DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Cryptocurrency Cryptonews

Russian CBDC ‘Ready for Launch by Year’s End’ – What Effect Will Digital Ruble Have?

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 d...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Russian CBDC ‘Ready for Launch by Year’s End’ – What Effect Will Digital Ruble Have?
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?

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context