There is a significant increase in FX promotions in Russia from unregulated brokers. The regulator warn the investor to avoid unregulated brokers.
Cybersecurity company, Qrator Labs revealed that crypto exchange traffic in Russia increased by about 5.56% during the COVID-19 pandemic.
Russian authorities have arrested a group of online criminals who have allegedly sold massive amounts of fake banknotes for crypto on the dark web.
The Russia Central bank has drafted new crypto guidance that would allow banks to label crypto transactions as suspicious.
Russian Central Bank has started testing of stablecoin pegged to real estate under its regulatory sandbox according to its Chairman Elvira Nabiullina.
Russia plans a legal mechanism for the seizure and confiscation of cryptocurrency fraud. Russia’s interior ministry will work with various state organs.
The Central Bank of the Russian Federation has detected 81 illegal Forex dealers in the first half of the year.
Russia’s Central Bank is considering possibilities of issuing its own crypto in the near future. When the first Russian cryptocurrency will go live?
Russian Central Bank Official Sergey Shvetsov suggested blocking all cryptocurrency exchange websites. Will Russia Block Cryptocurrency Exchange Websites?