Latest News and Articles about Digital Ruble
Russia Proposes Legal Crypto Exchanges, Clashing with Central Bank’s Anti-DeFi Stance
Russian Lawmakers Propose Legal Crypto Exchanges Amid Regulatory Standoff Russian State Duma deputies have dropped a bombshell proposal to legalize cryptocurrency exchanges with physical offices, directly confronting the Central Bank of Russia’s ironclad resistance to decentralized finance. With ordinary Russians hodling over $25 billion in digital assets yet locked out of legal markets, this push […]
Read MoreDigital Ruble Fraud Surges in Russia Ahead of Pension Payments Rollout
CBDC Fraud Spikes in Russia as Digital Ruble Pension Payments Approach Russia’s race toward a digital financial future with its Central Bank Digital Currency (CBDC), the digital ruble, is stumbling out of the gate as fraudsters exploit public confusion. With Moscow gearing up to disburse pensions and social benefits in this new currency starting October […]
Read MoreRussia’s 2025 Crypto Crackdown: State Control vs. Blockchain Freedom
Crypto Regulations in Russia 2025: Iron Grip or Blockchain Blueprint? Russia’s 2025 cryptocurrency regulations mark a pivotal moment for the nation’s blockchain ambitions, blending aggressive state control with undeniable market growth. As the Kremlin rolls out stringent laws to shape a secure digital asset ecosystem, the tension between innovation and oversight raises critical questions about […]
Read MoreSberbank Pushes for Bitcoin Custody in Russia Amid Sanctions and Regulatory Shift
Russia’s Sberbank Eyes Bitcoin and Crypto Custody Amid Regulatory Overhaul Sberbank, Russia’s largest state-owned bank, has thrown its hat into the cryptocurrency ring with a proposal to offer custody services, a move that could reshape the nation’s digital asset landscape. As geopolitical tensions and Western sanctions tighten their grip post-Ukraine conflict, this signals a seismic […]
Read MoreSberbank CEO Slams Digital Ruble: No Domestic Value, Only Sanctions Tool?
Sberbank CEO Tears Into Digital Ruble: No Domestic Edge, Just Sanctions Play? German Gref, the head honcho at Sberbank, Russia’s biggest bank, has dropped a bombshell on the country’s central bank digital currency (CBDC), the digital ruble. Speaking at a financial forum in St. Petersburg on July 2, 2025, Gref made it crystal clear he’s […]
Read MoreRussia Tests Programmable Digital Ruble in Tatarstan: A Global Debate
Russia’s Digital Ruble Pilot in Tatarstan: A Test of Programmable Money Russia is testing its Central Bank Digital Currency (CBDC), the digital ruble, in the Tatarstan region. The pilot, set to commence in the third quarter of this year, aims to explore the controversial feature of programmability through smart contracts. Testing digital ruble in Tatarstan […]
Read MoreRussia’s CBR Tests Digital Ruble with Smart Contracts in Tatarstan
Central Bank of Russia Advances Digital Ruble Testing in Tatarstan The Central Bank of Russia (CBR) is taking bold steps into the future of currency with a pilot program in Tatarstan, testing the digital ruble’s smart contract capabilities. This initiative aligns with a global surge in Central Bank Digital Currency (CBDC) exploration, with 134 countries […]
Read MoreRussia Mandates Digital Ruble Use Starting July 2025: Banks and Merchants Required
Russia’s State Duma Pushes Forward with Digital Ruble Mandate Russia’s State Duma has introduced a new bill that mandates the use of the digital ruble, the country’s central bank digital currency (CBDC), starting from July 1, 2025. Russia’s CBDC, the digital ruble, becomes mandatory for banks and merchants. Implementation begins July 1, 2025, expanding to […]
Read MoreRussia’s Digital Ruble Faces Bank Backlash as T-Bank Explores Tokenization
Russia’s Digital Ruble Faces Banking Opposition While T-Bank Explores Tokenization “Banks might no longer be needed in Russia once the digital ruble launches,” warns Anatoly Aksakov, head of the State Duma Committee on Financial Markets. As the Bank of Russia (BoR) gears up to launch its Central Bank Digital Currency (CBDC), known as the digital […]
Read MoreSberbank Joins Russia’s Digital Ruble Pilot, Boosting CBDC Adoption
Russia’s Largest Bank Joins Digital Ruble Pilot Program Russia’s financial giant, Sberbank, has boldly stepped into the digital age by joining the digital ruble pilot program. Alongside TBank and Tochka Bank, this move elevates the total number of participating credit organizations to 15, showcasing the Central Bank of Russia’s (CBR) strong support for digital currency. […]
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