MOSCOW – Russia’s central bank might pilot its own central bank digital currency (CBDC) at the end of 2021, said the Bank of Russia’s head, Elvira Nabiullina, during an online press conference on Friday.“We view this project as promising, it fits into the concept of the digital economy [currently being built in Russia].
We want to evaluate the balance of risks and advantages of such a project before we proceed,” Nabiullina said.Answering a question from CoinDesk, the central bank executive said the pilot would be carried out with a limited set of users and “might be possible at the end of next year.”
Read more: https://www.coindesk.com/bank-of-russia-chief-talks-digital-ruble-sees-pilot-in-2021
