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Russia

Russia exploring CBDC for settlements of real estate deals
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30 June, 2022

Russia exploring CBDC for settlements of real estate deals

Testing state-backed digital currency for real estate settlements is already ongoing, along with testing for use in making regular payments...
Russia’s CBR governor endorses digital currencies for use in international settlements
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22 June, 2022

Russia’s CBR governor endorses digital currencies for use in international settlements

Elvira Nabiullina remarks indicates that Russia may soon roll out its support for digital currencies in international settlements as the...
Russia’s Sber bank first digital assets transaction scheduled for July
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19 June, 2022

Russia’s Sber bank first digital assets transaction scheduled for July

Sber—formerly Sberbank—is set to begin issuing and trading digital financial assets on its in-house digital assets platform, with first transaction...
Russian bill banning use of digital assets as payment passes first reading
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18 June, 2022

Russian bill banning use of digital assets as payment passes first reading

The bill proposes to directly prohibit the use of digital financial assets and utilitarian digital rights as a payment method...
Lithuanian government approves tightening of digital currency regulations
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15 June, 2022

Lithuanian government approves tightening of digital currency regulations

The proposals in the law include a tightening of the guidelines for user identification and a ban on anonymous accounts,...
Russian state-owned company builds blockchain-based replacement for SWIFT
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12 June, 2022

Russian state-owned company builds blockchain-based replacement for SWIFT

Rostec, a state-owned defense conglomerate in Moscow, has announced that it has developed a blockchain platform that can be used...
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