Elvira Nabiullina, the head of the Central Bank of Russia, has declared that first-wave banks were finalizing their preparations to support the …
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ruble
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Regulation
Bank of Russia introduces strict account requirements in amended digital ruble rules
by shayaanby shayaanRussia’s monetary authority has updated the rules for opening digital ruble accounts, and the end result is a complicated procedure for ordinary …
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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 …
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