Russia's central bank digital currency (CBDC), the digital ruble, is being positioned as a strategic tool to mitigate the ...

Russia’s digital ruble is a central bank digital currency (CBDC) designed to function alongside cash and existing electronic payment systems. It will be fully convertible into cash and other ...

Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank ...

An international study into why some countries are accelerating Central Bank Digital Currency (CBDC) projects, and why others ...

Russia's first central bank – the main public credit institution ... Putin first announced a plan to create a form of digital currency known as the crypto-ruble in 2017, according to ...

In this paper, we develop a model incorporating the impact of financial inclusion to study the implications of introducing a retail central bank digital currency (CBDC). CBDCs in developing countries ...

MOSCOW. May 14 (Interfax) - The Bank Central of Russia will determine the date for the full-scale launch of the digital ruble by the end of the year, Central Bank Deputy Governor Zulfia Kakhrumanova ...

But some social media users are misinterpreting aspects of the directive. A central bank digital currency is "virtual money backed and issued by a central bank," according to the Atlantic Council ...