Re: Is Russia is on the way to adopt cryptocurrencies?

Quote from: YOSHIE on August 16, 2025, 04:26:02 PM

Is not the Garatex, Binance, Bybit, Huobi, Huobi exchanges are still operating in Russia, maybe the place is not located in the heart of the Russian Moscow center, I think the new exchange operating in Moscow is not one thing that makes The Russian government leads to a large adoption, maybe since the new stock exchange is a place in the city of Moscow for that they make it there, I think it's normal, it's just that the occasions are accidentally located in Moscow.

Binance does not officially operate in Russia. They are afraid of sanctions.

Verification is not possible with a Russian passport.
Old accounts have the opportunity to trade, and many Russians verify accounts from other countries, for example from Turkey or Kazakhstan
Korean exchanges allow trading with Russian passports.

Quote from: internetional on August 16, 2025, 06:37:17 PM

Quote from: zasad@ on August 16, 2025, 02:24:55 PM

I would like to see a link to the document. According to this provision, the banks can already block almost any transaction that they consider questionable.

CENTRAL BANK OF THE RUSSIAN FEDERATION
"REGULATION of March 2, 2012 N 375-P
ON REQUIREMENTS TO THE RULES OF INTERNAL CONTROL OF A CREDIT ORGANIZATION FOR THE PURPOSES OF COUNTERING THE LEGALIZATION (LAUNDERING) OF CRIMINAL PROCEEDS AND THE FINANCING OF TERRORISM"
https://normativ.kontur.ru/document?moduleId=1&documentId=448134

This statement contradicts this company https://a7-business.ru/

I don’t have a link to the official publication, but you can read the text of the document itself here: https://t.me/hranidengi/7724

This is the Telegram channel of the website hranidengi.ru, whose materials I’ve been using for more than ten years, and they have never let me down. They always publish genuinely reliable information.

As for the banks’ right to refuse transactions related to cryptocurrency - yes, they’ve had this right for quite a while. Now, however, it also becomes their obligation. But only in cases where the bank becomes aware before the transaction that it is connected to cryptocurrency turnover. For example, when transferring money to a foreign cryptocurrency exchange or swapping service.

As far as I understand, A7 doesn't operate with real cryptocurrencies - only with stablecoins which in Russian law look like "electronic money", not cryptocurrency ("digital currency").

Under sanctions, it is already very difficult to conduct cryptocurrency transactions with foreign companies. The state does not want money to leave the country and enter citizens' accounts from unknown sources. So far, all these restrictions have been successfully circumvented.