Bank of Russia Accelerates Schedule for Digital Ruble Project
The Central Bank of Russia continues to step up efforts to check and situation the digital ruble, with a roadmap for the complete implementation of...
Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says
Cryptocurrencies can be utilized for worldwide funds in the event that they don’t penetrate the Russian monetary system, the top of Bank of Russia has...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions
The Central Bank of Russia (CBR) has accelerated the event of its digital ruble in response to Western sanctions. The financial authority now intends to...
Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets
The Central Bank of Russia has lately proposed authorizing conventional inventory exchanges to function within the digital property market. Industry watchers say the regulator goals...
Bank of Russia to Pilot Digital Ruble Settlements in 2023
Russia’s financial authority intends to conduct the primary settlements with the digital ruble subsequent yr, its governor introduced this week. Speaking to Russian lawmakers, the...
Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
The Central Bank of Russia has emphasised the significance of transferring ahead with its digital ruble undertaking. According to an announcement by a high consultant,...
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists
The unfold of cryptocurrencies brings important dangers for Russia’s financial system, monetary stability, and nationwide fiat, the financial authority in Moscow has reiterated. The central...
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
The Central Bank of Russia has turned down a proposal to permit using digital currencies for the aim of sanctions evasion. The financial authority believes...
Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills
The Russian Ministry of Finance has proposed the adoption of two items of laws geared toward regulating cryptocurrencies. The drafts shall be offered for public...
Bank of Russia Reports First Successful Digital Ruble Transfers Between Users
Testing of the digital ruble has began in Russia with the nation’s central financial institution asserting the primary full transactions between particular person wallets. The...