Russian Banks Baulk at Digital Ruble Implementation Costs
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Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central…
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
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A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the…
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
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The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by…
Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia
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President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and…