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Russia

Russia to push ahead with CBDC pilot launch amid public concern
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15 August, 2023

Russia to push ahead with CBDC pilot launch amid public concern

As Russia prepares its digital ruble pilot, concerns arise over privacy and the CBDC's potential implications to the financial landscape,...
Bank of Russia unveils logo and commission fees for digital ruble: report
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12 August, 2023

Bank of Russia unveils logo and commission fees for digital ruble: report

Starting in 2025, business-to-business transactions involving the digital ruble will have a 15 rubles ($0.16) charge, while individuals will only...
Russian banks want legislation to prevent compulsory digital ruble usage
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11 August, 2023

Russian banks want legislation to prevent compulsory digital ruble usage

Although Russia has said the digital ruble will be optional, banks want that embedded in legislation as they say their...
Bank of Russia: Digital ruble is not compulsory
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4 August, 2023

Bank of Russia: Digital ruble is not compulsory

Even though the use of the digital ruble remains voluntary, the Bank of Russia’s law on the CBDC is being...
Putin signs digital ruble bill into law, enabling CBDC in Russia
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27 July, 2023

Putin signs digital ruble bill into law, enabling CBDC in Russia

Under the newly signed law, the Bank of Russia is tasked with storing digital ruble assets and will be the...
Russia passes CBDC legislation as digital ruble pilot prepares for takeoff
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20 July, 2023

Russia passes CBDC legislation as digital ruble pilot prepares for takeoff

The CBDC bill, supporting the creation of a digital ruble pilot, amended certain parts of the Russian civil code and...
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