Bank of Russia to launch digital ruble pilot in April
Olga Skorobogatova, first deputy chair of the central bank, announced the news.
Bank of Russia
Russian central bank asks exchanges to avoid cryptocurrency firms
Bank of Russia asks stock exchanges not to list crypto-adjacent companies.
Russia’s PM introduces new bill for fintech sandboxes
These new sandboxes will be subject to lighter regulations.
Blockchain and Bitcoin round-up: 2 June 2017
From Russian banks to Greek lawyers. Our latest blockchain and Bitcoin report rounds up the news into a quick and easy read. Russian news agency TASS reports that Bank of Russia, the nation’s central bank, will develop a national cryptocurrency. At the St. Petersburg International Economic Forum 2017, the regulator’s deputy chairperson Olga Skorobogatova says: […]
Hackers steal $31.4 million from Bank of Russia
Hackers have stolen RUB 2 billion ($31.4 million) from correspondent bank accounts at Bank of Russia, the country’s central bank.
Sibos 2016: markets still in “Dante’s circles of hell”
Eight years on from the financial crisis, the market climate remains challenging. The global economy is still very shaky, there is still plenty of uncertainty regarding ongoing reforms and interaction with regulators, lending is limited by higher capital requirements, extremely low (or even negative) interest rates are not generating good returns and banks need to invest heavily in IT infrastructures to appease the supervisors.
Russia’s central bank launches blockchain research consortium
The Bank of Russia, the country’s central bank, has set up a blockchain research consortium with several privately-owned Russian banks. The development follows Banking Technology reporting recently that Russian payment platform Qiwi was planning to create such an entity. The central bank’s deputy governor Olga Skorobogatova says: “We developed a technical prototype for message transmission […]
