Today the Bank of Russia confirmed that 17 additional banks are starting to onboard for the digital ruble pilot. They include Russia’s largest bank Sber, which was surprisingly amongst the second wave of banks. So far, 13 banks have been involved in the central bank digital currency (CBDC) pilots that started last August. It has involved 600 consumers and 30 other companies.
The Governor of the Bank of Russia, Elvira Nabiullina, gave a wide-ranging interview with RIA Novosti on the commencement of BRICS meetings in Russia.
She spoke about digital currencies. “When creating the digital ruble platform, we included the possibility of its integration with similar foreign platforms,” said the Governor. “We are currently conducting consultations and negotiations with many friendly countries and, of course, with the BRICS countries, on cross-border payments through digital currencies.”
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
