Russia becomes the first member of the BRICS bloc to legalize crypto use with the passing of legislation happening in September. Russia will continue to maintain its ban on domestic…
Browsing: digital ruble
The Bank of Russia has begun operational testing of its central bank digital currency (CBDC) initiative, focusing on digital rubles. The pilot phase, starting on August 15, includes participation from…
Russia’s President Vladimir Putin has signed the digital ruble bill into law, allowing the central bank to issue its own digital currency, set to take effect from August 1, 2023.…
The President’s actions follow different opinions about the issue by the nation’s leaders and regulators. Despite the ban, Putin has previously shown support for Bitcoin mining. On Friday, Russian President…