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Russian economy

Navigating the Digital Ruble: Banks Call for Caution Amid Transition

Gazprombank calls for more time for banks to transition to the digital ruble, highlighting risks and potential profits amid geopolitical tensions.

Russia’s Crypto Conundrum: Central Bank’s Ban Faces Backlash and Uncertainty

Explore the proposed crypto ban by Russia’s Central Bank, the ensuing backlash, and the shifting landscape of digital assets regulation.

The Digital Ruble Revolution: Russia’s New Financial Frontier

Dive into the Bank of Russia’s digital ruble trials, exploring benefits, challenges, and the future of digital currency in Russia.

News

Russia’s Digital Ruble: The Future of Currency Transactions Begins

Discover Russia’s digital ruble pilot set to launch on April 1, involving select banks and customers in real transactions.

Crypto Craze: Russia’s Trillion-Ruble Digital Holdings and Regulatory Moves

Discover how Russian citizens hold 16.5 trillion rubles in cryptocurrencies and the potential impact of upcoming regulations.

U.S. Deputy Treasury Secretary Affirms Dollar’s Dominance Amid CBDC Rise

Wally Adeyemo asserts U.S. dollar’s dominance amid rising CBDCs like Russia’s digital ruble, discussing risks and sanctions.

Russia’s Digital Ruble: What’s Cooking in the Central Bank’s Crypto Kitchen?

Explore the journey towards Russia’s digital ruble, its prototype launch, and what the future holds for CBDC in 2022.

Understanding Russia’s Cryptocurrency Laws for Public Officials

Explore Russia’s new crypto regulations for public officials: disclosures, anti-corruption measures, and compliance challenges.

Exploring the Impacts of Russia’s Digital Ruble on Businesses and Banks

Discover how Russia’s digital ruble aims to cut business costs while challenging commercial bank profits in this financial revolution.

Bank of Russia’s Staunch Stance Against Private Stablecoins: The Future of the Ruble in Digital Currency

The Bank of Russia opposes private stablecoins pegged to the ruble, favoring its own digital currency amid technical challenges.