Russian president Vladimir Putin is still skeptical about cryptocurrencies, he said Thursday.
Two financial institutions are set to test a regulatory platform set up by the Bank of Russia that aims to make ICOs more transparent and secure.
Russia's state-owned Gazprombank is reportedly looking into facilitating cryptocurrency transactions through a Swiss subsidiary.
Russia is reportedly hoping to pass long-discussed new cryptocurrency legislation by July 1, a report suggests.
Russian president Vladimir Putin believes that legislation laying out rules for the country’s cryptocurrency sector will be needed in the future.
Prosecutors in the Russian state of Tatarstan have issued a warning to a local businessman about two bitcoin ATMs.
An official from Russia's central bank has said his institution will back efforts to block access to websites selling cryptocurrencies in the country.
Russia's deputy prime minister has spoken about the government's possible use of blockchain for state services.
Russia's cryptocurrency bill is expected to be completed by October, according to a senior government official.
Russian Finance Minister Anton Siluanov said his department will regulate the use of cryptocurrencies in the country by the end of 2017.