Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia
President Vladimir Putin has signed into regulation a invoice on the introduction of the digital ruble within the Russian Federation. The new laws, which legalizes...
Bank of Russia Expects Significant Growth in Digital Assets Market
The Central Bank of Russia predicts a rise within the issuance of digital belongings, citing a few of their benefits. The financial authority has revealed...
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say
Bank of Russia raised its forecast for the income of Russian banks in 2023, anticipating outcomes that will break the 2021 report. This 12 months’s...
Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements
Bank of Russia is constructing a system of gateways with international cost networks and is now working with Turkey on this subject. Russia’s financial authority...
Russian Parliament Votes on Bill Opening Door for Digital Ruble
Russian lawmakers have authorised a draft legislation facilitating the implementation of the digital model of the nationwide forex, the ruble. The laws amends varied different...
Bank of Russia Registers Another Digital Asset Issuer
The Central Bank of Russia has added one other entity to its register of licensed issuers of digital monetary property. The platform, known as ‘Masterchain,’...
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs
The Central Bank of Russia has detailed two strategies for implementing the digital ruble and different state-backed cash in worldwide settlements. The financial authority additionally...
Bank of Russia to Test International Crypto Payments With Companies
The Central Bank of Russia plans to make use of cryptocurrency for cross-border funds in trials with non-public corporations, a member of its prime administration...
Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions
The Central Bank of Russia has launched measures to guard entities working with digital belongings from sanctions pressures. These companies will likely be exempted from...
Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto
The Central Bank of Russia helps the event of digital monetary property however stays against legalizing crypto funds, its high administration has reiterated. The financial...