According to Russian crypto advocates, the existing laws “do not meet the needs” of the cryptocurrency market.
Digital ruble is ‘highest form of money’, Russian Bitcoin critic says
The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted.
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
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.
Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
Russian banks fear being left out of the central bank’s proposed digital currency system, according to a report.
Coronavirus Driving Interest in CBDCs, Say Central Bank Chiefs
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies.
Digital Ruble ‘Promising,’ Pilot Likely in 2021, Says Bank of Russia Chief
The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said.
Bank of Russia Seeks Limit on Amount of Digital Assets Retail Investors Can Buy
Non-qualified investors would be able to buy no more than 600,000 rubles worth of digital assets in one year, or about $7,740.
Digital Ruble Can Help Track Government Spending, Bank of Russia Says
The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding.
Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations
The Russian central bank said it’s starting public consultations on the possibilities of issuing a CBDC.
Bank of Russia Wants to Put Mortgage Issuance on a Blockchain
Russia’s is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.
Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included
The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.
Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance
Bank of Russia is in favor of digital securities, but maintains cryptocurrencies shouldn’t be allowed in the nation.
The Bank of Russia Says Its ICO Experiment Was a Success
The Bank of Russia has successfully concluded an experiment in conducting ICOs, though questions remain as to their legality in the nation.
Russia’s Largest Banks Are Piloting Bitcoin and Crypto Portfolios
Two of Russia’s largest banks are planning to launch a cryptocurrency portfolio product for their private banking clients, Kommersant reported.
Russian Treasurers Association Joins Masterchain Banking Pilot
The Russian Association of Corporate Treasurers is joining the nation’s central bank in trialing the government-run Masterchain blockchain platform.
Bank of Russia Official: Still Too Early to Gauge Blockchain’s Potential
A senior official at Russia’s central bank has said blockchain technology is immature but may have industrial-scale applications.
Russian Government Resolves Disagreement on Draft Crypto Law
The Bank of Russia and the country’s Finance Ministry have reportedly resolved a disagreement over the specifics of a proposed cryptocurrency law.