Digital ruble should not affect inflation, Bank of Russia says
According to official data, Russia’s inflation rate reached 8.1% in October, the highest level in almost six years.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to official data, Russia’s inflation rate reached 8.1% in October, the highest level in almost six years.
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
Chainlink And LG CNS Target South Korean Banks With Digital Asset Infrastructure Deal
TL;DR: Chainlink and LG CNS are partnering on oracle and cross-chain infrastructure aimed at South Korea’s financial institutions;...
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...
Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head
Bitcoin Magazine Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head The Bank of Ko...
SoFi Launches Yield-Bearing Tokenized Bank Deposit With Stablecoin Conversion
TL;DR: SoFi says its new SOFIE tokenized deposit represents money held at SoFi Bank, advertises 4.40% APY subject to terms, and ca...
How Far Should Crypto Firms Trace a Transaction? FCA Says Risk Should Decide
Brokers and trading platforms handling cryptoassets should be able to explain why their monitoring systems flag a transaction and...
Grayscale Warns Crypto Token Inflation Can Wipe Out Holder Rewards
Crypto applications can generate earnings, yet growing token supplies can reduce the benefits reaching holders. Grayscale’s new an...