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Russia Survey: 90% Don’t Want to Be Paid in Digital Rubles – CBDC Setback?

The Central Bank’s plans for a Central Bank Digital Currency (CBDC) in Western Russia have been met with significant skepticism. According to a report by Lipetsk News, a survey conducted...
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Russia: Illegal Crypto Miner ‘Stole $225,000 From Grid’

An illicit cryptocurrency miner in Russia has been accused of causing significant harm to a local power grid and pilfering approximately $225,000 worth of electricity, according to allegations made by...
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Binance Discontinues Peer-to-Peer Service with Sanctioned Russian Banks – Here’s the Latest

Binance has severed ties with five Russian banks facing sanctions, ceasing their function as transfer options for ruble transactions on the exchange’s peer-to-peer service. On August 22, The Wall Street...
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Moscow Metro to Join Russia’s Digital Ruble Trial – CBDC Gathering Pace

The Russian Central Bank is set to test its digital ruble on Moscow’s renowned metro system, indicating significant momentum in the nation’s CBDC (Central Bank Digital Currency) initiative. Earlier in...
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Most Russians Wary of Digital Ruble, Survey Finds – Blow for Moscow’s CBDC?

A majority of Russians express skepticism or indifference towards the digital ruble, Russia’s Central Bank Digital Currency (CBDC), according to a recent survey. BankInform, a media and information service provider,...
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Russian Bailiffs ‘Will Be Allowed to Seize Digital Rubles from Citizens & Firms’

The head of a Russian government agency has confirmed that national bailiffs will have the authority to seize digital rubles from citizens. This comes as the country prepares for a...
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Russian Regions Welcome Digital Ruble Developments – But When Will CBDC Debut?

Russian regions are responding positively to the announcement that the country’s digital ruble pilot is scheduled to officially begin on August 1. However, according to banks and officials, a comprehensive...
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Top Lawmaker Suggests China and Russia’s CBDCs Are ‘Compatible’

A prominent Russian lawmaker has suggested that the Central Bank Digital Currencies (CBDCs) of China and Russia could potentially be “compatible” and might facilitate international transactions between the two countries....
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