Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of
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Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia
President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes
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Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says
The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker.
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Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies
Experts and business representatives from Iran and Russia have discussed the potential uses of cryptocurrencies and blockchain. The two countries are also collaborating on implementing
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Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow
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Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for
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