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Central Bank of Russia

Russia pushes plans for digital ruble to replace SWIFT
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3 July, 2022

Russia pushes plans for digital ruble to replace SWIFT

Olga Skorobogatova, first deputy chairman of the CBR, said the time horizon for a fully fleshed out and functioning digital...
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...
Russian minister expects digital currency legalization soon
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24 May, 2022

Russian minister expects digital currency legalization soon

The central bank and the Russian government are fully engaged in drafting regulations for digital currencies; it is now a...
Russia on track to launch digital ruble pilot phase by 2023
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26 April, 2022

Russia on track to launch digital ruble pilot phase by 2023

Central Bank of Russia President Elvira Nabiullina revealed that by 2023, the digital ruble would be launched on a pilot...
Russia’s Ministry of Finance submits digital currency regulatory proposals
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3 February, 2022

Russia’s Ministry of Finance submits digital currency regulatory proposals

The Russian central bank recently proposed a ban on digital currency, but the Finance Ministry believes that thousands will lose...
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