Russian cellular network operators are looking to create online wallets for the central bank’s digital currency (CBDC), Izvestia newspaper reported on Tuesday.
Most central banks around the world are exploring distributing their future CBDCs through commercial banks. But mobile networks Megafon (75 million subscribers) and Beeline (55 million users) told Izvestia that they’re interested in providing online wallets for a possible digital ruble.
Beeline is looking into “maintaining wallets on smart devices, which is not provided for the current version of the (CBDC) concept, as well as the possibility of performing P2P payment transactions without the participation of financial intermediaries, including offline,” said the representative.
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