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Bank of Russia pursues digital ruble launch by July 2025

News | Cryptocurrencies | 01 Aug 2024

Bank of Russia has set out to launch its central bank digital currency, known as the digital ruble, by July 2025, following successful pilot tests.

stablecoin, CBDC, digital currency, digitalisation, central bank

Russia passes a bill giving legal authority to its CBDC

News | Cryptocurrencies | 20 Jul 2023

Russia’s Federation Council has recently passed a bill that grants legal authority to the country’s central bank digital currency (CBDC).

cryptocurrency, CBDC, central bank, regulation

Russia's digital rouble will be able to interact with other CBDCs

News | Cryptocurrencies | 24 Apr 2023

The Bank of Russia has revealed that the digital rouble platform will support interactions with other central bank digital currencies (CBDCs).

cryptocurrency, CBDC, central bank, digital assets

Russia considers using digital assets for cross-border payments

News | Cryptocurrencies | 24 Apr 2023

The parliament of Russia has published a draft law that considers using digital assets for cross-border payments in a bid to overcome sanctions.

cross-border payments, digital assets, digital payments, regulation

Payment System Entities receive Bank of Russia support in 2023

News | Online Payments | 03 Jan 2023

The Bank of Russia has announced that it would extend its support package for National Payment System (NPS) entities in 2023.

payment processing, central bank, financial sanctions, payments