digital ruble

The rise of Central Bank Digital Currencies (CBDCs) and blockchain technology is signaling a transformative era for the global banking sector. That's according to Anatoly Aksakov, Chair of Russia’s parliamentary financial committee. "The traditional role they played will gradually...

The Bank of Russia is gearing up for its digital ruble pilot test slated for Aug. 15, with all 13 banks that expressed interest in the pilot confirming their readiness. Olga Skorobogatova, the first deputy governor of the Bank of Russia, stated that these banks have finished the necessary...

Vladimir Putin has officially signed the Digital Ruble Bill into effect, paving the way for the nation's central bank to introduce its own digital currency. This watershed moment signifies a dynamic shift in the financial ecosystem of Russia and potentially the global financial landscape. The...

Russia's First Deputy Chairman of the Central Bank Olga Skorobogatova announced on Friday that the Bank of Russia is set to begin a pilot project on real transactions with the digital ruble starting April 1. Skorobogatova was speaking on the sidelines of a fintech...

Russia's Central Bank announced that it has already conducted the first tests of its central bank digital currency (CBDC), often referred to as the "digital ruble." What Happened: Bank of Russia announced on Tuesday that it officially launched the trial of its CBDC,...