led sanctions.

21.04 / 17:11

Mining regulation Bitcoin Russian central bank needs to ease up digital asset projects, governor says

The Russian central bank governor Elvira Nabiullina has admitted that the Bank of Russia might have taken a bit too tough a stance on digital assets and should look to reconsider that.

12.04 / 04:43

Fallout Moscow’s Central Banker Dismantles What She Built

Elvira Nabiullina spent eight years modernizing Russian monetary policy and forging bonds with global markets. In the past six weeks, she took apart much of what she created for a new task: keeping President Vladimir Putin’s war economy humming.

25.03 / 11:07

Russian central bank chief tried to resign over Ukraine invasion

Russian Central Bank governor Elvira Nabiullina tried to resign after the invasion of Ukraine, people familiar with the matter said. Her effort was rejected by Russian President Vladimir Putin who instead nominated her for a third term.

18.03 / 21:13

Adoption Payments banking Russia Tries to Replace Apple Pay and Google Pay with Gazprom Pay

Russian banks are continuing to ramp up the range of services they provide in a bid to continue providing their services outside the global banking networks they have been frozen out of after Russia invaded Ukraine.

28.02 / 20:45

banking Financial Services Ukraine war Russian Central Bank Claims its SWIFT Alternative Is Ready

The Russian Central Bank is talking up its SWIFT alternative as they try to go it alone without a way into the international banking network.

15.02 / 18:12

cryptocurrency Central Bank Russian Central Bank & Government Fail to Agree on Crypto Regulation; New Limits Proposed

Senior officials from the Russian government and the Bank of Russia, the country’s crypto-skeptic central bank, did not manage to reach an understanding on the means to regulate the Russian cryptoasset market -- while the Deputy Finance Minister now proposes a buying limit for "unqualified investors" of USD 665.

14.02 / 17:41

Mining regulation Central Bank Russian Central Bank Still Opposes Crypto Regulation Plans

The race to launch crypto regulations in Russia could still be halted by the country’s Central Bank, which, despite reports to the contrary, is still not happy about recently unveiled plans to “legalize” crypto and bring the industry under a regulatory umbrella. But the pro-business (and reservedly pro-crypto) Ministry of Finance has moved to reassure the bank that its concerns will be met with a piece of draft legislation set to be unveiled on Friday this week.

26.01 / 00:31

Cooper Fitch Russia might undo its mining ban decision, but Fitch Ratings point at other concerns

Soon after the central bank of Russia announced that it is mulling a ban on crypto mining, reports now point otherwise.

25.01 / 15:18

cryptocurrency Bitcoin MPs Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban

The Russian political talk shop is open – or at least it is for crypto, with many leading lawmakers hitting back at the Central Bank’s calls last week for a blanket ban on cryptoassets and token mining.

24.01 / 13:26

Stablecoin Mining regulation Backed Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP

Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning crypto trading and investment. The news comes shortly after the Central Bank’s recent proposal, suggesting a ban on crypto and token mining.

20.01 / 18:02

Government Law Central Bank Russian central bank proposes blanket ban on crypto mining and trading

In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining.

17.11 / 16:43

regulation inflation Central Bank Ruble NOT Digital ruble should not affect inflation, Bank of Russia says

The Bank of Russia will only fully adopt a central bank digital currency (CBDC) if the digital ruble meets several conditions within pilot tests, governor Elvira Nabiullina said.

09.11 / 14:53

business regulation Central Bank Ruble Russia to change laws for digital ruble, while central bank mulls 2022 prototype

On Tuesday, Elvira Nabiullina, governor of Russia’s central bank, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a Reuters report.

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