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Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension

Post author:MiamiCrypto
Post published:March 2, 2022
Post category:Economics jose guerra juan gonzalez Payments pdvsa ruble Russian banks Services swift Venezuela

Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures…

Russian Banks Begin Testing Digital Ruble Payments

Post author:MiamiCrypto
Post published:January 22, 2022
Post category:Banks CBDC CBR Central Bank Central Bank of Russia COIN Crypto Cryptocurrencies Cryptocurrency Digital Currency digital ruble Finance monetary authority Payments pilot pilot phase pilot project regulator Russia russian Russian banks Russian Federation Testing tests Transactions Trial trials С2B

Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer…