News list for "The Central Bank of Russia"
On October 10, according to Cryptopolitan, Vladimir Chistyukhin, the first deputy governor of the Central Bank of Russia (CBR), revealed at the Finopolis forum that the Russian central bank has decided to allow banks to conduct cryptocurrency business, but will introduce strict capital limits and reserve requirements. Chistyukhin also pointed out that the Russian central bank hopes to pass a law to comprehensively regulate cryptocurrency investments next year. This will enable the authorities to...
The Russian central bank recently shared its business model for a central bank digital currency (CBDC). All digital ruble transactions will be free by the end of 2025, with the first banks and merchants expected to go live on July 1. The central bank plans to earn fees by operating the system. At the same time, at a hearing in the Russian State Duma last week, the Association of Russian Banks (ABR) said that banks are unhappy with this. They are concerned about the possible outflow of bank depos...
The Russian Central Bank has announced that First Deputy Governor Olga Skorobogatova will step down on December 2. She worked in the private sector until joining the central bank in 2014. Skorobogatova is responsible for overseeing the national payment system, IT and financial technology, including the digital ruble central bank digital currency (CBDC). Her position will be replaced by Zulfiya Kakhrumanova, the central bank's director of IT. First Deputy Governor Dmitry Tulin will be responsible...
Bank of Russia: Housing mortgage loans pose a serious challenge to us, and we are concerned about high-risk areas.
