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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
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...
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