Digital Ruble

Russia’s CBDC pilot hits 25,000 transaction mark
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8 March, 2024

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 moves ahead with plans to tokenize digital assets for cross-border trade
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2 March, 2024

Russia moves ahead with plans to tokenize digital assets for cross-border trade

The State Duma Committee has issued a green light for the proposed digital assets bill to proceed for a second...
Bank of Russia eyes direct support line for retail CBDC users
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9 February, 2024

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
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6 February, 2024

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
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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
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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...