Only 17% of Russians would agree to store more than $200 in CBDC
The most common hindrances cited include insufficient information about the technology (22%) and concerns about cyber theft and system failures (21%). Go to Source
Russia
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Binance dubs barred Russian banks on its platform as ‘Yellow’ and ‘Green’ cards
Despite the U.S. DOJ investigating Binance for violation of U.S. sanctions with its services in Russia, the firm has continued to promote its platform in the country. Go to Source
Atomic Wallet faces lawsuit over $100M crypto hack losses: Report
Plaintiffs in a new class action suit against the hacked crypto wallet Atomic Wallet say the firm didn’t share any information about the hack with clients, and didn’t report it to the police. Go to Source
Russia to begin CBDC trials with 13 banks
According to Olga Skorobogatova, First Deputy Governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project. Go to Source
Bank of Russia presents digital ruble’s logo and commission fees
From 2025 B2B transactions will cost $0,16 each, while individual customers will pay 0.3% of the total transaction sum when transferring to commercial accounts. Go to Source Powered by WPeMatico
First major success in US Congress for two crypto bills: Law Decoded
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act. Go to Source Powered by WPeMatico
Putin signs law on introduction of digital ruble in Russia
Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, Bank of Russia governor said last week. Go to Source Powered by WPeMatico
Russian CBDC by 2025? What’s happening with the digital ruble
2025–2027 might still seem far away, but the Central Bank of Russia is preparing its CBDC for mass adoption by then. Go to Source Powered by WPeMatico
Russian parliament passes a “digital rouble” bill
Document faces confirmation in the higher chamber of Russian parliament and, afterward, the President’s signature. Go to Source Powered by WPeMatico
BRICS: History, objectives and an overview of the global alliance
Explore how the emerging economies of Brazil, Russia, India, China and South Africa cooperate in areas such as economics, development and global governance. Go to Source Powered by WPeMatico
