More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances?
More Russian banks will join the digital ruble pilot, with Center-invest Bank, which mainly operates in the nation’s south, set to trial the CBDC next year. Per Rostov Gazeta, Center-invest Bank has “signed a digital rub...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Per Rostov Gazeta, Center-invest Bank has “signed a digital ruble [partnership] agreement with the [CBDC’s] operator, the Central Bank.”
The move will see the Rostov-on-Don-based bank join a “second group of banks” that will let clients use the coin in real-world scenarios....
Read More: More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances?
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
US banks officially permitted to buy and sell crypto for customers
This regulatory shift could accelerate mainstream crypto adoption, enhance financial innovation, and reshape traditional banking s...
CLARITY Act faces Senate vote as banks oppose stablecoin rewards
The Senate vote on the CLARITY Act could reshape the crypto landscape, influencing regulatory approaches and market dynamics for s...
The stablecoin yield clash that won't go away has banks, crypto battling over tradition
The bankers want people kept in lower-yield deposits for the good of the financial system as it's existed for generations, and the...
Will Mark Cuban eat his words with his newest crypto prediction?
On Saturday afternoon, Mark Cuban posted another crypto prediction, “Chips as an asset class will be the new crypto.” Within a day...
Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation
The Office of the Comptroller of the Currency (OCC) gave World Liberty Financial, a DeFi venture associated with President Donald...
Zhibao Technology completes $154.7M Bitcoin-funded private placement, will hold BTC in treasury
Zhibao's Bitcoin-funded placement highlights a shift towards digital assets as strategic reserves, potentially influencing corpora...