Digital Ruble Archives

Bank of Russia Plans to Pilot Digital Ruble in 2021 End

March 11, 2021

The Bank of Russia is planning to launch a prototype of its central bank digital currency (CBDC) and start piloting as early as late 2021, the monetary regulator’s Deputy Chairman, Alexey Zabotkin, revealed. ...

Russia Says No to Private Stablecoins Pegged with Ruble

December 2, 2020

Sergey Shvetsov, the first deputy governor at the central bank of the Russian federation said no to the ruble-pegged private stablecoins. Another official, Olga Skorobogatova who is currently serving as the f...

Russia’s Largest Bank Plans to Issue Digital Currency Next Year

December 1, 2020

Russia’s largest state-owned lender, Sberbank, is gearing up towards crypto as the bank is planning to launch its own digital currency next year, its Chief Executive, Herman Gref revealed. The proposal for l...

Digital Ruble ‘Promising,’ Pilot Likely In 2021, Says Bank Of Russia Chief

October 23, 2020

Russia’s central bank might pilot its own central bank digital currency (CBDC) at the end of 2021, said the Bank of Russia’s head, Elvira Nabiullina, during an online press conference on Friday. “We view thi...