World PulseNow
Newsletter

Russia Now Allows Banks To Engage In Restricted Crypto Operations

Bitcoinist•Saturday, October 11, 2025 at 7:00:23 AM
PositiveCryptocurrency
Russia Now Allows Banks To Engage In Restricted Crypto Operations
Russia's recent decision to allow domestic banks to engage in limited cryptocurrency operations marks a significant step towards integrating digital currencies into its financial system. This move, announced by Vladimir Chistyukhin of the Bank of Russia, is designed to ensure that banks operate under strict regulations, which could help stabilize the crypto market and foster innovation. By cautiously embracing cryptocurrencies, Russia aims to balance the potential benefits of digital assets with the need for regulatory oversight, making this a noteworthy development in the global financial landscape.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Bank of Russia Opens Private Banks to Cryptocurrency Operations
Bitcoin.com20 hours ago
Bank of Russia Opens Private Banks to Cryptocurrency Operations
PositiveCryptocurrency
The Bank of Russia has announced that it will allow private banks to engage in cryptocurrency operations, marking a significant shift in the country's financial landscape. This move is expected to foster innovation and attract investment in the digital currency sector, which is increasingly gaining traction globally. By opening the doors to private banks, Russia aims to create a more competitive environment that could enhance the overall efficiency of financial services and provide consumers with more options.
Read full article
via Bitcoin.com
Russia allows banks to engage in crypto under tight rules
Crypto Newsa day ago
Russia allows banks to engage in crypto under tight rules
PositiveCryptocurrency
The Bank of Russia is taking a significant step by permitting select commercial banks to engage in the cryptocurrency market, albeit under strict regulations. This move is crucial as it aims to enhance transparency and mitigate systemic risks associated with digital currencies. By implementing capital restrictions and oversight, the Bank is addressing potential regulatory gaps, which could foster a safer environment for crypto investments and innovation in the financial sector.
Read full article
via Crypto News
Russia Acknowledges Crypto’s Popularity With Its Citizens as Central Bank Weighs Bank Involvement
CoinDeska day ago
Russia Acknowledges Crypto’s Popularity With Its Citizens as Central Bank Weighs Bank Involvement
PositiveCryptocurrency
Russia is recognizing the increasing popularity of cryptocurrency among its citizens, as the Finance Ministry highlights a surge in adoption. This comes alongside the central bank's plans to allow banks to engage with crypto under strict capital and reserve requirements. This move is significant as it indicates a shift towards integrating digital currencies into the formal financial system, potentially enhancing security and regulation in the crypto space.
Read full article
via CoinDesk
Bank of Russia to Permit Limited Bitcoin and Crypto Operations for Domestic Banks
Bitcoin Magazinea day ago
Bank of Russia to Permit Limited Bitcoin and Crypto Operations for Domestic Banks
PositiveCryptocurrency
The Bank of Russia has announced that it will allow limited operations involving Bitcoin and other cryptocurrencies for domestic banks. This move is significant as it marks a shift in the country's approach to digital currencies, potentially paving the way for greater acceptance and integration of cryptocurrencies in the financial system. By permitting these operations, the Bank aims to enhance innovation while maintaining regulatory oversight, which could lead to a more robust financial ecosystem in Russia.
Read full article
via Bitcoin Magazine
Finance Ministry: 20 Million Russians Hold Cryptocurrency, Bitcoin Still Preferred
Bitcoin.coma day ago
Finance Ministry: 20 Million Russians Hold Cryptocurrency, Bitcoin Still Preferred
PositiveCryptocurrency
The Finance Ministry of Russia has revealed that around 20 million Russians are now holding cryptocurrency, with Bitcoin remaining the most popular choice among them. This significant number highlights the growing acceptance and adoption of digital currencies in the country, reflecting a shift in financial habits and investment strategies. As more individuals turn to cryptocurrencies, it could lead to increased regulatory discussions and innovations in the financial sector, making it a crucial development to watch.
Read full article
via Bitcoin.com
Russia’s central bank to permit banks to engage in crypto operations under strict limits
Crypto Briefinga day ago
Russia’s central bank to permit banks to engage in crypto operations under strict limits
PositiveCryptocurrency
Russia's central bank is taking a significant step by allowing banks to engage in cryptocurrency operations under strict regulations. This move could foster financial innovation in the country, potentially opening new avenues for economic growth. However, it also raises questions about how these changes will interact with existing monetary policies, making it a crucial development to watch in the evolving landscape of digital finance.
Read full article
via Crypto Briefing
Latest from Cryptocurrency
Ripple: From free fall to rebound as trade war shakes crypto markets
Crypto News15 minutes ago
Ripple: From free fall to rebound as trade war shakes crypto markets
PositiveCryptocurrency
Ripple's XRP token has experienced a dramatic turnaround, plummeting over 63% from its peak this year before rebounding by more than 75% as savvy investors seized the opportunity to buy the dip. This recovery is significant as it highlights the resilience of the cryptocurrency market amidst ongoing trade tensions, suggesting that investors are still optimistic about the future of digital assets.
Read full article
via Crypto News
Zcash recovers to pre-crash highs following crypto market meltdown
Cointelegraph17 minutes ago
Zcash recovers to pre-crash highs following crypto market meltdown
PositiveCryptocurrency
Zcash has made a remarkable recovery, bouncing back to pre-crash levels after a significant downturn in the crypto market. Following a sharp decline, ZEC not only regained its lost value but also reached a recent peak of $291 before settling around $270. This recovery is significant as it reflects the resilience of Zcash and the broader cryptocurrency market, indicating potential stability and investor confidence.
Read full article
via Cointelegraph
Fair launch is the broken promise of crypto | Opinion
Crypto News43 minutes ago
Fair launch is the broken promise of crypto | Opinion
NegativeCryptocurrency
The concept of a fair launch in the crypto world is being called into question, as it represents a social contract that promises equal opportunity for all participants. However, many argue that this promise is broken, leading to disparities and frustrations within the community. Understanding this issue is crucial as it impacts trust and participation in the crypto ecosystem.
Read full article
via Crypto News
Liquidation Mayhem — Volatility Isn’t Always Villainy in Crypto Markets
Bitcoin.coman hour ago
Liquidation Mayhem — Volatility Isn’t Always Villainy in Crypto Markets
PositiveCryptocurrency
The recent fluctuations in the crypto markets, often seen as chaotic, are actually presenting unique opportunities for investors. While liquidation events can create panic, they also allow savvy traders to capitalize on price movements. Understanding this volatility is crucial, as it can lead to significant gains for those who navigate it wisely. This perspective shifts the narrative around crypto volatility from a negative to a more nuanced view, highlighting the potential for profit amidst the chaos.
Read full article
via Bitcoin.com
AAVE Sees 64% Flash Crash as DeFi Protocol Endures 'Largest Stress Test'
CoinDeskan hour ago
AAVE Sees 64% Flash Crash as DeFi Protocol Endures 'Largest Stress Test'
NegativeCryptocurrency
AAVE, a prominent DeFi protocol, recently experienced a staggering 64% flash crash, marking what many are calling the largest stress test for the platform. This incident raises significant concerns about the stability and reliability of decentralized finance systems, especially during high volatility periods. Investors and users are left questioning the resilience of such protocols, which could impact confidence in the broader DeFi ecosystem.
Read full article
via CoinDesk
SUI Ready For $7 Price Target As Market Pressure Builds — Analyst
NewsBTCan hour ago
SUI Ready For $7 Price Target As Market Pressure Builds — Analyst
PositiveCryptocurrency
Despite recent economic tensions between the US and China causing a decline in cryptocurrency prices, analyst Ali Martinez remains optimistic about Sui (SUI). He believes that SUI has the potential to reach a new all-time high before the end of 2025, which could attract investors looking for growth opportunities in the crypto market. This perspective is significant as it highlights the resilience of certain cryptocurrencies even in challenging market conditions.
Read full article
via NewsBTC