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Russia to Trial Digital Asset Settlements in Foreign Trade

[Jun 16, 2023 11:30 PM] Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor. The top executive believes these alternative instruments could increase efficiency in foreign trade while…

Russia’s Digital Ruble Integrated Into Banking App

[Nov 12, 2022 3:30 PM] VTB has become the first Russian bank to add the digital ruble to its mobile application. The integration is currently being tested with accounts set up for legal entities. Select customers will be granted access in the coming months and will be…