News Russia Banks: Bank-Supervised Crypto Operations Take Shape in Russia
Russia crypto regulation took a concrete step as the Bank of Russia published its first registers of authorized cryptocurrency exchange operators and digital custodians under rules that took effect on Sept. 1. The registers list four exchange operators and five custodians. VTB Bank appears in both categories. Sberbank is listed ...
News Russia Banks: Russian banks fear massive fines after unprecedented surge in court bailiff inquiries
Russian banks received millions of requests for information about debtors from the Federal Bailiff Service (FSSP) over three days between September 18 and 21, an unprecedented volume, the National Financial Market Council reported.
News Russia Banks: Russians Yank Billions From Banks Amid Kremlin Seizure Fears
Taras Skvortsov, chief financial officer at Sberbank, Russia's largest bank, has warned that the cash drain is creating liquidity problems across the banking sector. He attributed the pressure partly ...
News Russia Banks: Russians ‘withdraw billions from banks over fears Putin will seize deposits for war’
Russian citizens are withdrawing billions of roubles from the country’s banks over fears that the Kremlin could seize deposits to fund the war in Ukraine. Analysts say fears that the Kremlin could ...
News Russia Banks: Arron Banks sues journalist after claims he had ‘covert relationship with Russian government’
A prominent Brexit backer has accused an investigative journalist of spreading “nonsense” in a personal attack on him, as he sues her for defamation. Arron Banks, a major donor to the Leave.EU ...
News Russia Banks: Russian Tinkoff bank acquires stake in Swiss Aximetria
Russian bank Tinkoff has revealed it purchased a stake in Swiss digital company Aximetria. TCS Group Holding, the owner of Tinkoff, hasn’t announced the exact numbers but, according to unofficial ...
News Russia Banks: The U.S. seems ready for tougher sanctions against Russia. But is Europe?
Two threats lie behind the high-level talks between the West and Russia over security guarantees — Russia’s threat to invade Ukraine and the U.S. threat to impose “high-impact” financial and economic ...
