Russia Eyes Dual Crypto Exchanges and New Stablecoin Linked to RMB: Report

Russia is getting ready to present two new cryptocurrency exchanges, and a stablecoin pegged to the Chinese yuan and BRICS currency basket, as the country continues to develop its digital finance agenda. The news was shared by popular crypto journalist Colin Wu in a post today on X, referring to the Russian news outlet Kommersant. The ambitious crypto […]

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Russians Own More Crypto Than You’d Think

Russian citizens are HODLing more than their fair share of crypto, a new report from the Kremlin estimates.  Covered: Russians Own More Than $200 Billion Of Crypto Putin And The Central Bank Clash Over Blanket Crypto Ban Russians Own More Than $200 Billion Of Crypto According to government estimates, Russian citizens own approximately 16.5 trillion […]

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30 Banks Participating in Russias Central Bank Digital Currency Pilot

The number of banks participating in Russia’s central bank digital currency pilot has increased to 30. Seventeen banks have signed an agreement with the Bank of Russia to participate in the digital ruble program. They will join 13 other banks, about 600 citizens, and 30 trading and service companies that are already testing Russia’s central [...]

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