U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in
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Bank of Russia Analysts Note Ditching US Dollar Is ‘Hardly Possible’ Without Structural Changes to Foreign Trade
A report from the research department of the Bank of Russia shows that, due to the structure of foreign trade contracts, it will be difficult
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Household Crypto Holdings Included in Bank of Russia’s Consumer Finance Survey
The Central Bank of Russia has added crypto asset holdings of households to its survey of consumer finances. The statistics reveal that Russian families keep
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Russia delays digital ruble launch testing due to lawmaking process
The participating banks expressed their readiness to proceed with the CBDC pilot.
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Russian Parliament Votes on Bill Opening Door for Digital Ruble
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other
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Bank of Russia Registers Another Digital Asset Issuer
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the
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