Tag: private individuals

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Russia’s Largest Bank to Allow Retail Investors to Trade Digital Assets

June 10, 2023

Majority state-owned lender Sberbank is preparing to allow Russian citizens to buy and sell digital assets. Private individuals will be provided access to its proprietary blockchain platform as early as this month, a top executive of the bank announced. Sberbank to Open Digital Assets Platform to Private Individuals Retail investors will be able to transact…
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Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals

December 28, 2021

The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal operations. Central Bank to Check Transactions Between Russians Exchanging Crypto As part of efforts…
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