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Tag: Bank of Russia

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

April 24, 2023 wp-bot Bitcoin News

Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy

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Russia to Work With Digital Currencies of Other Nations

April 23, 2023 wp-bot Bitcoin News

The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms for interaction

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Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States

April 21, 2023 wp-bot Bitcoin News

Elvira Nabiullina, governor of the Bank of Russia, has affirmed the bank has stockpiled reserves in assets that are not susceptible to being affected by

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Foreign trade and pensions: What’s next for Russia’s CBDC project?

April 20, 2023 wp-bot Cointelegraph

The Russian digital ruble pilot launch was delayed until at least May, but the government still hopes to kick off the currency in 2024.

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Bank of Russia to set up entities for crypto mining and cross-border settlement: Report

April 19, 2023 wp-bot Cointelegraph

Russia’s central bank plans to create new institutions to mine crypto assets and settle international payments.

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Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements

April 19, 2023 wp-bot Bitcoin News

Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority

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