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3232Gold-Based Digital Assets Issued in Russia
https://www.digit.info/gold-based-digital-assets-issued-in-russia/
Thu, 29 Dec 2022 08:30:37 +0000https://www.digit.info/2022/12/29/gold-based-digital-assets-issued-in-russia/Read more]]>A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on the prices of physical gold, the bank said, emphasizing that the operation is a first. Russia’s Sber Bank Mints Gold-Backed Coins Sber, Russia’s largest bank, […]
]]>Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan
https://www.digit.info/russias-largest-digital-asset-deal-denominated-in-chinese-yuan/
Mon, 05 Dec 2022 07:00:39 +0000https://www.digit.info/2022/12/05/russias-largest-digital-asset-deal-denominated-in-chinese-yuan/Read more]]>A 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 […]
]]>Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask
https://www.digit.info/russias-sber-bank-aims-for-blockchain-integration-with-ethereum-and-metamask/
Sat, 03 Dec 2022 22:30:30 +0000https://www.digit.info/2022/12/03/russias-sber-bank-aims-for-blockchain-integration-with-ethereum-and-metamask/Read more]]>Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. Sber Bank to Provide Ethereum and Metamask Support on Proprietary Blockchain The blockchain […]
]]>Financial Companies Report First Deal With Digital Assets Under Russian Law
https://www.digit.info/financial-companies-report-first-deal-with-digital-assets-under-russian-law/
Fri, 01 Jul 2022 09:30:47 +0000https://www.digit.info/2022/07/01/financial-companies-report-first-deal-with-digital-assets-under-russian-law/Read more]]>Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. Russian Companies Conduct Issue and Placement of Digital Financial Assets VTB Factoring, a subsidiary of Russian majority state-owned Vneshtorgbank (VTB), […]
]]>Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
https://www.digit.info/russias-sberbank-denies-involvement-in-recently-launched-sbercoin/
Wed, 06 Apr 2022 21:30:10 +0000https://www.digit.info/2022/04/06/russias-sberbank-denies-involvement-in-recently-launched-sbercoin/Read more]]>Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin Traded on Pancakeswap Exchange, Not Issued by Sberbank A crypto project called […]