Russia’s central bank is weighing a plan that would allow banks and brokerage firms to operate cryptocurrency exchanges.

Russia's CBR proposes banks and brokers obtain crypto exchange licenses via notification, with a one percent capital risk cap per institution.

The Russian unit of Austria’s Raiffeisen is immensely profitable, but it can’t get the money out of the country.

Russia's new crypto framework positions banks as primary trading intermediaries with streamlined licensing, 1% capital caps, ...

Russia’s banking sector now holds more than six metric tons of gold, according to official data compiled by the monetary authority in Moscow. Russian financial institutions have bumped their ...

The Bank of Russia will reportedly permit domestic banks to engage in limited crypto activities under strict oversight. The Bank of Russia will reportedly allow domestic banks to conduct limited ...

Russian President Vladimir Putin has authorized Citigroup Inc. C to sell its Russian banking unit, marking a significant step in the bank’s long-planned withdrawal from the country. The decision ...

Russian President Vladimir Putin signed an order early Wednesday permitting Citigroup (C) to sell its Russia-based division to emerging markets investment bank Renaissance Capital. "With this receipt ...

VIENNA (Reuters) -Raiffeisen Bank International has failed in another attempt to sell a stake in its Russian business, two people familiar with the situation said, as Russia seeks to maintain a key ...

The lawsuit was a warning to European officials who are racing to agree to a plan to use Russian government assets in Europe to lend money to Ukraine. By Paul Sonne and Jeanna Smialek The Russian ...