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Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years

Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for settlements during the next five years. Aksakov stressed that…

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Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years

Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions…

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