Russia’s digital ruble has been integrated into the nation’s tax code after its President Vladimir Putin signed the move into law.
Russian Lawmaker Predicts that Digital Ruble Will Displace Banks
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 in a meeting.
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.
Putin Signs Digital Ruble Law Making a CBDC Possible in Russia
The new law describes a legal framework for a central bank digital token
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.
Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report
The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.
21% of Muscovites think crypto and digital currencies will replace fiat in ten years
According to a recent poll, 14% of Russians think crypto will replace fiat in 10 years, while 39% think it’s impossible to give up cash.
Russia’s Digital Ruble Model to Get Bank-Friendly Redesign
Banks had feared being drained of liquidity under the original concept for the digital currency.
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.
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.
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.