- The digital ruble would be built on a hybrid platform with distributed ledger technology and the Bank partnered with 12 banks to develop it.
- This photograph taken in Moscow on August 15, 2023, shows the logo of a new Russian digital ruble displaying on a smartphone screen.
- The paper reveals that one of the key goals for the regulator will be the introduction of a digital version of the national fiat currency, the ruble, and reads
- It has been suggested that by using central bank digital ruble, Russia will try to circumvent economic sanctions imposed on the country.[23][24].
- “Sanctions limited the ability of Russian businesses and the state to use the dollar and euros. The Digital Ruble in this case isn’t helpful at all.
- Yayın zamanı: 10 saat önceThe bank is also preparing to launch an exchange function which will allow conversion between digital rubles and regular electronic money by 2024.
- In December 2021, the creation of the prototype of the digital ruble platform was completed and 12 banks expressed their desire to take part in its testing.
- It will be possible to pay with the digital ruble offline, without access to the Internet. The client will transfer part of the digital rubles to a separate offline wallet.
- Still 7 pages out of 150 go to the Digital Ruble and its influence on Russia’s monetary policy. In its plans, Digital Ruble won’t replace cash, both will still exist.
- One will be able to open such wallets on the platform of the Bank of Russia; all digital ruble operations will take place there, as well.