Russia’s central bank digital currency (CBDC) could be released before 2023 is out, the government has claimed. Lenta.ru reported that 19 Russian banks are currently working with the Central Bank on its latest phase of digital ruble testing. Moscow wants to fast-track the rollout of its CBDC in a bid to de-dollarize international trade. The Russian Finance Minister Anton Siluanov said that the digital ruble would be “put into circulation before the end of 2023.”... Read More: Russian CBDC ‘Ready for Launch by Year’s End’ – What Effect Will Digital Ruble Have?
