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Bank of Russia

Russia’s largest lender Sberbank joins CBDC pilot
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15 January, 2025

Russia’s largest lender Sberbank joins CBDC pilot

Sber was excluded from the first pilot in August 2023 but joined the latest batch, with the largest digital bank,...
Russia now treats digital assets as property as CBDC faces delay
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5 December, 2024

Russia now treats digital assets as property as CBDC faces delay

Russia's new law caps the tax on digital asset profits at 15%; meanwhile, the Trade Ministry argues that retail outlets...
Australia mulls tax reform; Bank of Russia prepares for shakeups
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3 December, 2024

Australia mulls tax reform; Bank of Russia prepares for shakeups

Australia is eyeing to adopt the OECD framework to bolster efforts against digital asset crimes; elsewhere, the Bank of Russia...
Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite
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8 July, 2024

Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite

Bank of Russia said it had softened its stance on digital asset payment due to sanctions but admitted that the...
Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia
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16 April, 2024

Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia

Governor Elvira Nabiullina says that the digital ruble needs to be the most convenient payment method for individuals and businesses...
Russia: New law greenlights digital assets use for cross-border payments
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16 March, 2024

Russia: New law greenlights digital assets use for cross-border payments

The provisions of the newly minted law reveal that only tokenized assets issued by the Bank of Russia are authorized...
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