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Bank of Russia to Launch Digital Ruble Prototype by End of Year
21.5.2021
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on...
21% of Muscovites think crypto and digital currencies will replace fiat in ten years
28.4.2021
According to a recent poll, 14% of Russians think crypto will replace fiat in 10 years, while 39% think it's impossible to give up cash
Digital ruble is ‘highest form of money’, Russian Bitcoin critic says
30.3.2021
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted
Russia Wants to Use the Digital Ruble to Power its USD Purge
30.3.2021
The politician charged with putting together Russia’s crypto regulation legislation and forming the nation’s financial policy has spoken about the need to purge the United States dollar from the economic system – and has called the forthcoming digital ruble a “higher form of money.”
Speaking in...
Bank of Russia to start digital ruble trials in 2022
11.3.2021
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021
Russia’s Digital Ruble Model to Get Bank-Friendly Redesign
18.2.2021
Banks had feared being drained of liquidity under the original concept for the digital currency
Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble
16.2.2021
Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers
Russian mobile carriers consider smartphone integration for digital ruble
16.2.2021
Russian wireless service providers MegaFon and Beeline proposed to link digital ruble wallets on smartphones to user's phone numbers
Digital ruble could be still vulnerable to fraud, Russian banks warn
13.1.2021
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble
Digital Currencies Could Outshine SWIFT System, Says Central Bank of Russia’s Deputy Governor
29.12.2020
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies challenging the SWIFT international payments system and make it redundant. Digital Currencies Could Challenge SWIFT System...
Sberbank Urges Central Bank to Reconsider Digital Ruble Issuance Plans
16.12.2020
The state-controlled commercial bank Sberbank has expressed fears that the Russian Central Bank’s “digital ruble” plans will have a negative effect on liquidity in the nation.
The Central Bank has accelerated its plans to roll out a central bank digital currency (CBDC) with a pilot slated for next...
Give Commercial Banks More Power over Digital Ruble – Industry Leader
9.12.2020
Commercial banks should be the gatekeepers of the digital ruble: This was the message from a Russian crypto and blockchain industry group chief – as the nation’s Central Bank gears up to launch a pilot for its forthcoming digital currency.
Russia is just one of the many nations now engaged in...
Digital ruble will undercut bank profits but help businesses: Bank of Russia
7.12.2020
Russia's central bank wants the digital ruble to help businesses by cutting out financial middlemen
Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’
4.12.2020
Russian cryptocurrency and blockchain association warns the Bank of Russia against the excess centralization of the digital ruble
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC
1.12.2020
Russian banks and financial brokers are worried the digital ruble will be a burden for them
Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
27.11.2020
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report
Digital ruble must ensure privacy, not anonymity: Russia’s central bank
23.10.2020
Russia’s digital ruble will not have the same level of anonymity as cash, says official
Digital Ruble ‘Promising,’ Pilot Likely in 2021, Says Bank of Russia Chief
23.10.2020
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said
Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency
20.10.2020
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
19.10.2020
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions