Tag: Bank of Russia

Several Dozen Suspects Arrested Amid Bank of Russia Cyberheist Investigation

A few months ago, news broke about the Russian Central Bank suffering from a hack attack. At the time, it was unclear who was behind the attack, or how it was executed. Russian authorities have now made several arrests of people who they feel are responsible for this cyber heist. During the attack, US$19m worth of rubles were stolen, and the money has not yet been recovered. Who is behind The …
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Bank of Russia Official Optimistic About Blockchains

Vadim Kalukhov, who currently heads the Department of Financial Technologies at the Bank of Russia, has said that blockchain technology has been received very well by financial regulators across the globe, “If to speak of the technology, the regulators around the world relate to blockchains very favorably. I do not know of any country where the technology as such would be prohibited.” said Kalukhov, in an an interview with Russian …
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Bank of Russia May Allow Russian Banks to Use Blockchain Technology

The Bank of Russia’s working group on blockchain and fintech technologies – which was formed in February of this year – will be presenting their findings in June. Olga Skorobogatova, Deputy Governor of the Bank of Russia and head of the fintech working group, has previously said that global financial innovation will have material impacts the Russian financial system. According to a report by Russian news service Izvestia, the working …
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Bank of Russia Forms Fintech Group to Study Blockchains & Digital Currencies

On Sunday, the Bank of Russia issued a press release stating that a “working group” has been formed to evaluate emerging fintech innovations, with a particular focus on blockchains and distributed ledgers. The group is lead by Olga Skorobogatova, Deputy Governor of the Bank of Russia. In the press release, Skorobogatova said that that heath and future of financial markets in the country is directly influenced by the fintech movement: …
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