
Digital Ruble
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4 October, 2022
Russia eyes use of digital ruble in transacting with China
As the U.S. fortifies its grip on the global financial system, Russia targets to give sanctions-hit countries an opportunity to...
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12 September, 2022
Russia’s Finance Ministry eyes collaboration with other countries on stablecoin settlement platform
To counter sanctions, Russia is looking to set up a stablecoin platform with help from allies to settle cross-border payments,...
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16 July, 2022
Russia’s central bank opposes ‘overly risky’ private stablecoins
The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
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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...
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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...
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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...