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Bank of Russia Registers Another Digital Asset Issuer
13.3.2023
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number...
Russian bank issues first on-chain bank guarantee in Chinese yuan
2.3.2023
The transaction was performed through the Masterchain blockchain platform, which is the Russian national blockchain network
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
2.3.2023
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s...
Russia’s second largest bank VTB pilots bank guarantees on blockchain
21.12.2020
Major Russian bank VTB uses a central bank-backed blockchain to issue bank guarantees to local cellular network giant MTS
Russia’s FSB Is Making Life Harder for Blockchain Companies
23.7.2020
The FSB, Russia’s security agency, wants blockchain companies to certify with them. This could push foreign companies out of the market
Bank of Russia Wants to Put Mortgage Issuance on a Blockchain
28.5.2020
Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto
Russia’s Largest Bank Is Quitting Central Bank’s Blockchain Project
2.7.2019
Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is quitting in frustration