Russia’s central bank views BRICS currency as challenging. Prepares CBDC pilot
It has been widely reported that a common BRICS currency will be discussed at a symposium next month.
LedgerinsightsIt has been widely reported that a common BRICS currency will be discussed at a symposium next month.
LedgerinsightsIn a recent interview with Forbes, the first deputy governor of the Bank of Russia, Olga Skorobogatova, spoke about her...
LedgerinsightsKallaur noted that the introduction of a CBDC would require changes to the civil code, banking and tax laws, and the national budget.
OthersSber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021.
CointelegraphRussia's central bank sees the digital rubble as the only technological payment option to support.
CointelegraphA finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments.
CointelegraphThe monetary authority will allow the use of cryptocurrencies for foreign trade, a senior central bank official said at a news conference.
CointelegraphMany cryptocurrency exchanges with roots in Russia have fled the country or are operating illegally, according to the founder of Blockchain Life.
CointelegraphCryptocurrency transactions over 600,000 rubles (approximately $8,000) will have to be declared, otherwise they will be considered a crime.
CointelegraphElvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy.
Cointelegraph