Aksakov proposes amendments to Russia’s digital assets law
Anatoly Aksakov, head of Russia's State Duma committee on the financial market, proposed amendments to the law On Digital Financial Assets. He announced this at the FinNext 2021 forum.Key news and important events about the development of the digital ruble in Russia.
Aksakov proposes amendments to Russia’s digital assets law
Anatoly Aksakov, head of Russia's State Duma committee on the financial market, proposed amendments to the law On Digital Financial Assets. He announced this at the FinNext 2021 forum.
Replacing cash: Binance assesses the economic impact of creating a digital ruble
The digital ruble marks a step toward the evolution of Russia's wholesale and retail payment systems, but the potential benefits depend on the final format of the asset's implementation, according to Binance and Mindsmith.
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.
Binance suspends direct withdrawals to ruble cards
Russian Binance users have reported that for several weeks they have been unable to withdraw funds to ruble cards. The exchange cites technical reasons.
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 outlines next steps in digital ruble project
The Bank of Russia will begin discussing a detailed concept of the digital ruble with market representatives in early summer, with the next phase being testing of a dedicated platform. This was announced by Bank of Russia head Elvira Nabiullina, writes Interfax.
Mobile operators propose storing digital rubles on smartphones
Russian mobile operators are interested in integrating wallets for the digital ruble into smartphones if the new asset is released. Izvestia reports, citing market sources.
Russian Finance Ministry sees potential for stronger ruble with digital ruble launch
The launch of the digital ruble is associated with risks for banks, but could bolster the competitiveness of the Russian currency, said Ivan Chebeskov, head of the Financial Policy Department at the Russian Finance Ministry, according to РИА Новости.
Aksakov: Digital ruble rollout will require changes to laws
If the digital ruble is launched, amendments to laws and the Civil Code will be required. This was stated by the head of Russia's State Duma committee on the financial market, Anatoly Aksakov, according to Izvestia.
CBR forecasts higher rates after digital ruble rollout
The Bank of Russia published an analytical note on changes for banks and their clients in the event of the release of the digital ruble.
Media: Sberbank estimates security costs for the digital ruble at 25 billion rubles
Participants in the Russian financial market discussed the digital ruble and preliminarily assessed the costs of its implementation on the platform of the Association of Russian Banks, writes Kommersant.We use cookies to improve the quality of our service.
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