Tag: digital ruble

Aug 15 2022

Russia To Roll Out Its Own Digital Ruble In 2024 – In Time For Elections

Russia moves forward with its plans to create its own digital ruble by 2024. Recently, the Central Bank of the Russian Federation (CBR) released a draft proposal outlining the primary monetary policy parameters for the next three years. The anticipated launching in 2024 would take place in a significant year for the country as it is set to hold presidential elections in March...

Aug 12 2022

Russia May Introduce “Targeted” CBDC by 2023

Aug 12 2022 Published at Crypto Briefing under tags  cbdc digital ruble news russia

The Bank of Russia, in its latest report, indicated that a digital ruble would be rolled out starting 2023. Bank of Russia Updates on CBDC Russia is forging ahead with...

Bank of Russia plans to launch digital ruble in banks come 2024

Aug 12 2022 Published at Coinscreed under tags  bank of russia cbdc digital ruble

The Bank of Russia has stated that it is expecting to rollout the digital ruble which is the central bank digital currency (CBDC) of the nation in about two years from now. The Bank of Russia will start connecting all banks and credit institutions to the digital ruble network in 2024, according to the most […] The post Bank of Russia...

Feb 18 2021

Russia’s Digital Ruble Model to Get Bank-Friendly Redesign

Feb 18 2021 Published at CoinDesk under tags  banks business coinflash digital ruble news

Banks had feared being drained of liquidity under the original concept for the digital currency.

Feb 16 2021

Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble

Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers.

Dec 21 2020

Bank of Russia Chair: Digital Ruble Is No Threat to Banks

Russian banks are concerned the digital ruble might hurt their business, but the Bank of Russia is nonchalant

Dec 04 2020

Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’

Russian cryptocurrency and blockchain association warns the Bank of Russia against the excess centralization of the digital ruble

Dec 01 2020

Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them.

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