Russia’s Gazprombank recommends slow CBDC rollout fearing loss of income
Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Russia finalizes crypto trading rules ahead of Nov. 17 rollout
The rules allow retail investors to trade BTC, ETH and USDT through regulated intermediaries, with Moscow Exchange planning to lau...
Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2%
Bitcoin Magazine Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2% Strive reported $474.8 million o...
South Korea Pushes 22% Crypto Tax to 2029 in Fourth Delay, Offers Three-Year Loss Carryforward
Bitcoin Magazine South Korea Pushes 22% Crypto Tax to 2029 in Fourth Delay, Offers Three-Year Loss Carryforward South Korea’s gove...
Greece Approves 10% Crypto Gains Tax, 15% Levy on Staking and DeFi Income
Greece’s parliament has approved a sweeping cryptocurrency tax framework that imposes a 10% tax on capital gains and a separate 15...
Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure
Bitcoin holders realized more than $2 billion in losses over three days as exchange selling intensified and expectations of a US r...
Strive reports $509 million Q3 income as Bitcoin gains hit $534 million
Strive's strong Bitcoin yield and strategic equity offerings highlight its robust growth potential, but reliance on Bitcoin's valu...