Bank of Russia Plans to Pilot Digital Ruble in 2021 End

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. ...

Largest Russian Bank Seeks Permission to Launch Blockchain

Sberbank, the largest Russian state-owned lender, has applied to the country’s central bank seeking approval for launching a blockchain-based platform that will allow the bank to launch its own digital curren...

Russian Crypto Exchange Livecoin Shuts Services after Hack

Hacked Russian cryptocurrency exchange, Livecoin has announced that it is going to shut its services and requested its clients to proceed with fund withdrawals. Livecoin servers were compromised last month, ...

Bitcoin Celeb Ad Scam Traces To Moscow

Bitcoin celeb ad scam traces to Moscow. According to a new article, a large Bitcoin (BTC) ad scam involving illegal pictures of Australian celebrities who apparently promoted fake investment schemes is allege...

Russia Says No to Private Stablecoins Pegged with Ruble

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...