Kyrgyz-issued stablecoin A7A5 lost its peg to the Russian ruble after it was targeted with sweeping new sanctions by the U.S. and …
ruble
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Finance
One in two Russians won’t touch digital ruble, another 40% don’t see any point
by shayaanby shayaanAround half of Russian citizens have no interest in trying the digital ruble, according to a survey which also found that some …
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Transactions with the digital ruble have reached 100,000 since the Bank of Russia started testing its new currency almost two years ago. …
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Belarus is advancing plans to introduce its central bank digital currency (CBDC). According to National Bank Chairman Roman Golovchenko, the digital ruble …
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Finance
Russia’s finance ministry suggests creation of ruble stablecoin post-Tether ban
by shayaanby shayaanRussia should be eyeing its own fiat-backed stablecoins, a senior finance ministry official has said. According to a Reuters report on April …
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Finance
Russian State Duma Profiles Digital Ruble as a Sanctions-Sidestepping Tool
by shayaanby shayaanThe Russian State Duma is considering using the digital ruble to maintain transparency in public spending and to sidestep sanctions. Deputy Chairman …
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Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and Tochka Bank, according to a statement from …