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