digital ruble Archives

digital ruble

20 January, 2024

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,...

Bank of Russia extends digital ruble pilot completion to 2025

Business

Wahid Pessarlay

20 December, 2023

Bank of Russia extends digital ruble pilot completion to 2025

The Bank of Russia's digital ruble experiments will not launch before 2025 as the central bank continues to test a...

Russian lawmakers mull wholesale CBDC amid retail pilot launch

Business

Wahid Pessarlay

25 November, 2023

Russian lawmakers mull wholesale CBDC amid retail pilot launch

For Russian financial institutions to circumvent Western-backed economic sanctions since its invasion of Ukraine, Russian deputies are pushing for wholesale...

Business

Wahid Pessarlay

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,...

Business

Wahid Pessarlay

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

Business

Steve Kaaru

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...

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Steven Stradbrooke

5 Nov 2024

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