Ruble

The Bank of Russia Continues to Test Digital Ruble Payments. Could It Help Circumvent Western Sanctions?
Apr 26, 2022 at 11:38
News
The Bank of Russia Continues to Test Digital Ruble Payments. Could It Help Circumvent Western Sanctions?
The Bank of Russia is continuing to test the Digital Ruble payment system and plans to involve more banks into the program in 2023.
Russia Seeks a way to Legalize Cryptocurrency Mining as Soon as Possible
Mar 28, 2022 at 09:40
News
Russia Seeks a way to Legalize Cryptocurrency Mining as Soon as Possible
The issue of legalizing the mining of cryptocurrencies in Russia is not new. However, now the country's Energy Ministry is emphasizing the need to create a proper framework so that the economy can benefit from it.
Cryptocurrency Will Not Save the Russian Economy, if the Government does not Change its Stance
Mar 18, 2022 at 10:11
News
Cryptocurrency Will Not Save the Russian Economy, if the Government does not Change its Stance
Russia is facing tough restrictions that could push the country into complete economic isolation. In such a situation, it is only natural to look for alternatives that will help circumvent the restrictions and maintain international relations.
Over 6 Billion Rubles Withdrawn from Binance After the Renewed Rumors about Cryptocurrency Ban
Jan 21, 2022 at 09:33
News
Over 6 Billion Rubles Withdrawn from Binance After the Renewed Rumors about Cryptocurrency Ban
An unknown investor withdrew over 6 billion rubles ($83 million) in USDT from one's Binance wallet on January 20. The transaction coincided with the renewed rumors about the ban of cryptocurrencies in Russia and the news about the test of the digital ruble.
Russia to Pilot Digital Ruble for Payments Between private Individuals
Jan 20, 2022 at 10:23
News
Russia to Pilot Digital Ruble for Payments Between private Individuals
Twelve Russian banks are preparing for the first phase of testing the digital ruble. The CBDC will be available for payments between private individuals.
Russia Has Changed its Mind: Digital Ruble May Be Launched in 2021
Dec 02, 2020 at 09:54
News
Russia Has Changed its Mind: Digital Ruble May Be Launched in 2021
Russian authorities and regulators have been in a series of talks about releasing a central bank digital currency (CBDC) dubbed digital ruble for a long time.
Bank of Russia Confirms its Study on Digital Ruble
Oct 15, 2020 at 12:56
News
Bank of Russia Confirms its Study on Digital Ruble
The digital ruble should become the digital currency of the Russian Central Bank, and have all the necessary to perform the functions of money, stated the regulator in its latest report.
State Law on Cryptocurrency in Russia is Pending due to Coronavirus
Apr 04, 2020 at 12:58
News
State Law on Cryptocurrency in Russia is Pending due to Coronavirus
This week, Russia’s State Duma announced that the cryptocurrency bill is ready to see the world, but the coronavirus defers the date. This legislation will give some important outlines on digital currency in the country and may even prompt the issuance of a digital Ruble.
Central Bank of Russia to Ban Bitcoin and Cryptocurrency
Dec 03, 2019 at 09:43
News
Central Bank of Russia to Ban Bitcoin and Cryptocurrency
Last week on Friday, the Central Bank of the Russian Federation made a negative statement against Bitcoin (BTC) and other cryptocurrencies, stating that their fiat currency known as the ruble should be the country’s only legal tender instrument.
1 2