Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia
Governor Elvira Nabiullina says that the digital ruble needs to be the most convenient payment method for individuals…
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digital ruble
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Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years
Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble…
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…
Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions
A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble…
Russia’s CBDC pilot hits 25,000 transaction mark
Seven months after its introduction, Russia’s digital ruble pilot has recorded 25,000 transactions, with the upcoming project with…
Russian Digital Ruble Pilot ‘on Track,’ Registers About 25K Transactions
Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital…
Russia moves ahead with plans to tokenize digital assets for cross-border trade
The State Duma Committee has issued a green light for the proposed digital assets bill to proceed for…
Bank of Russia eyes direct support line for retail CBDC users
Since mid-2023, the Bank of Russia has been experimenting with its central bank digital currency, the digital ruble,…
Bank of Russia onboards more commercial banks for digital ruble pilot
Russia’s CBDC pilot is expected to will gather a larger pool of merchants and participants following the onboarding…
30 Banks Participating in Russia’s Central Bank Digital Currency Pilot
The number of banks participating in Russia’s central bank digital currency pilot has increased to 30. Seventeen banks…