As Russia's cryptocurrency bill inches towards being finalized, a government official has suggested that trading might be allowed.
The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said.
The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency.
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.