Bank of Russia

Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network
Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network
October 11, 2024  |  Cross-border Payments

Russia reportedly aims to create a new system for cross-border payments between BRICS countries. A report that includes this plan was published ahead of an...

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Report: Russia Could Begin Testing Digital Ruble in August
Report: Russia Could Begin Testing Digital Ruble in August
July 19, 2023  |  CBDC

Russia could reportedly begin testing a digital ruble before the summer’s end. Lawmakers in the country, whose payment systems have been hamstrung since last year...

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Report: Uzbek Firm Says Tech Issues Halted Processing Russian Mir Cards
Report: Uzbek Firm Says Tech Issues Halted Processing Russian Mir Cards
September 23, 2022  |  Payment Methods

Uzbekistan’s inter-bank processing center UZCARD has reportedly paused its processing of payments via the Bank of Russia’s National Card Payment System (NSPK)-issued Mir payment cards. ...

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In About-Face, Russia’s Central Bank Issues Crypto Licenses
In About-Face, Russia’s Central Bank Issues Crypto Licenses
March 18, 2022  |  Cryptocurrency

On March 17, Russia’s Sberbank announced it had received a license from the Bank of Russia to run a cryptocurrency exchange and even launch its...

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Bank of Russia Puts Limits on Foreign Cash
Bank of Russia Puts Limits on Foreign Cash
March 10, 2022  |  International

The Bank of Russia has imposed a six-month restriction on local companies’ access to foreign currency cash in an effort to preserve hard currency amid...

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Bank of Russia: Sanctions May Hinder Card Use
Bank of Russia: Sanctions May Hinder Card Use
February 25, 2022  |  International

The Bank of Russia said that customers of some banks being sanctioned by the U.S. and other governments may be cut off from using their...

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Today in Crypto: Bank of Russia Pilots CBDC; Latin American Venture Capital Crypto Investments Hit $653M in 2021
Today in Crypto: Bank of Russia Pilots CBDC; Latin American Venture Capital Crypto Investments Hit...
February 16, 2022  |  News

The Bank of Russia is debuting a pilot stage for its digital ruble, the central bank digital currency (CBDC) it’s got in the works, CoinDesk...

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Russia Set to Propose Regulatory Plans for Crypto This Week
Russia Set to Propose Regulatory Plans for Crypto This Week
February 07, 2022  |  Cryptocurrency

The Russian government is expected to unveil ways to regulate cryptocurrency by Friday (Feb. 11), according to Bitcoin.com report citing a Russian newspaper. Kommersant quoted...

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EMEA Daily: London-Based Zilch Blasted for Promoting BNPL to Buy Pizza; EU Antitrust Chief Says Metaverse May Pose Competition Challenges
EMEA Daily: London-Based Zilch Blasted for Promoting BNPL to Buy Pizza; EU Antitrust Chief Says...
January 20, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, Zilch faces heat for encouraging U.K. consumers to use buy now, pay later (BNPL) to...

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