Only 17% of Russians would agree to store more than $200 in CBDC
The most common hindrances cited include insufficient information about the technology (22%) and concerns about cybertheft and system failures (21%).
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Bank of Russia wants to ban miners from selling crypto to Russians
The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia.
Blockchain.com closes crypto custody for Russians amid EU sanctions
Blockchain.com will soon shut down accounts of Russian nationals, while companies like Binance are also working to apply the new EU sanctions.
Kazakhstan ready to legalize crypto as Russians flock to the country
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities.
72% of Russians say they have never bought Bitcoin: Survey
A new survey hints at a lack of crypto awareness in Russia as only 6% of respondents were found to have good knowledge of crypto.
Russians banned from accessing Bitmex within European Union
Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022.
Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine
“In these circumstances we can no longer continue to serve our clients from Russia,” said Vitalii Kedyk, CEO of Currency.com’s Ukraine arm.
Russians collectively hold $130B in crypto, prime minister says
Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation.
Anti-war Russians start donating crypto to support Ukraine
Crypto could be one of few ways for Russians to help Ukrainians as any identified assistance to Ukraine is considered as high treason by the Russian state.
EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
Inflation in the eurozone soared to 5.8% in February, well above the European Central Bank's 2% target, amid a backdrop of escalating sanctions against Russia.