The Central Bank's press service has not confirmed to Frank Media postponing the launch to 2026, but did not deny it either. "The date has not yet been determined. We will announce it later, after ...

Almost a third of Russian banks face technological hurdles in their preparation for the digital ruble, according to a new report by Russian news outlet Vedomosti. A survey conducted by Flant and ...

Russia's stance on cryptocurrencies has evolved from strict opposition to strategic adoption, legalizing mining, facilitating ...

While Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in international trade, its use in the country's oil trade has not previously ...

Cryptocurrencies are still too volatile to serve as a means of payment but could be used for investments, the Bank of Russia ...

BRICS continues to develop a cross-border payment system that could ultimately accelerate de-dollarization and create ...

Additionally, the Bank of Russia is actively developing a central bank digital currency, with plans to expand the pilot program by 2023 and achieve a full launch in 2025. Moreover ...

Russia’s Central Bank has asked the Republic of Tatarstan to help it test the digital ruble’s smart contracts functions.

as well as cost-effective and free of politics,” Ushakov said in an interview with Russian news agency TASS. Another dollar-alternative digital currency cross-border payment system in the works ...

While Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in international trade, its use in the country's oil trade has not previously ...

Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter. While Russia has publicly ...