The post Russia Affirms Ban on Cryptocurrency Payments Nationwide appeared on BitcoinEthereumNews.com. Key Points: Main event, leadership changes, market impactThe post Russia Affirms Ban on Cryptocurrency Payments Nationwide appeared on BitcoinEthereumNews.com. Key Points: Main event, leadership changes, market impact

Russia Affirms Ban on Cryptocurrency Payments Nationwide

Key Points:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Russia reinforces strict cryptocurrency payment ban.
  • Central bank, State Duma align against cryptocurrency payment use.

Anatoly Aksakov, Chairman of the Russian State Duma’s Financial Market Committee, stated on December 15 that Russia will not recognize cryptocurrencies as legal tender, only as investment tools.

This position aligns with the central bank’s ongoing opposition to crypto payments, impacting legislative efforts and reflecting continued uncertainty in Russia’s regulatory approach.

Russia Enforces Crypto Payment Ban Aligned with Central Bank

Changes include a clear restriction on using cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) for payments, mandating exclusive use of rubles. This regulation maintains the focus on investment rather than transactional utility.

Market reactions to this decision vary. The Ministry of Finance had previously supported regulating crypto exchanges and taxing earnings, suggesting divergent regulatory views. Aksakov’s comments sparked debate on aligning government strategies, highlighting the central bank’s powerful influence on crypto policy in Russia.

Russia’s Crypto Stance: Historical Stalemates and Current Regulations

Did you know? Russia’s ongoing ban on cryptocurrency for payments continues a four-year stalemate in policymaking, with past regulatory efforts stalling due to diverging opinions between key governmental bodies.

Bitcoin (BTC) is priced at $87,648.73, with a market cap of $1.75 trillion, showing a 24-hour gain of 1.79% despite a weekly loss of 4.99%. Trading volume reached $41.42 billion, declining by 6.93%, according to CoinMarketCap.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 01:13 UTC on December 17, 2025. Source: CoinMarketCap

Coincu research highlights potential implications of Russia’s rigid stance on crypto payments, suggesting a cautious regulatory path until 2026. Expansion may involve broader access within Russia’s limited “experimental legal regime” to include banks in crypto-related activities. Bitcoin mining is also under scrutiny as part of economic strategy considerations.

Source: https://coincu.com/news/russia-bans-crypto-payments/

Market Opportunity
Comedian Logo
Comedian Price(BAN)
$0.08015
$0.08015$0.08015
+0.32%
USD
Comedian (BAN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

OTTAWA, ON, Dec. 17, 2025 /PRNewswire/ – New Canadian technology company Woodway Assurance is proud to announce that it has closed an oversubscribed seed funding
Share
AI Journal2025/12/17 23:16
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44