Russian banks realize first transactions in digital ruble - Breaking The News
Download our appPlay StoreApp Store

Russian banks realize first transactions in digital ruble

EPA-EFE/SERGEI ILNITSKY

Russian banks, along with the Bank of Russia, started testing the digital ruble platform, with the market participants already making the first transfers in digital rubles between citizens, the regulator press service announced on Tuesday.

"The digital ruble platform is a new opportunity for citizens, businesses and the state. We plan that, for citizens, transfers in digital rubles will be free and available in any region of the country, and for businesses, this will reduce costs and create opportunities for the development of innovative products and services," said Deputy Chairman of the Bank of Russia Olga Skorobogatova.

It is assumed that the issuing of digital rubles, the opening of digital wallets and transfers will be the first stage of the implementation process. The next stage will imply testing the possibility of goods and services payments, as well as interaction with the Federal Treasury. There are also plans to introduce the option of paying offline, as well as transacting with non-resident users. the Central Bank indicated.

Related News
Grayscale unveils fund for Bitcoin-using firms
Grayscale Investment LLC introduced a new exchange-traded fund (ETF) on Wednesday, named Grayscale® Bitcoin Adopters ETF, listed under the ticker BCOR.In a statement, the firm said this fund is designed for investors who want to support companies that have added Bitcoin to their financial reserves. Instead of buying Bitcoin directly, people can invest in this fund to get exposure to firms that believe in Bitcoin's long-term value."We couldn't be more...
CBOE FTSE Bitcoin Index futures start trading
Cboe Global Markets, Inc. (CBOE) announced on Tuesday in a press release that the new Cboe FTSE Bitcoin Index futures have begun trading."These new cash-settled futures, based on the FTSE Bitcoin Reduced Value Index (Ticker: XBTF), are the latest addition to Cboe's growing suite of digital asset derivatives," the company said. The XBTF futures are exclusively listed on the Cboe Futures Exchange, LLC (CFE), with the settlement happening in the...
UK unveils draft crypto rules to boost investor confidence
At the UK Fintech Week summit on Tuesday, British Chancellor of the Exchequer Rachel Reeves unveiled draft legislation to regulate cryptoasset services, aiming to enhance consumer protection and support innovation."Under the new rules, crypto exchanges, dealers and agents will be brought into the regulatory perimeter — cracking down on bad actors while supporting legitimate innovation. Crypto firms with UK customers will also have to meet clear...
SoFi plans to re-enter crypto business
Fintech bank SoFi Technologies Inc is planning to return crypto investing, its CEO Anthony Noto told CNBC."We're going to re-enter the crypto business, which we had to exit," Noto stated in an interview. "We'll re-enter the business of allowing our members to invest in cryptocurrency. We want to actually make a bigger, more comprehensive push into cryptocurrency, to include really providing crypto or blockchain capabilities in each product area that we have," he...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.