Russian Banks Demand Answers on Digital Ruble

Russian Banks Demand Answers on Digital Ruble

Russian banks seek clarity from the Central Bank on the digital ruble, raising questions about its implementation and impact. Key Points Russia’s Association of Russian Banks (ARB) has sent a letter to the Central Bank of Russia, requesting clarification on the country’s plans for a Central Bank Digital Currency (CBDC) known as the digital ruble. The ARB expressed concern over …

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