Cryptocurrency Analysis and News Portal
Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions.The Association of Russian Banks, or ARB, has released its official feedback on Russia’s digital ruble project on Jan. 13. The study included 17 ABR credit institutions in Russia
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The Russian cryptocurrency and blockchain association known as RAKIB warned the country’s central bank against making its future central bank digital currency too centralized. RAKIB sent a letter to Bank of Russia Chairwoman Elvira Nabiullina saying the potential design for the “digital ruble” favored by the regulator will return
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The deputy chairwoman of the Bank of Russia, Olga Skorobogatova, met with representatives of several major banks Thursday, seeking early feedback on the concept of a digital ruble. According to Russian newspaper Kommersant, the bankers were chiefly concerned over how centralized the digital currency system, currently under consideration, might be
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MOSCOW – Russia’s central bank might pilot its own central bank digital currency (CBDC) at the end of 2021, said head of the Bank of Russia Elvira Nabiullina during an online press conference on Friday. “We view this project as promising, it fits into the concept of the digital economy [currently
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The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC. Source
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Binance, the second-largest crypto exchange by daily trading volume, has enabled instant purchases of four major digital currencies with the Russian ruble.The development allows Binance users to link their Visa banking card and purchase Bitcoin (BTC), Ether (ETH), Binance Coin (BNB) and XRP with the ruble, according to a
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Major cryptocurrency exchange Binance listed four Russian ruble trading pairs, according to an announcement on Dec. 2.The first trading pairs featuring the ruble include Binance Coin (BNB), Bitcoin (BTC), Ether (ETH) and XRP. Binance CEO Changpeng Zhao commented on the development in a tweet sent the same day.Binance’s addition
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Huobi Russia now accepts ruble deposits and will soon have its own exchange token launchpad. Source
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Cryptocurrency exchange Binance is soon to launch its first fiat-to-cryptocurrency trading pairs. Speaking at the Open Innovations 2019 conference in Moscow on Monday, CEO Changpeng “CZ” Zhao confirmed that fiat options are on the way, kicking off with the Russian ruble: “We’re adding support
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