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Tag: bank of russia

Binance Lifts Ban On Russian Users, But Not On P2P

Binance lifted some restrictions on Russian users. The exchange claims it is still abiding by EU sanctions.  Russian users still can’t access Binance’s P2P...

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to...

Russia to Work With Digital Currencies of Other Nations

The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms...

Russia’s Shocking Crypto U-Turn: Welcoming Digital Currencies for Foreign Trade?

Central Bank explores crypto settlements Experiment targets foreign structures New institutions to handle mining In a controversial move, Elvira Nabiullina, Chairman of the...

Bank of Russia Analysts Note Ditching US Dollar Is ‘Hardly Possible’ Without Structural Changes to Foreign Trade

A report from the research department of the Bank of Russia shows that, due to the structure of foreign trade contracts, it will...

Bank of Russia Delays CBDC Pilot Rollout

The Bank of Russia's central bank digital currency (CBDC) pilot, which was scheduled to begin on April 1, has been delayed indefinitely due to...

Russia Postpones CBDC Launch: Banks Willing to Start Experiment

Russia has postponed the launch of its pilot project with the digital ruble to early May. The decision is to launch the digital ruble...

Bank of Russia Registers Another Digital Asset Issuer

The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’...

Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin

Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following...

Iran Completes Pre-Pilot Phase for Digital Rial

Iran's Central Bank is making progress with its plans to launch a digital version of the national currency, the rial. The Central Bank of...

Bank of Russia to Start Testing Digital Ruble With Real Users on April 1

The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More...

Bank of Russia to Debut Digital Ruble in April 2023

The first consumer pilot for the nation's central bank digital currency (CBDC) will be rolled out by the Bank of Russia on April 1,...

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