Digital Gold Traded for Digital Rubles by Russia’s Rosbank

Digital Gold Traded for Digital Rubles by Russia’s RosbankRosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated. Rosbank and Atomyze Exchange Gold and Rubles in Digital […]

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Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan

Russia’s Largest Digital Asset Deal Denominated in Chinese YuanA Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the issuance of tokens secured by commercial debt. Digital Financial Assets for 58 Million Yuan Issued by Russian Platform […]

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Digital Token Issued In Russia to Facilitate Investments in Palladium

Digital Token Issued In Russia to Facilitate Investments in PalladiumTransactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of […]

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