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Russia Labels Crypto a Major Risk to Monetary Sovereignty
The Bank of Russia has classified cryptocurrencies and stablecoins as major financial risks, warning of threats to monetary sovereignty and potential investor losses. The draft policy signals stricter rules ahead for Russian crypto markets.
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Russia Launches Digital Ruble Nationwide: 87K New Accounts in 10 Days
Russia has officially launched its digital ruble nationwide, with around 87,000 new accounts opened in just ten days. Bank of Russia Governor Elvira Nabiullina attributed the surge to novelty and curiosity, signaling strong public interest in state-backed digital money.