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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’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
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
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
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