Search Results for: digital ruble

Russian banks want legislation to prevent compulsory digital ruble usage
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11 August, 2023

Russian banks want legislation to prevent compulsory digital ruble usage

Although Russia has said the digital ruble will be optional, banks want that embedded in legislation as they say their...
Bank of Russia: Digital ruble is not compulsory
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4 August, 2023

Bank of Russia: Digital ruble is not compulsory

Even though the use of the digital ruble remains voluntary, the Bank of Russia’s law on the CBDC is being...
Putin signs digital ruble bill into law, enabling CBDC in Russia
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27 July, 2023

Putin signs digital ruble bill into law, enabling CBDC in Russia

Under the newly signed law, the Bank of Russia is tasked with storing digital ruble assets and will be the...
Russia passes CBDC legislation as digital ruble pilot prepares for takeoff
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20 July, 2023

Russia passes CBDC legislation as digital ruble pilot prepares for takeoff

The CBDC bill, supporting the creation of a digital ruble pilot, amended certain parts of the Russian civil code and...
Plans for Russia’s digital ruble pilot delayed indefinitely
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2 April, 2023

Plans for Russia’s digital ruble pilot delayed indefinitely

Reports disclosed that the bill had only managed to scale through the first reading in the State Duma, the lower...
Bank of Russia to pilot digital ruble with real transactions in April
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24 February, 2023

Bank of Russia to pilot digital ruble with real transactions in April

For the first time, Russia will move ahead with its central bank digital currency pilot program involving 13 banks and...
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