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Elvira Nabiullina

Is BRICS about to announce a gold-backed currency?
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26 August, 2024

Is BRICS about to announce a gold-backed currency?

What the BRICS system will look like in the future is still unclear, but with its annual summit ahead in...
Russia passes bill legalizing digital assets in bid to avoid international sanctions
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1 August, 2024

Russia passes bill legalizing digital assets in bid to avoid international sanctions

In a desperate move, Russia passed a bill allowing businesses to use digital assets for cross-border trade beginning in September,...
Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia
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16 April, 2024

Digital ruble will take 5-7 years to achieve mass adoption: Bank of Russia

Governor Elvira Nabiullina says that the digital ruble needs to be the most convenient payment method for individuals and businesses...
Russia pushing pensioners to ‘digital ruble trap,’ economist says
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20 January, 2024

Russia pushing pensioners to ‘digital ruble trap,’ economist says

Alexander Razuvaev says that while it’s being framed as optional, the digital ruble will become mandatory for all pension payments,...
Bank of Russia unveils logo and commission fees for digital ruble: report
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12 August, 2023

Bank of Russia unveils logo and commission fees for digital ruble: report

Starting in 2025, business-to-business transactions involving the digital ruble will have a 15 rubles ($0.16) charge, while individuals will only...
Bank of Russia: Digital ruble is not compulsory
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4 August, 2023

Bank of Russia: Digital ruble is not compulsory

Even though the use of the digital ruble remains voluntary, the Bank of Russia’s law on the CBDC is being...
Putin signs digital ruble bill into law, enabling CBDC in Russia
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27 July, 2023

Putin signs digital ruble bill into law, enabling CBDC in Russia

Under the newly signed law, the Bank of Russia is tasked with storing digital ruble assets and will be the...
Iran moves ahead with CBDC development after completing pre-pilot phase
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10 March, 2023

Iran moves ahead with CBDC development after completing pre-pilot phase

The Central Bank of Iran revealed that the pre-pilot phase skimmed through legal, regulatory, and technological implications for an Iranian...
Russia’s CBR governor endorses digital currencies for use in international settlements
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22 June, 2022

Russia’s CBR governor endorses digital currencies for use in international settlements

Elvira Nabiullina remarks indicates that Russia may soon roll out its support for digital currencies in international settlements as the...
Russia on track to launch digital ruble pilot phase by 2023
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26 April, 2022

Russia on track to launch digital ruble pilot phase by 2023

Central Bank of Russia President Elvira Nabiullina revealed that by 2023, the digital ruble would be launched on a pilot...