Bank of Russia
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...
Russia’s CBDC pilot hits 25,000 transaction mark
Seven months after its introduction, Russia's digital ruble pilot has recorded 25,000 transactions, with the upcoming project with fellow BRICS...
Russia BRICS Bridge eyed for cross-border payments with China, Gulf countries
The proposed BRICS Bridge system draws inspiration from the BIS-backed mBridge platform, with China and the United Arab Emirates already...
Bank of Russia eyes direct support line for retail CBDC users
Since mid-2023, the Bank of Russia has been experimenting with its central bank digital currency, the digital ruble, and a...
Bank of Russia onboards more commercial banks for digital ruble pilot
Russia’s CBDC pilot is expected to will gather a larger pool of merchants and participants following the onboarding of over...
Russia pushing pensioners to ‘digital ruble trap,’ economist says
Alexander Razuvaev says that while it’s being framed as optional, the digital ruble will become mandatory for all pension payments,...
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