A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital currency could offer new avenues for trade and reduce reliance on…
The Digital Ruble, Russia’s central bank digital currency (CBDC), is in the spotlight. The Bank of Russia has revealed its plans for this new form of money. This move is changing how we think about digital currencies in national finance. Also Read: Shiba Inu: AI Predicts SHIB’s Price For The Weekend Source: Yahov and Partners…
September 7, 2024 at 06:28 PM GST updated: September 7, 2024 at 04:24 PM 2 mins read News Russia’s Central Bank leverages crypto exchanges to bypass Western sanctions, with Garantex and Exved playing key roles. New Russian legislation integrates crypto into international trade, aiming to counteract Western financial restrictions. Russia explores digital currencies and blockchain…