By offering commercial banks’ financial incentives for processing payroll transactions via the Bank of Russia’s digital ruble ...

Around half of Russian citizens have no interest in trying the digital ruble, according to a survey which also found that some 40% see no advantages in the latest incarnation of the national fiat. The ...

The Russian Central Bank released the digital ruble’s brand identity and transaction tariffs, Russia’s CBDC project, which went live on August 1, 2023. In particular, all digital ruble services will ...

Russia’s economy is weak, and the West has used that as an opportunity to diminish the Russian war machine through tougher sanctions. But president Vladimir Putin is trying to develop a Hail Mary ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Russia's biggest bank has joined the country's digital currency scheme, ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Russian President Vladimir Putin has signed the country’s ...

Russia's First Deputy Chairman of the Central Bank Olga Skorobogatova announced on Friday that the Bank of Russia is set to begin a pilot project on real transactions with the digital ruble starting ...

TASS-FACTBOX. On August 1, 2023, the law introducing the digital ruble comes into force. TASS has assembled all of the key facts about the digital ruble and how digital currencies interact with ...

The Bank of Russia is gearing up for its digital ruble pilot test slated for Aug. 15, with all 13 banks that expressed interest in the pilot confirming their readiness. Olga Skorobogatova, the first ...

Eventually, the digital ruble, alongside the development of blockchain, will displace the need for banks, Russian lawmaker Anatoly Aksakov said in a meeting, a local media outlet reported on Tuesday. ...

Russia is set to broaden its digital ruble pilot by starting real-world tests with 13 banks next week, the country's central bank announced Wednesday. “The launch of pilot operations with real digital ...