Russian Central Bank Readies ‘Real-world’ CBDC Pilot – Digital Ruble Launch Imminent?
The Russian Central Bank could begin “real-world” tests on the digital ruble next month after parliament approved a key piece of CBDC legislation. Per Interfax, the State Duma voted in favor of adopting the bill at a thi...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Per Interfax, the State Duma voted in favor of adopting the bill at a third reading this week.
This means the main clauses of the bill are set to pass into national law on August 1, 2023.
At the end of March, the Central Bank announced that it was ready to conduct a pilot with “real” digital ruble tokens....
Read More: Russian Central Bank Readies ‘Real-world’ CBDC Pilot – Digital Ruble Launch Imminent?
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
Ex-Signature Bank chair launches blockchain-powered instant overseas payments service
N3XT's blockchain-based service could reshape global finance by offering regulated, instant cross-border payments, challenging tra...
Ripple Lands 3rd Korea Deal, Jeonbuk Bank Brings 24/7 Crypto Payments to Firms
Key Takeaways: Jeonbuk Bank is the first regional bank in Korea to use Ripple Payments. The service allows cross-border settlement...
Solana treasury firm cuts shares 700-for-1 but leaves room for nearly 100 billion more
Solana treasury company SOLAI Limited (formerly BIT Mining) said shareholders approved a capital reset that leaves it with 100 bil...
Binance provided Russian authorities with crypto donation details that led to terrorism financing charges
This case highlights the tension between crypto privacy and regulatory compliance, emphasizing the potential for state surveillanc...
XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 cross-border payment service for business remittances, but it is unknown whether the flows wil...
Moscow Exchange plans to launch Bitcoin, Ethereum perpetual futures next month
MOEX's crypto futures expansion could enhance Russia's financial infrastructure, offering regulated crypto exposure and potentiall...