Bank of Russia to develop prototype of digital ruble by year-end
The Bank of Russia intends to create a prototype of its own digital currency by the end of 2021. This was announced by First Deputy Governor Olga Skorobogatova.
Bank of Russia to develop prototype of digital ruble by year-end
The Bank of Russia intends to create a prototype of its own digital currency by the end of 2021. This was announced by First Deputy Governor Olga Skorobogatova.
Bank of Russia tests collective mining service and cryptocurrency payments
In 2020, the Bank of Russia, within the regulatory 'sandbox', tested three services related to the cryptocurrency market. This is reported in the regulator's annual report.
Media: Finance Ministry and Bank of Russia fail to agree on stance on cryptocurrency taxation
The bill on taxing cryptocurrency operations passed in the first reading has sparked disputes between the Bank of Russia and the Ministry of Finance.
Bank of Russia to make transfers of digital rubles between individuals free
Transfers of digital rubles between individuals in Russia are planned to be free, while a fee may be charged for payments for goods using them, similar to the current regime in the Faster Payments System (SBP). This was announced by Olga Skorobogatova, First Deputy Governor of the Bank of Russia, at a press conference.
Bank of Russia proposes banning the use of stablecoins as a means of payment
The Bank of Russia is considering restricting the use of stablecoins in settlements on Russian territory, in line with cryptocurrencies, according to Ivan Zimin, director of the Bank of Russia's Department of Financial Technologies.
Bank of Russia: the digital ruble represents an entirely different quality of payments
The digital ruble represents an absolutely different quality of payments from the point of view of the budgetary sphere and social payments, as reported by Izvestia.
Nabiullina signals possible fees on digital-ruble transfers
The Bank of Russia is considering charging for transfers in the digital ruble, though no final decision on the matter has been made. Nabiullina told Izvestia in an interview.
Bank of Russia to begin testing the digital ruble in 2022
The Bank of Russia plans to present a prototype of the digital ruble platform by the end of the current year, said Deputy Chairman Alexey Zabotkin, according to Prime.
Nabiullina: Bitcoin is not a currency, and investment risks have intensified
Bitcoin is not a currency, and the rise in its price merely 'demonstrates the potential volatility' of cryptocurrencies. This was stated during a press conference by the head of the Bank of Russia, Elvira Nabiullina.
Bank of Russia: 16% of online pyramid schemes offer cryptocurrency investments
More than 45% of the pyramid schemes identified by the Bank of Russia in 2020 operated online. Some of them offered investments in cryptocurrencies, the Bank of Russia said.We use cookies to improve the quality of our service.
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