Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban

The Bank of Russia reports on the first digital ruble tests as planned but continues to fight against Bitcoin adoption.

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Russian State Duma Passes Digital Ruble Law

The State Duma, the lower house of the Russian Federal Assembly, discussed and passed the Digital Ruble law in its second and third discussion on July 11. The law will allow the Central Bank of Russia, as the sole regulator of the proposed digital currency, to organize a pilot test slated for August. State Duma [...]

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Bank of Russia Reports 13 Banks Will Participate in Digital Ruble Pilot

The Bank of Russia has announced that all 13 banks intending to participate in the digital ruble pilot have already completed their preparations to join the upcoming test. Olga Skorobogatova, first deputy governor of the Bank of Russia, stated that customers of these banks will be able to apply to join the pilot “after some [...]

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