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John Kiff

Belarus Advances CBDC on Hyperledger Fabric - 0 views

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    The Belarus government-owned Center of Bank Technologies has reportedly initiated the construction of a central bank digital currency (CBDC) platform. The Center also posted a job vacancy for backend developers with expertise in Hyperledger Fabric and smart contract development experience. Plus, last week the National Bank of Belarus Deputy Chairman of the Board reportedly called the digital ruble project a "significant areas of development in the payment sector." https://neg.by/novosti/otkrytj/v-belarusi-nachalas-razrabotka-platformy-dlya-tsifrovogo-rublya/
John Kiff

Belarus Central Bank considers launching CBDC - 0 views

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    The National Bank of the Republic of Belarus is reportedly considering issuing a central bank digital currency (CBDC) with an official announcement likely by the end of the year. The central bank's chairman said that a digital ruble proof of concept (PoC) has already been developed. https://www.belta.by/economics/view/budet-li-v-belarusi-tsifrovoj-rubl-natsbank-rasskazal-o-perspektivah-562154-2023/
John Kiff

Belarus to introduce digital ruble in H2 2026 - NBB - 0 views

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    The National Bank of Belarus (NBB) reportedly plans to launch a digital ruble in the second half of 2026, starting with "economic agents" and expanding to government agencies and individuals in 2027. The central bank is cooperating very closely with Russian central bank and its central bank digital currency (CBDC) efforts to facilitate digital ruble cross-border transactions. Also, the NBB is working closely with government authorities to ensure that CBDC transactions can be tracked along the entire chain.
John Kiff

Kremlin announces countries to become BRICS partners from January 1 - 0 views

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    Russian Presidential Aide Yury Ushakov announced that Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda and Uzbekistan will become BRICS partners on January 1, 2025. These would be in addition to the existing member countries: Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. In addition, over two dozen more countries have shown interest in a systemic dialogue with BRICS: Azerbaijan, Bahrain, Bangladesh, Burkina Faso, Cambodia, Chad, Colombia, the Republic of the Congo, Equatorial Guinea, Honduras, Laos, Kuwait, Morocco, Myanmar, Nicaragua, Pakistan, Palestine, Senegal, South Sudan, Sri Lanka, Syria, Venezuela, and Zimbabwe. https://tass.com/politics/1892171
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