Digital Ruble

CBDCs could end SWIFT, Russia’s central bank executive says
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14 July, 2023

CBDCs could end SWIFT, Russia’s central bank executive says

First Deputy Governor of the Bank of Russia Olga Skorobogatova said the digital ruble project will advance in stages, modeled...
Russia’s CBDC initiative to target foreign access following proposed amendments
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30 May, 2023

Russia’s CBDC initiative to target foreign access following proposed amendments

Russia's CBDC pilot program was pushed back to July following the decision of the State Duma Committee to amend the...
Republic of Belarus to launch pilot program for CBDC: National bank chairman
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22 April, 2023

Republic of Belarus to launch pilot program for CBDC: National bank chairman

The central bank confirmed that it had started the process for the development of a demo version to look into...
Russia wants BRICS nations to explore new trade currency
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4 April, 2023

Russia wants BRICS nations to explore new trade currency

India and Russia should take the lead in forming a financial relationship to ultimately create a new common currency, according...
Plans for Russia’s digital ruble pilot delayed indefinitely
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2 April, 2023

Plans for Russia’s digital ruble pilot delayed indefinitely

Reports disclosed that the bill had only managed to scale through the first reading in the State Duma, the lower...
Bank of Russia to pilot digital ruble with real transactions in April
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24 February, 2023

Bank of Russia to pilot digital ruble with real transactions in April

For the first time, Russia will move ahead with its central bank digital currency pilot program involving 13 banks and...