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Tag: Bank of Russia

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say

February 3, 2023 wp-bot Bitcoin News

Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The

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Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs

January 11, 2023 wp-bot Bitcoin News

The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also

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Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report

January 10, 2023 wp-bot Cointelegraph

The country’s central bank will begin studying two possible cross-border CBDC settlement models this quarter.

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Bill on Digital Ruble Submitted to Russian Parliament

January 1, 2023 wp-bot Bitcoin News

A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules

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Crypto OTC trading to get traction due to FTX fiasco, exec says

December 27, 2022 wp-bot Cointelegraph

The FTX crash could trigger a bigger demand for crypto OTC services as investors are looking for alternative crypto exchange methods amid weak trust in

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Bank of Russia to Test International Crypto Payments With Companies

December 20, 2022 wp-bot Bitcoin News

The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed.

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