Digital Ruble

Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said, expressing his opinion in a meeting.

By Camomile Shumba

Sep 6, 2023 at 10:09 a.m. UTC

Sep 6, 2023

RegulationsCryptoRussiaCBDCDigital Ruble

Vladimir Putin. (DimitroSevastopol/Pixabay)

Policy

Regulations

Russia to Test Digital Ruble With Banks, Clients

The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.

By Sandali Handagama

Aug 9, 2023 at 12:28 p.m. UTC

Aug 9, 2023

RegulationsRussiaCBDCDigital Ruble

Policy

Russia

Putin Signs Digital Ruble Law Making a CBDC Possible in Russia

The new law describes a legal framework for a central bank digital token

By Anna Baydakova

Jul 24, 2023 at 5:30 p.m. UTC

Jul 24, 2023

RussiaBank of RussiaCBDCDigital Ruble

Finance

Russia

Bank of Russia to Pilot CBDC in April

Digital ruble payments will be launched for retail purchases and peer-to-peer transactions, a central bank official said.

By Anna Baydakova

Feb 17, 2023 at 7:12 p.m. UTC

Feb 17, 2023

RussiaBank of RussiaDigital RubleCBDC

Finance

Russia

Bank of Russia Sees Digital Ruble as a Key Project

The Russian central bank’s deputy chairwoman sees no obstacles to the launch of a CBDC.

By Anna Baydakova

Sep 13, 2021 at 7:06 p.m. UTC

Sep 13, 2021

RussiaBank of RussiaDigital RubleCBDCs

Video

China

Russia and China Moving Their CBDC Projects Forward

Central bank digital currency (CBDC) initiatives around the world are ramping up. The Bank of Russia has reportedly named 12 banks to develop a prototype of the digital ruble by December. Meanwhile, the CBDC trials have reached Beijing’s subways as passengers can now use the digital yuan to pay their fares.

By CoinDesk Staff

Jun 30, 2021 at 6:45 p.m. UTC

Jun 30, 2021