Russia’s parliament makes changes to its draft bill on CBDCs
The changes to the CBDC draft bill include debt operation, the Russian central bank’s participation, and the access of the digital ruble to foreigners.
The changes to the CBDC draft bill include debt operation, the Russian central bank’s participation, and the access of the digital ruble to foreigners.
May is taking a bad turn on Binance as the exchange is under investigation for violating economic sanctions against Russia, opening up another front in its long-running war against compliance.
Bank of Russia Gov. Elvira Nabiullina told members of the State Duma that the banking regulator had approved a pilot for mined digital assets to be used in settling international transactions.
After Russia invades Ukraine, sanctions are back on the agenda, and when it comes to getting around them, misuse of digital assets appears to be essential.
India and Russia should take the lead in forming a financial relationship to ultimately create a new common currency, according to State Duma Deputy Chairman Alexander Babakov.
Reports disclosed that the bill had only managed to scale through the first reading in the State Duma, the lower house of parliament, but it may be operational in May.
First Deputy Chairman of the Board of Sberbank Alexander Vedyakhin described distributed ledger technology as the future of the banking industry, and Russian banks have the chance to be pioneers in using the technology.
Moscow Credit Bank guarantee was issued on the Masterchain blockchain platform and was denominated under Chinese yuan worth around $144,600.
The British national stresses there is no truth to the allegations the U.S. throws, pointing out that information gathered by a nongovernmental organization backs his innocence.
The founders paraded Forsage as a DeFi investment platform that could give lucrative returns on deposits and claimed that the project used smart contracts to streamline processes.
For the first time, Russia will move ahead with its central bank digital currency pilot program involving 13 banks and customers, and this time, the digital ruble will be used in real transactions.
Russia is capitalizing on most countries’ anti-mining stance and is directly supporting the construction of a $12.3 million mining facility in Siberia.