The head of Russia’s Central Bank today said that a digital version of its national currency, the ruble, could be ready for a pilot launch at the end of next year.
Elvira Nabiullina made the announcement at an online conference where she also covered inflation, borrowing interest rates and foreign exchange sales, TASS news agency reported.
“It is quite real,” Nabiullina reportedly said when asked whether the launch of the digital ruble was coming soon. She said that a consultation would take place first before piloting such a digital asset with a limited number of users.
This would all take place by the end of 2021, she added.
Read more: https://decrypt.co/46114/russia-central-bank-digital-currency-pilot
