in services will now allow Russians to be able to pay their bills with bitcoin, however, when the customer wants to pay with bitcoin the service immediately
exchanges them for rubles and automatically pays the bill.
Right now you can't spend bitcoin or
exchange it for ruble.»
Not exact matches
For years, writing contracts to exchange rubles for dollars at an unrealistically low dollar - rate was a no - lose propositi
For years, writing contracts to
exchange rubles for dollars at an unrealistically low dollar - rate was a no - lose propositi
for dollars at an unrealistically low dollar - rate was a no - lose proposition.
The banks wrote contracts to
exchange rubles for dollars at some future date (normally three months) at the existing rate.
The Bank has become a clearing house
for the majority of domestic banks in foreign
exchange settlements and a key service provider
for banks in CIS countries and Baltic States in Belarusian
ruble payments.
Holders of the digital asset will be allowed to
exchange it
for Russian
rubles at any time.
Just last week, the company saw record transactions when over 250 million
rubles were
exchanged for everybody's favorite digital currency, equaling nearly $ 4 million in USD.
Lithuania - Euro (EUR) Latvia - Euro (EUR) Estonia - Euro (EUR) Russia -
Ruble (RUB) As currency
exchange rates can fluctuate often we ask that you refer to the following website
for daily
exchange rates: www.xe.com Tipping: It is customary in Europe to leave a small tip
for service providers, such as waiters, if you are pleased with the service ($ 1 - 2).
According to Russian financial authorities, the Finance Ministry stands
for allowing cryptocurrencies to be
exchanged in
rubles and foreign currency, while the Central Bank is against it.
CryptoRuble will reportedly be controlled by the state and can be
exchanged for regular
Rubles.
Holders of the digital asset will be allowed to
exchange it
for Russian
rubles at any time.
The Russian Central Bank doesn't what to legalize cryptocurrency
exchange operations involving
ruble as this may «open up new possibilities
for unfair market participants and create substantial risks
for the financial system stability.»
Instead of pursuing an all - out ban, the Kremlin is looking to centralize crypto mining and allow citizens to
exchange digital assets
for Russian
rubles.
These cryptocurrencies can be
exchanged for US dollars, Ukrainian hryvnias and Russian
rubles.
24XBTC also
exchanges fiat currencies, proposing hryvnias
for rubles or dollars
for hryvnias.
The provision by Russian legal entities of services
for exchanging «virtual currencies»
for rubles and foreign currency, as well as
for goods (work, services) is considered as a potential involvement in the implementation of questionable transactions in accordance with the legislation on combating the legislation (laundering) of proceeds from crime, and the financing of terrorism,» reads the statement.
The draft law allows
exchange of digital tokens or cryptocurrency
for rubles or foreign currency only through special operators, including brokers and special platforms.
The draft law allows to
exchange digital tokens or cryptocurrency
for rubles or foreign currency only through special operators, including brokers and special platforms.
Exchanging cryptos
for rubles, foreign fiat, or other property is the «Apple of Discord», however.
Under the draft, virtual currencies and initial coin offerings (ICO), as well as mining will already be allowed in the country, while
exchanges can trade
rubles for cryptocurrencies.
Furthermore, ICOs will only be able to be held in
exchange for the Russian
Ruble and not any other cryptocurrency.
As
for cryptocurrencies and tokens
exchanged for other cryptocurrencies,
Rubles and foreign currencies, Minfin claims to protect the rights of unqualified investors by allowing trading only via authorized cryptocurrency
exchange operators.