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Tag: bank of russia

Russia Discusses Testing Digital Ruble for Budget Payments

The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The...

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Donald Trump Vows to Prevent the Creation of a CBDC in the US if Elected

Former United States President Donald Trump, who is once again vying to re-enter the White House, has criticized central bank digital currencies (CBDCs),...

Russia’s Exved launches cross-border crypto payments with Tether’s USDT

The platform supports Tether’s USDT stablecoin. Exved has garnered regulatory approval from the Bank of Russia and...

Russia’s Central Bank Paves Way for Nationwide Adoption of CBDC by 2025

The Bank of Russia is contemplating 2025 to be the year when the digital ruble, the local central bank digital currency (CBDC), may...

Digital Ruble Pilot Set in Motion, Russia CBDC Trials Begin

Russia begins CBDC trials using digital rubles with 13 banks. Pilot assesses functionality, user experience, and wider adoption potential. President Putin’s approval of the...

13 Russian Banks Will Kickstart Digital Ruble Trial

Share this article URL Copied The Bank of Russia has officially unveiled its pilot trials for the nation’s prospective CBDC, the digital ruble, according...

13 banks to participate in Russia’s CBDC pilot program

The pilot program will start on August 15, 2023. 13 Russian banks will participate in the pilot...

Brazilian CBDC gets official name and logo

Brazilian central bank digital currency (CBDC), previously commonly referred to as “digital real”, gets its official brand name. It would be called Drex. On August...

Russia to Charge Commissions on Digital Ruble Transactions from 2025

The Bank of Russia yesterday (Thursday) revealed further details on its central bank digital currency (CBDC), including the symbol of the digital ruble and...

Russian Introduces A Third Form Of Currency As Putin Signs Digital Ruble Into Law

Russia is progressing with its central bank digital currency (CBDC). President Vladimir Putin has endorsed the digital ruble bill, signing it into law on...

Russian President Vladimir Putin Approves Digital Ruble Bill 

Russian President Vladimir Putin signed the digital ruble bill into law on July 24. The Russian government’s central bank will be in charge of...

Putin Approves Law on Digital Rubble

Vladimir Putin, the President of Russia, has ratified a law that introduces digital rubble, the country’s central bank digital currency (CBDC), according to an official government document...

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