[ad_1] Russian President Vladimir Putin signed the digital ruble bill into law on July 24. The Russian government’s central bank will be in charge of the digital ruble infrastructure. The law governing…
Category: CBDC
Putin Approves Law on Digital Rubble
[ad_1] Vladimir Putin, President of Russia, has ratified a law introducing digital debris, the country’s central bank digital currency (CBDC), according to an official government document published today (Monday). The approval comes…
Vladimir Putin signs Russia’s digital ruble bill into law
[ad_1] The digital ruble bill was passed by lower and upper parliaments before the president signed it into law. Russia is following in the footsteps of its neighbor China, which is far…
Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says
[ad_1] Russia’s new form of fiat, the digital ruble, will make spending more efficient on government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in implementing the…
The Reserve Bank of India is Expanding CBDC While Dismissing Privately Issued Stablecoins
[ad_1] The Reserve Bank of India (RBI) plans to increase the number of Central Bank Digital Currency (CBDC) transactions to one million per day by the end of 2023, according to Deputy…
Over 90% of Central Banks Exploring CBDCs. Dangers Looming?
[ad_1] In a recent survey conducted by the Bank for International Settlements (BIS), a Swiss-based organization that represents 63 central banks and 95% of the global economy, it was revealed that more…
European Commission outlines vision for digital euro
[ad_1] Policy • June 28, 2023, 10:45 a.m. EDT The European Commission on Wednesday released a proposal for a digital euro that would ensure free access to CBDCs across the bloc and…
IMF Working on Global CBDCs Platform
[ad_1] The International Monetary Fund (IMF) is taking steps to ensure the smooth operation of Central Bank Digital Currency (CBDC) globally. Recognizing the need for global interoperability, The IMF is developing a…