Anatoly Aksakov, a member of the Russian State Duma, has reiterated his negative stance on Bitcoin (BTC) shortly after the cryptocurrency briefly retouched $40,000 on …
Bitcoin bubble will pop sooner or later, says famous Russian BTC critic Read More »
Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions. The …
Digital ruble could be still vulnerable to fraud, Russian banks warn Read More »
Beginning investors in Russia will soon find themselves with fewer options to beat plummeting interest rates offered at Russian savings accounts. In addition to the …
Russia’s Central Bank tries to stem the tide of rubles leaving bank accounts Read More »
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about …
Active digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of …
Russia’s central bank digital currency: Prospects and problems Read More »
Russia’s digital ruble is expected to reduce business costs, but could also cut profits for commercial banks, according to Elvira Nabiullina, the chairwoman of the …
Digital ruble will undercut bank profits but help businesses: Bank of Russia Read More »
Russian cryptocurrency and blockchain association (RAKIB) warned the country’s central bank against making its future CBDC too centralized. RAKIB sent a letter to the Bank …
Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’ – CoinDesk Read More »
Senior officials at the Bank of Russia have come out against the issuance of private stablecoins pegged to the Russian ruble. Sergei Shvetsov, a first …
Russian central bank opposes ruble-pegged stablecoins Read More »
Russia is seriously considering whether or not it should launch a central bank digital currency (CBDC). The Bank of Russia has started a series of …
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC – CoinDesk Read More »
With a new law coming into effect in the Russian Federation, the country’s largest bank is planning a new blockchain platform for trading, as well …
Russia’s Sberbank plans release of its own crypto token, the “Sbercoin” Read More »
