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Russia

Russia’s largest commercial bank allows customers access to tokenized assets
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17 June, 2023

Russia’s largest commercial bank allows customers access to tokenized assets

Russian banking giant Sberbank’s new offering will commence before the end of June and will cater to the needs of...
Rosbank to allow use of digital currencies in settling cross-border transactions
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11 June, 2023

Rosbank to allow use of digital currencies in settling cross-border transactions

Russia pushes ahead with using digital currencies amid economic sanctions, with Rosbank devising plans to use them as cross-border transactions...
Georgian banking regulator to tighten AML screws for digital currency firms
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6 June, 2023

Georgian banking regulator to tighten AML screws for digital currency firms

Acting Governor of the NBG Archil Mestvirishvili confirmed that the Georgian central bank would float new anti-money laundering (AML) directives...
Russian gov’t shelves plan for national digital currency exchange
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3 June, 2023

Russian gov’t shelves plan for national digital currency exchange

The previous national digital currency exchange plans drew criticisms over its infrastructure risks and antitrust issues, as well as privacy...
Russia’s CBDC initiative to target foreign access following proposed amendments
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30 May, 2023

Russia’s CBDC initiative to target foreign access following proposed amendments

Russia's CBDC pilot program was pushed back to July following the decision of the State Duma Committee to amend the...
Russia’s parliament makes changes to its draft bill on CBDCs
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28 May, 2023

Russia’s parliament makes changes to its draft bill on CBDCs

The changes to the CBDC draft bill include debt operation, the Russian central bank’s participation, and the access of the...
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