News with the tag "CBR"

Russian cryptocurrency transactions have seen a significant increase, and according to the Bank of Russia, the trend can be attributed in part to Donald Trump’s influence on the market. The monetary authority expects continued support for the industry from the U.S. President’s administration to furt...

Majority state-owned banking and financial giant Sberbank will play the role of a market maker for authorized cryptocurrency trading in the Russian Federation. Known for its own projects in the digital assets space, Russia’s largest bank now hopes to see the emergence of a whole “new world” of crypt...

Russia seems reluctant to pursue peace at the moment as the country is widely believed to be planning a new summer offensive in Ukraine to consolidate territorial gains in the southern and eastern parts of the nation. Moscow’s increasing economic and military pressures at home could be the factors t...

Russia wants to beat America to Bitcoin. The plan? A national Bitcoin reserve. If Vladimir Putin pulls this off before Donald Trump’s America, it won’t just be a win for Russia, it could literally tilt the balance of economic power. Both countries are moving fast, but their strategies couldn’t be mo...

Several economists, including Liam Peach, a senior emerging market economist in Capital Economics, expect the Central Bank of Russia to initiate major interest rate hikes on December 20. The speculations are despite the CBR’s Governor, Elvira Nabiullina, mentioning last week that a rate hike was not...

Russia’s economy is taking punches it can’t dodge, with the ruble nosediving to its lowest point in over two years. On Wednesday, the currency crashed to 114 against the U.S. dollar—levels unseen since the early days of Moscow’s invasion of Ukraine. In a desperate move, the Central Bank of Russia (C...

Russia will surveil cross-border crypto transfers while pushing CBDC development

The Central Bank of the Republic of Türkiye (CBRT) has completed phase 1 of its digital Turkish lira. It is now planning to move on to advanced phases to carry The post Turkish Central Bank Completed First Phase Of Its Digital Turkish Lira appeared first on BitcoinWorld .

Sean McBride, the former Director of Global Talent Acquisition at Ripple, has hinted at significant upcoming news for Ripple and XRP. McBride’s announcement, made via a post on X (formerly known as Twitter), has sparked a mix of excitement and skepticism among followers and investors alike. His post...

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