Banks had feared being drained of liquidity under the original concept for the digital currency. Syndicated from coindesk
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by…
Sberbank has applied with the Central Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin. Sberbank, the…
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble.…
When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations. 2020 has…
Major Russian bank VTB uses a central bank-backed blockchain to issue bank guarantees to local cellular network giant MTS. VTB,…
Russia’s central bank wants the digital ruble to help businesses by cutting out financial middlemen. Russia’s digital ruble is expected…
COVID-19 could force the Bank of Canada to launch a CBDC sooner than previously expected. Timothy Lane, Deputy Governor of…
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency. Senior officials at the…
Tutors, taxi drivers and repairmen will be able to take advantage of Alfa-Bank’s blockchain-based services. Alfa-Bank, one of the largest…