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CRYPTOCURRENCY

Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model
cryptocurrency

Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model

The new stablecoin project has no connection with the Bank of Russia’s digital ruble. The stablecoin will be pegged to ruble fiat currency.

Russia's Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024
cryptocurrency

Russia's Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024

The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs).

Ruble-Crypto Trading Soars amid Western Sanctions on Russia
cryptocurrency

Ruble-Crypto Trading Soars amid Western Sanctions on Russia

Trading volumes between the Russian Ruble and the Tether cryptocurrency surged on Monday as Western powers slapped sanctions on Russia over the Ukraine-Russia war.

Bank of Russia Commences Digital Ruble Trials
cryptocurrency

Bank of Russia Commences Digital Ruble Trials

The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for a functional CBDC in the country.

Digital Rubble Prototype to be Introduced in Early 2022
cryptocurrency

Digital Rubble Prototype to be Introduced in Early 2022

In line with the development of its Central Bank Digital Currency (CBDC) dubbed the Digital Rubble, the Central Bank of Russia is set to launch a prototype platform for the new form of money in early 2022.

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