Category: Bank of Russia

The Bank of Russia's central bank digital currency (CBDC) pilot, which was scheduled to begin on April 1, has been delayed indefinitely due to specific legislation only passing through the…

The first consumer pilot for the nation's central bank digital currency (CBDC) will be rolled out by the Bank of Russia on April 1, 2023, as part of preparations for…

Gazprombank, which is an unit of the main Russian government-owned gas business, Gazprom, has openly recommended that banks be given extra time before the implementation of the digital currency. Because…

The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs). The Central Bank of Russia…

Binance cryptocurrency exchange has joined the Association of Russian Banks (ARB), which arguably bolsters its relationship with top financial institutions in the country. As reported by a local media outlet,…

The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for a functional Central Bank Digital Currency (CBDC) for the country.…

The bearish stance of the Bank of Russia has not in any way deterred its citizens from transacting with digital currencies. A new review on financial stability published by the…

In line with the development of its Central Bank Digital Currency (CBDC), dubbed the Digital Rubble, the Central Bank of Russia is set to launch a prototype platform for the…

Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by…

The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of…