The central bank of the Russian Federation is planning to kick off the pilot testing of the prototype for its ruble-backed digital currency by the fall of 2021. Prime, a local news outlet reports the announcement put forwarded by Alexey Zabotkin, Deputy Governor of the Bank of Russia. He said: By the end of the year, hopefully, we will be able to present a prototype of the digital ruble platform Source: modernconsensus He happened to announce the plan in an online event hoste

Blockchain.com, a major cryptocurrency wallet and blockchain data provider, plans to support ruble (RUB), the national currency of Russia, though major exchange such as Binance has introduced the Russian ruble, there is still no law authorizing circulation of crypto in Russia. On May 20, it has been reported that Blockchain.com announced its long-term roadmap, “The next era of crypto and 1B wallets by 2030.” In a post authored by Peter Smith, the CEO and co-founder of Blockch

Binance, the major cryptocurrency exchange has listed four new Russian ruble trading pairs. On Dec. 2 an announcement was made by Binance stating it has listed four Russian ruble trading pairs including: Binance Coin (BNB) Bitcoin (BTC) Ether (ETH) XRP Changpeng Zhao or CZ the CEO of Binance tweeted on the development: Direct trading pairs $BNB/RUB, BTC/RUB, ETH/RUB and XRP/RUB. More options. https://t.co/9AvkPf6TuP — CZ Binance (@cz_binance) December 2, 2019 Latest Addition

Huobi Russia has launched Russian rubles deposit and will soon have its own token listing service. On Nov. 28, the cryptocurrency exchange announced at an event in Moscow that users now have an option to deposit Russian rubles on their balances via bank transfers. The CEO of Huobi Russia said that the deposits can now be processed via a bank in Uzbekistan. Huobi Russia’s legal entity, HBRU CIS, has secured an approval letter from the country’s Justice Ministry. The document i