Russia

Iran, Russia cooperating on CBDC and tokenized assets
-
9 May, 2024

Iran, Russia cooperating on CBDC and tokenized assets

Iran’s trade attaché at the embassy in Moscow recently confirmed that Russia and Iran are working on a CBDC as...
BRICS still intent on a common currency, but the process is complex: Russia
-
2 May, 2024

BRICS still intent on a common currency, but the process is complex: Russia

Russia’s Deputy Foreign Minister Sergei Ryabkov noted that the common currency process hadn’t been shelved but acknowledged that it has...
BRICS countries consider blockchain-based stablecoin settlements
-
25 April, 2024

BRICS countries consider blockchain-based stablecoin settlements

The U.S. dollar could face an enormous challenge as the BRICS alliance eyes the use of stablecoins for settlements in...
Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia
-
16 April, 2024

Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia

Governor Elvira Nabiullina says that the digital ruble needs to be the most convenient payment method for individuals and businesses...
Russia: New law greenlights digital assets use for cross-border payments
-
16 March, 2024

Russia: New law greenlights digital assets use for cross-border payments

The provisions of the newly minted law reveal that only tokenized assets issued by the Bank of Russia are authorized...
BRICS eye stifling US dollar influence with blockchain-based payment system
-
9 March, 2024

BRICS eye stifling US dollar influence with blockchain-based payment system

Russia is reportedly banking on the planned blockchain-based payment system to reduce the U.S. dollar's global influence, seeking help from...
Advertisement