digital ruble News
Latest digital ruble News
Crypto’s largest centralized exchange reportedly plans to end its partnership with Advance Cash, a Central American-based payment processor facilitating ruble transactions for Binance users.
The move is expected to help Russia’s economy evade sanctions and do business bypassing SWIFT. The Bank of Russia has started working on a regulatory framework to allow foreign banks to open accounts to access the digital ruble, Russia’s version…
The Central Bank of Russia also hopes to interlink its CBDC with the payment systems of China, India, and the UAE. Russia’s central bank is considering 2025 as the year when its digital ruble (a local central bank digital currency,…
Russian President Vladimir Putin signed the digital ruble bill into law on July 24. President Vladimir Putin had given his official approval, signing the digital ruble bill into law, and thus, putting Russia on track with its central bank digital…
A group of Russian legislators, headed by Anatoly Aksakov have proposed draft legislation to create the digital Ruble that the Bank of Russia will issue.
The head of the Russian Central Bank, Elvira Nabiullina, has confirmed that digital ruble trials will begin in 2022. Earlier, the central bank of the country expressed its intention to start testing a CBDC in April. Digital financial assets are…