2023-2-17 16:49 |
Russia’s central bank is preparing to launch the first consumer pilot for the digital ruble in collaboration with 13 local banks. origin »
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Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year.
2022-9-27 11:11 | |
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The Bank of Russia has started conducting trials for its own CBDC. The announcement coincides with the central bank’s plans to launch the CBDC project’s pilot phase in early 2022. Despite President Vladimir Putin’s request that his government and central bank work out an uniform regulatory framework for crypto assets rather than a complete prohibition, […]
2022-2-16 10:22 | |
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The proposed cryptocurrency legislation in Russia could change a lot, now that a new bill for tokenization has been filed. On February 17, the Central Bank of Russia (CBR) has made the announcement that it has completed a blockchain tokenization pilot program.
2020-2-17 20:42 | |
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In an announcement dated February 17, 2020, the Central Bank of Russia (CBR) stated that it had successfully completed a blockchain tokenization pilot using a platform developed by Nornickel within its regulatory sandbox.
2020-2-17 20:00 | |
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Russia may soon have a legal framework for asset tokenization in place following a successful pilot by major mining firm Nornickel
2020-2-18 14:06 | |
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Waves is partnering up with Rosseti, Russia’s national energy grid operator, to put the sector on blockchain rails. First results are successful. Will the pilot go nationwide?
2019-12-14 06:26 | |
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Gazprom, a leading oil and gas company run by the Russian government, has announced the completion of a blockchain pilot that would enable the firm to use the nascent technology for recording gas contract details, reports local news source, Vestifinance on April 4, 2019.
2019-4-6 15:00 | |
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IBM and Maersk’s blockchain shipping solution will reportedly be trialed in Russia's second largest port following the Ministry of Transport’s approval
2019-2-27 02:20 | |
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The Czech National Bank, the central bank of the Czech Republic, has established a $1 million digital asset portfolio pilot, with plans to hold Bitcoin, a stablecoin and tokenized asset.
Despite growing buzz around crypto, only 3% of central banks plan to hold Bitcoin reserves over the next decade, according to OMFIF’s latest survey. Bitcoin (BTC) may be gaining traction globally, but only a sliver of central banks are planning…
Cecilia Skingsley will leave her role as head of the BIS Innovation Hub next month, cutting short her five-year term by two years amid a broader leadership reshuffle at the central bank body. The Bank for International Settlements digital currency…
The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case. In a press release on Nov. 19, Brazil’s central bank announced it…
According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)…
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.