2023-5-24 20:41 |
Lawmakers in Russia have put forward amendments to the digital ruble bill, including changes to debt operations, services for non-residents, and the role of the central bank. origin »
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The majority of Russian citizens seem to have no interest or trust in the Russian central bank digital currency (CBDC), according to two recent consumer surveys. This comes days after the Bank of Russia (BoR) unveiled the digital ruble’s official logo and commission fees.
2023-8-10 04:00 | |
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Russia is progressing with its central bank digital currency (CBDC). President Vladimir Putin has endorsed the digital ruble bill, signing it into law on July 24. As a result of this approval, the digital ruble law is officially set to take effect starting from August 1, 2023.
2023-7-25 23:30 | |
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Russian President Vladimir Putin signed a law introducing a central bank digital currency (CBDC), the Digital Ruble, and creating an electronic platform for its use, local media Tass reported on July 24, citing official documents.
2023-7-25 22:31 | |
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First Deputy Governor Olga Skorobogatova said that a digital Ruble prototype will be created in December at a press conference. The asset, based on Distributed Ledger Technology, will likely use open source code that will have centralized control under the bank.
2021-4-9 11:44 | |
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On the heels of new crypto legislation, Russia’s largest (and state-owned) bank is considering launching its own stablecoin to simplify blockchain transactions. A Stable Ruble Sergei Popov, director of Sberbank’s Transactions Business department, has raised the possibility of the issuance of digital tokens.
2020-8-5 18:59 | |
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Sberbank may issue a digital token pegged to the Russian ruble for settlements on transactions with digital financial assets. The decision will be made closer to 2021, when the cryptocurrency legislation will come into force in Russia.
2020-8-9 16:59 | |
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Binance has enabled instant card purchases of four major digital currencies with the Russian ruble
2020-2-5 16:04 | |
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Russia won’t officially legalize digital currencies in the near future, according to the conclusions of the participants of a “round table” dedicated to crypto regulation. Issuance of Anything Besides Ruble is Still Illegal On Thursday, July 25, a panel of Russian officials and experts discussed the regulation of cryptocurrency.
2019-7-26 18:00 | |
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LocalBitcoins, the Finland-based peer to peer cryptocurrency exchange, announced earlier this month that trading in a country’s national fiat currency will be disallowed, leading many in the community to believe that countries not on the frontlines of the digital asset world would be hit the hardest.
2019-6-24 16:00 | |
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The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat.
2019-2-6 10:15 | |
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Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble ‘Will Not Differ’ From Fiat Ruble Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the forecast speaking to local news outlet RIA Novosti.
2019-1-15 16:00 | |
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Anatoly Aksakov, the chairman of Russia’s State Duma Committee on Financial Markets, has affirmed that a state-backed stablecoin would necessarily be the equivalent to a digital fiat currency in digital space that would be state-operated.
2018-12-4 11:00 | |
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The Bank of Russia has approved a new rule that will allow banks to block operations with digital rubles for days if they appear to be linked to fraud. The Bank of Russia has introduced new rules requiring banks to…
Russia is actively using Bitcoin and other cryptocurrencies to counteract the impact of Western sanctions on its economy, Reuters reported on Dec. 25. The report cited Finance Minister Anton Siluanov, who recently stated that Russian companies have begun to utilize digital currencies, particularly Bitcoin mined within the country, for international transactions.
Russia’s central bank is set to develop a new platform that would help it crack down on illegal crypto OTC services and suspicious financial activities. The central bank of Russia is reportedly planning to create a new platform aimed at…
Russia has introduced a regional ban on Bitcoin mining, set to begin on Jan. 1, 2025, and remain in effect until March 15, 2031, local Russian media outlet Tass reported on Dec. 24. According to the report, The decision affects ten regions, including Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, the Donetsk and Lugansk People’s […] The post Russia to limit mining in energy-strapped regions until 2031 appeared first on CryptoSlate.
Russia's Gov't has published a draft resolution on banning or providing restrictions on mining locally. The ban will take effect on Jan. 1, 2025, and run until Mar. 15, 2031.
Elvira Nabiullina, Governor of the Central Bank of Russia, reaffirmed the institution’s position against the use of cryptocurrencies for domestic payments. Speaking at a recent press conference, Nabiullina stated, “We continue to believe that cryptocurrencies should not be used as…
Russia is considering establishing strategic Bitcoin reserves to fortify its economy against Western sanctions and growing geopolitical pressure, a move that could accelerate a global trend of governments turning to cryptocurrencies for financial resilience.