One of Russia’s biggest banks is reportedly launching a new cross-border payments system utilizing crypto assets. According to a recent report by the Russian publication Vedomosti, a representative of Rosbank says that the institution is already conducting test transactions with private and corporate clients. Though it isn’t clear which digital assets the bank will support […]
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Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated. Rosbank and Atomyze Exchange Gold and Rubles in Digital […]
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of […]