Latest News and Articles about Digital Ruble
Russia 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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