Russian CBDC has 25,000 transactions so far
At a meeting of the Association of Russian Banks, the Governor and Deputy Governor of the Central Bank of Russia provided an update on the latest developments of the digital ruble. So far, 25,000 transactions have been conducted, with 19,000 of them being person-to-person payments and the rest involving consumer-to-business payments, with approximately 3,500 payments involving smart contracts. Central Bank Governor Elvira Nabiullina added that testing is progressing as planned. Currently, 19 banks, including Russia's largest bank Sber, have conducted trials, but expansion is still needed. In terms of functionality, the central bank will introduce dynamic QR code payments, support online payments, and transfers between businesses. It also plans to develop smart contract functionality. Elvira Nabiullina also said that the progress of regulated digital assets (DFA) in Russia is smooth, and legislation allowing DFA to be used for cross-border payments has been passed by the State Duma.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








