Bank Of Russia news and trends

Report: Russia Could Begin Testing Digital Ruble in August
CBDC // July 19, 2023

Russia could reportedly begin testing a digital ruble before the summer’s end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Report: Uzbek Firm Says Tech Issues Halted Processing Russian Mir Cards
Payment Methods // September 23, 2022

Uzbekistan’s inter-bank processing center UZCARD has reportedly paused its processing of payments via the Bank of Russia’s National Card Payment System (NSPK)-issued Mir payment cards.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

In About-Face, Russia’s Central Bank Issues Crypto Licenses
Cryptocurrency // March 18, 2022

On March 17, Russia’s Sberbank announced it had received a license from the Bank of Russia to run a cryptocurrency exchange and even launch its own token. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank of Russia Puts Limits on Foreign Cash
International // March 10, 2022

The Bank of Russia has imposed a six-month restriction on local companies’ access to foreign currency cash in an effort to preserve hard currency amid sanctions against the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Quick Reads
Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network

October 11, 2024
Russia reportedly aims to create a new system for cross-border payments between BRICS countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

Report: Russia Could Begin Testing Digital Ruble in August

July 19, 2023
Russia could reportedly begin testing a digital ruble before the summer’s end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Report: Uzbek Firm Says Tech Issues Halted Processing Russian Mir Cards

September 23, 2022
Uzbekistan’s inter-bank processing center UZCARD has reportedly paused its processing of payments via the Bank of Russia’s National Card Payment System (NSPK)-issued Mir payment cards.  Get the Full Story Complete...

Bank of Russia Puts Limits on Foreign Cash

March 10, 2022
The Bank of Russia has imposed a six-month restriction on local companies’ access to foreign currency cash in an effort to preserve hard currency amid sanctions against the country. Get...