Bank of Russia

Bank of Russia Tells Stock Exchanges to Avoid Crypto-Related Funds

The central bank doesn't want crypto ETFs on the country's capital markets.

Policy & regulation  ·  22 July 2021

Bank of Russia Plans Prototype for Its Digital Ruble Design in December

The digital ruble will live in a hybrid technological platform combining distributed ledger technology and centralized control by the central bank.

Policy & regulation  ·  8 April 2021
Russia

Bank of Russia Eyes Digital Ruble Prototype in Late 2021: Report

Russia's central bank told CoinDesk that over 80% of feedback on the digital ruble was supportive of the project.

Policy & regulation  ·  11 March 2021
Russia

Russia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’

A Russian cryptocurrency and blockchain association warns the Bank of Russia against centralizing the digital ruble.

News  ·  4 December 2020
Russia

Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them.

Policy & regulation  ·  1 December 2020
Russia

Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal

Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

Policy & regulation  ·  27 November 2020
CoinFlash

Coronavirus Driving Interest in CBDCs, Say Central Bank Chiefs

Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies.

Policy & regulation  ·  6 November 2020
Russia

Digital Ruble ‘Promising,’ Pilot Likely in 2021, Says Bank of Russia Chief

The Bank of Russia might launch its own CBDC, a digital ruble, after piloting the project at the end of next year, its chairwoman said.

Policy & regulation  ·  23 October 2020
Russia

Bank of Russia Seeks Limit on Amount of Digital Assets Retail Investors Can Buy

Non-qualified investors would be able to buy no more than 600,000 rubles worth of digital assets in one year, or about $7,740.

News  ·  14 October 2020
Russia

Digital Ruble Can Help Track Government Spending, Bank of Russia Says

The Bank of Russia proposed a potential CBDC project Tuesday, but wants public comments before proceeding.

Policy & regulation  ·  13 October 2020
Russia

Bank of Russia Considers Issuing Digital Ruble, Starts Public Consultations

The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC.

Policy & regulation  ·  13 October 2020
Russia

Bank of Russia Wants to Put Mortgage Issuance on a Blockchain

Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto.

Policy & regulation  ·  28 May 2020
Regulation

Russian Prime Minister Introduces Bill to Allow Fintech Sandboxes, Blockchain Included

The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.

Policy & regulation  ·  24 March 2020
Russia

Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance

The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia.

Policy & regulation  ·  16 March 2020
ICOs

The Bank of Russia Says Its ICO Experiment Was a Success

The Bank of Russia has successfully concluded an experiment in conducting ICOs, though questions remain as to their legality in the nation.

Markets  ·  11 September 2018