Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble Pilot Launches With 12 Participating Banks The…
This week on “Opinionated,” the gang dives deep into some big news out of Russia, looks at the issue of rampant intellectual property theft involving non-fungible tokens (NFT) and examines Vitalik Buterin’s idea for synthetic wombs. (Yes, you read that last one right. The founder of Ethereum thinks babies should be made in Cosmic Cocoons.)…
Pavel Durov, the executive director and founder of Telegram, one of the world’s most popular messaging apps, has said a proposal to ban cryptocurrency mining and crypto-related transactions via Russian financial services would lead to an inevitable outflow of IT specialists. The ban, which Russia’s central bank has touted, would also destroy a number of […]
The Central Bank of Russia completed the prototype of the digital ruble platform in December and is now beginning to experiment with transactions. A dozen banks have been invited to join the first stage of the project’s pilot phase. The monetary authority plans to gradually expand the range of participants to include other financial service […]
The aircraft has been recovered last month and it looks like it is still pretty much intact. An image, taken by an unknown photographer, showing the wreckage of the British F-35B that ditched in the [...]
On 1 February 2022, Moscow Exchange (MOEX), Russia’s main trading venue for equities, bonds, derivatives, FX and money markets, will add shares of 80 international companies including Fidelity Nati...
Investors in need of a lift Earnings season is off to a rocky start and not only are investors not comforted by what they’re seeing, but it’s also contributing to the unease in the markets. The next week will be huge after an awful start to the year that’s brought inflation and interest rate anxiety, […]
According to on-chain analytics firm Chainalysis, the volume of criminal cryptocurrency transactions in 2021 peaked at a new all-time high – $14 billion.
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details on Crypto-Related Transactions In late […]