Russia Developing Sandbox for Cross-border Crypto Payments
An institute facilitating Russian exports is now engaged on the institution of a sandbox for worldwide crypto funds, native media reported. The purpose is to...
Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro
Eurozone’s financial authority, the Eurosystem, is seeking to enlist monetary firms keen to develop front-end options for the digital euro. The plan is to hold...
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,...
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...
European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year
The govt arm of the EU is gearing as much as begin public consultations on the digital euro mission subsequent month. The European Commission may...
Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests
A brand new Russian regulation might oblige potential crypto traders to take a check earlier than being allowed to buy digital belongings over a sure...
Russian Banks Begin Testing Digital Ruble Payments
Banks in Russia are making ready to dive into the pilot part of the digital ruble mission and a few are already testing transactions with...
Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says
Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently...
Digital Ruble Should Not Boost Inflation, Bank of Russia Says
Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the...