The Bank of Russia introduced the digital ruble back in October last year. More specifically, then it was a report on the potential launch of the digital ruble.
According to new data, a prototype of the national digital currency may appear in our country in the fall of this year.
Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, said in an interview with a source that in the near future the Central Bank will release a scenario for the development of a digital currency, and by the fall, most likely, a prototype will be ready.
Probably, at the end of 2021 or at the beginning of 2022, testing of this form of money may begin, and in two or three years the electronic currency will firmly enter our calculations. It is worth noting that, unlike cryptocurrencies, the risks for holders of digital rubles are minimal, since the issuer in the person of the Central Bank is known, there is financial support. In fact, this is the same ruble, but in digital form
Thus, the digital ruble can become a reality for everyone as early as 2023-2024.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
