ruble
Bank of Russia Commences Digital Ruble Trials
The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for a functional CBDC in the country.
Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model
The new stablecoin project has no connection with the Bank of Russia’s digital ruble. The stablecoin will be pegged to ruble fiat currency.
Ruble-Crypto Trading Soars amid Western Sanctions on Russia
Trading volumes between the Russian Ruble and the Tether cryptocurrency surged on Monday as Western powers slapped sanctions on Russia over the Ukraine-Russia war.
Digital Rubble Prototype to be Introduced in Early 2022
In line with the development of its Central Bank Digital Currency (CBDC) dubbed the Digital Rubble, the Central Bank of Russia is set to launch a prototype platform for the new form of money in early 2022.
Russia's Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024
The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs).
Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins
Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.
CZ: I Personally Believe in Two Coins, BNB and BTC, That’s It
On a rainy Monday night in Moscow, on October 21st 2019, the famous influencer, game-changer, and billionaire, CEO of Binance cryptocurrency exchange Changpeng Zhao, widely known as CZ, met with 700+ Russian blockchainers during a special Binance Super Meetup Russia. To everyone’s delight, CZ started his speech confirming that Binance is going to launch crypto-fiat trading pairs, and the debut trading option would be tied to the Russian ruble.
Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”
A Russian Court recently ruled a Bitcoin theft case as innocent, stating that Bitcoin was not considered a property. The victim sought restitution, after being robbed of 100 Bitcoins.
Binance Adds Its Sixth Fiat-To-Crypto: The Turkish Lira
The Turkish fiat currency has been listed to trade against bitcoin, ethereum and XRP on the Binance web platform.
Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report
In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.
Five Russian Banks Ready to Lead Russia's CBDC Pilot Test
Five Russian Banks will participate in the pilot test for the Bank of Russia’s proposed Digital Rubble following the release of its public consultation report.
Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan
Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.
Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill
The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.