2021-3-12 15:14 |
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021.
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Among nations in hot pursuit of a digital currency of their own, Russia is in the news again. Its central bank announced plans to start testing a pilot version of the digital ruble by the end of 2022.
2021-3-12 01:30 | |
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Russia is moving a step closer to introducing a Ruble-backed digital currency. A senior executive at Russia’s central bank, the Bank of Russia, has indicated that the bank is planning to unveil a prototype for its digital ruble by the end of 2021.
2021-3-12 20:16 | |
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A major Russian bank revealed an upcoming digital asset launch, which complements another of its latest crypto-related moves. Sberbank applied to register a platform to issue a token named “Sbercoin.
2021-1-27 10:45 | |
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The digital ruble will, most likely, take the place of other forms of money, but the intrigue is which ones: non-cash or cash?
2020-12-21 09:13 | |
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Russia's central bank wants the digital ruble to help businesses by cutting out financial middlemen.
2020-12-8 16:32 | |
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A Russian cryptocurrency and blockchain association warns the Bank of Russia against centralizing the digital ruble.
2020-12-4 15:27 | |
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Over the course of the past eleven months, cryptocurrencies have emerged to become a serious asset class, one being taken note of by countries and regulatory agencies all over the world. Russia is oneThe post Bank of Russia hears commercial banks’ concerns over digital Ruble appeared first on AMBCrypto.
2020-11-28 23:30 | |
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Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.
2020-11-27 18:16 | |
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Belarusbank, the largest bank of Belarus, is the latest one to announce that it will provide its customers the opportunity to buy and sell cryptocurrencies using Visa payment cards. According to a recent report, the crypto trading service will be allowed against the fiat currencies, including the Belarusian ruble, the euro, and the US dollar.
2020-11-16 15:41 | |
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Countries around the world have shown great interest in developing central bank digital currencies (CBDCs), with a good number of central banks already in the process of creating digital versions of their national currencies.
2020-10-25 18:34 | |
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An official from the Russian Central Bank’s National Banking Council, Anatoly Aksakov said that Russia’s CBDC, the digital ruble, would be the “future” of all money circulation in the country,The post Digital ruble, the future of Russian money circulation: Russian govt official appeared first on AMBCrypto.
2020-10-22 19:05 | |
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According to Izvestia, a Russian finance news site, the Ministry of Finance and Bank of Russia investigate other nations’ efforts in releasing a central bank digital currency (CBDC). The post, published on Monday, highlights some of Russia's advantages of launching its own digital ruble, including reducing the cost of transactions, more opportunities for cross-border payments, […] The post Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021 first appeared on BitcoinExchangeGuide.
2020-10-21 20:41 | |
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As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy.
2020-10-20 12:15 | |
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Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
2020-10-20 15:07 | |
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Five Russian banks expressed interest in a possible pilot project of the digital ruble if it is launched by the Bank of Russia. The RNKB from the disputed region of Crimea is among them.
2020-10-18 18:08 | |
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Bank of Russia has suggested a possibility of issuing its own central bank digital currency, the digital ruble, in a new report published by the central bank today. The digital ruble will be an electThe post Bank of Russia is planning to launch its ‘digital ruble’ appeared first on AMBCrypto.
2020-10-14 00:30 | |
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Russia’s Central Bank is the latest monetary authority to issue a CBDC consultative paper amidst the ongoing craze; the bank confirmed its interest in issuing a digital ruble, noting that it can operate alongside cash or non-cash forms of money that already exist in the country.
2020-10-14 00:22 | |
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The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding.
2020-10-14 21:21 | |
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The Russian central bank started a series of public consultations to explore the prospects for digital ruble. The discussion with commercial banks and financial organizations will run until December 31, 2020.
2020-10-18 17:35 | |
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The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC.
2020-10-13 16:23 | |
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Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.”
2020-10-13 15:44 | |
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Russia’s largest state-owned bank Sberbank is mulling over the idea of issuing their stablecoin reported a local daily. Many believe the decision was prompted by the recent signing of a new cryptocurrency law by President Putin.
2020-8-6 23:16 | |
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On the heels of new crypto legislation, Russia’s largest (and state-owned) bank is considering launching its own stablecoin to simplify blockchain transactions. A Stable Ruble Sergei Popov, director of Sberbank’s Transactions Business department, has raised the possibility of the issuance of digital tokens.
2020-8-5 18:59 | |
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Sberbank may issue a digital token pegged to the Russian ruble for settlements on transactions with digital financial assets. The decision will be made closer to 2021, when the cryptocurrency legislation will come into force in Russia.
2020-8-9 16:59 | |
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On November 29th, the Central Bank of Russia came out against Bitcoin, claiming that their local ruble should be the nation’s only legal tender. While nothing has been set in stone as of yet, the Central Bank is open to banning the ability to buy goods and services with Bitcoin due to the risky nature […] The post Russian Central Bank Comes out Against Bitcoin, Would Support a Ban appeared first on BeInCrypto.
2019-12-2 12:26 | |
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Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble.
2019-5-26 01:00 | |
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Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used.
2019-5-18 02:00 | |
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The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat.
2019-2-6 10:15 | |
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Andrey Kostin The Head Of The Russian Bank VTB Compared Crypto Mining With Counterfeiting The head of the Russian bank VTB, Andrey Kostin, has compared cryptocurrency mining activities with counterfeiting.
2019-2-5 22:01 | |
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Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash.
Yao Qian is reportedly being investigated for "violations of discipline and law."
Центральный банк Таиланда сообщил, что в октябре 2023 года успешно завершил пилотную программу по тестированию цифрового тайского бата (CBDC), однако регулятор еще не готов к его запуску.
The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
The country's central bank does not plan on issuing a retail version of the digital currency.
The country's Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.