Crypto Bill in Russia:
At the end of April, the State Duma passed extensive amendments regulating the turnover of digital currencies in the first reading. If the law gets the green light, the new rules will kick in on July 1, 2026. You’ll be able to trade crypto only through licensed intermediaries (exchanges, brokers) authorized by the Central Bank of Russia and official crypto exchanges.
Sberbank Fraud Stats:
Stanislav Kuznetsov, Deputy Chairman of Sberbank, revealed that last year, scammers funneled about 295 billion rubles in stolen funds through crypto exchanges. Banks attribute this to stricter controls on traditional money withdrawal channels.
Digital Ruble:
Financial forums are buzzing about the integration of the digital ruble. Experts emphasize that it won't replace decentralized Bitcoin, as it's merely a third form of fiat money aimed at speeding up and reducing the costs of interbank transactions within the country.
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