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Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency


As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...

Five Russian Commercial Banks Eager to Pilot Digital Ruble in 2021


Russia’s “cryptoruble” – its central bank digital currency (CBDC) initiative – is seemingly picking up momentum after years spent in limbo. Earlier this month, the Russian Central Bank announced that it would consider debuting a digital token, after a year ago stating that there was no need...

Binance Launches Support For Russian Ruble Fiat Currency


Binance has expanded its suite of services by announcing the addition of Russian Ruble fiat currency to its network for facilitating convenient trading activities for the global customer base. Following the launch of the Russian Ruble (RUB) instant buy offering, the exchange investors will be able...

Eastern Europe Sees More Fiat Options for Trading Crypto


The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors...

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